Some of the details have gotten a little fuzzy in my mind - a year of freedom
from public service will do that - but these two things are still true, I'm
pretty sure:
1) The change from homestead to non-homestead status will usually
just about double your tax bill. State law is very homestead-friendly.
2) If your tax status and assessed value remain constant but your
taxes skyrocket, there used to be a cap on how much your bill could rise in a
single year is. Your state rep's office or Hennepin County are good sources
of information on the current law.
Sorry I don't recall more detail, but I'm sure some other list member will.
Ann Berget
Kingfield 10-10
