Weiss v. State

OPINION

By the Court,

Thompson, J.:

The district court affirmed a determination of value of the appellants’ properties made by the State Board of Equalization. This appeal challenges that ruling.

In June 1977, Robert Weiss owned 596 apartments located in buildings comprised of four and eight units. The four-unit and eight-unit buildings are identical and contain identical apartments. On June 22, 1977, Weiss purchased an additional six four-unit buildings which were contiguous and identical to the ones he already owned. The purchase price for the 24 additional apartments was $300,000. Six days…