You can reduce what you owe in property taxes. Property tax exemptions, exclusions and lowered tax rates are based on how you use your property.Learn how to make property tax payments in person, over the phone, or online. Update your legal name or mailing address. Forms are required to be filed in the county where the property is located. Complete the section on page two of the declaration "Affidavit of Business Closing or Sale of Business" and tell us what happened to the property. There is no separate form for reporting sole proprietorship income on the Minnesota tax return. Conciliation Court can also order that personal property be returned. B Did the organization have any excess business holdings in the tax year? The Personal Property Division information page of the SDAT Web site contains links to forms and instructions, brochures, exemptions, tax rate charts and more.