Minnesota Seasonal Recreational Property Owners Forum

Limited Market Value is phasing out in 2009. At that time seasonal owners will be paying property tax on the full assessed value of their property. Often the assessed value of a property is two or three times higher than the limited market value, i.e.. the current taxable value.

So that means that in 2009, an owner’s tax bill could double or triple.

Check your tax bill. How much more is your current assessed value than your limited market value?

The most powerful tool we have is the truth — good solid information about seasonal property owners in Minnesota, and the effect of the state’s aggressive assessment and taxation policies. In an effort to keep our information fresh and current, please participate in the following survey on property taxes on seasonal recreational properties [such as cabins and hunting shacks] in Minnesota.

Please take 2 minutes and answer a few questions …