New Hampshire Appeals Board Denies Taxpayer’s Property Tax Abatement Appeal on Renovated Mill Property

The New Hampshire Board of Tax and Land Appeals June 12 denied Taxpayer’s property tax abatement appeal. The Town of Tilton assessed Taxpayer’s renovated commercial mill building and Taxpayer sought an abatement on the grounds that the assessment was disproportionately high or unlawful. Taxpayer argued that comparable properties, economic issues, rental issues, structural problems, and an anti-business attitude in the town supported a lower assessment. The town used both a sales comparison and an income approach. On appeal, the appeals board noted that: 1) the town’s appraisal was the best evidence of the subject property’s market value based on analysis ...