Ohio Tax Appeals Board Rules on Taxpayer’s Franklin County Property Valuation

The Ohio Board of Tax Appeals (BTA) ruled in favor of the taxpayer’s subject property for tax year 2023. The case involved a dispute over the value of an apartment complex in Franklin County, where the taxpayer filed a complaint seeking a value based on a sale of the property, while the Franklin County Board of Revision retained the auditor’s value. The Board of Tax Appeals found that the transfer of the property through an entity transfer constituted a valid sale and was the best evidence of the property’s true value, creating a rebuttable presumption in favor of the sale ...