If you rent you should file for a renters refund. Check out www.taxes.state.mn.us
Last year there was a close call on losing the refund. Around 300 thousand people would probably have been affected. WOW! That is unimaginable to us. You can find more information at www.politicsinminnesota.com
I think our governor at that time wanted to cut the rebates, because the economy was in a flip-flop, not that we aren’t now. Although I think the number of renters has gone up since all of the foreclosures that started two years back.
Guess what? I spoke with 35 people including; my co-workers, family, friends and neighbors. Out of 35 people 80% are renting today. Surprised? I’m not. I found that if the state would have lowered the renters rebate: Some renters would be upset and others would ‘make do’ with what they have. All the renters I spoke with file for the renters refund and look forward to that extra income in August! I do too. I asked them what they typically use the cash for, responses varied from household necessities, maybe an outing, but especially to catch up on bills. So really the money goes right back into the economy anyways. If you have questions about renter’s rights which also gives information to Anoka county residents @ http://www.co.anoka.mn.us Therefore if you rent take a deep breath, the tax break for renters still stands!
Good information -- renters are a little heard voice in our society where owning a home is almost like an entree into "respectable" society. With so many people losing their homes now, that might change, yes? I'd like to see you follow up with more blogs about renting and renters rights, etc.
ReplyDeleteI like the picture, it stirs your interest about the report. Good use of http
ReplyDelete