In a previous post to our Minnesota Commercial Property Tax Appeals Blog, we began looking at the states property tax classes: Residential, Agricultural, Commercial/Industrial/Public Utility and Other Residential. (Please check the previous post for an introduction to...
Month: July 2020
Part I: A look at Minnesota’s different property tax classes
Any time you dive into documents issued by Minnesota government, you are in danger of drowning in bureaucratic jargon, dense legalese, repetition and redundancy. The state’s websites and publications will never be mistaken for relaxing bedtime reading. Not so easily...
More: the impact of Covid-19 on commercial property owners
Regular readers of our Minnesota Commercial Property Tax Appeals Blog will undoubtedly recall a recent post about the economic effects of the Covid-19 pandemic on owners of properties such as shopping centers. We'll dive a bit deeper into the subject now. Adding it up...
The impact of Covid-19 on commercial property owners
The economic fallout of the Covid-19 pandemic has had a negative effect on virtually all of the nation’s economy, including income-producing commercial properties. Owners of those properties now have tenants contending with steep declines in revenue that can mean...
Part II: Tax relief for owners of damaged Minneapolis commercial properties
Let’s continue our look at the process of obtaining tax relief for owners of Minneapolis commercial properties damaged in the recent civil unrest. (If you haven’t read Part I, simply click here.) Mandated reassessment In order to obtain the commercial property tax...
Part I: Tax relief for owners of damaged Minneapolis commercial properties
To say that this has been a tumultuous year for Minneapolis commercial property owners is to understate the obvious. A global pandemic resulted in an unprecedented slowdown of economic activity and civic unrest resulted in significant damage to some commercial...
