Columbus City Schools Bd. of Edn. v. Franklin Cty. Bd. of Revision (Slip Opinion)

*146 {¶ 1} This appeal challenges a decision of the Board of Tax Appeals ("BTA") and involves the question of how best to determine the true value of a low-income-housing property that is both rent restricted (i.e., the owner is restricted in the rent it can charge) and rent subsidized (i.e., some of the rent is paid by the *147 government). Appellant, the property owner, Network Restorations I, L.L.C., maintains that rents as derived from rent-restricted comparables should be used in the analysis but that the property's rent subsidies should be excluded from consideration. Appellee Columbus City…