Anderson/Maltbie Partnership v. Levin

{¶ 1} This is an appeal from a decision of the Board of Tax Appeals (“BTA”) concerning a real property tax exemption. Appellee Anderson/Maltbie Partnership (“AMP”) is a for-profit entity that leases property to an Ohio community school. Appellee LKH Victory Corporation is a nonprofit entity that runs the school under the name Cincinnati College Preparatory Academy (“CCPA”). AMP and CCPA sought to exempt the parcel under R.C. 5709.07(A)(1), the “public-schoolhouse exemption.” The Tax Commissioner denied the exemption because of the for-profit nature of the lease, but the BTA reversed. Applying…