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30 Mar 2007, 4:56 am
I suspect this issue might before long capture the attention of the Supreme Court. [read post]
20 Feb 2011, 1:27 pm by Sarah Lindsey
In President Inn Properties LLC v City of Grand Rapids, the Court of Appeals held that the Tax Tribunal was permitted to (1) revisit the credibility of the petitioner’s appraiser and the weight assigned to his appraisals; (2) select a valuation theory other than the income-capitalization method for income producing property; and (3) adopt the existing valuations of property on the assessment rolls so long as there was competent and substantial evidence in the record… [read post]