S-24-0686 Pinnacle Enterprises, Inc. and Midland Heights Apartments, LLC (Appellants) v. Sarpy County Board of Equalization (Appellee) v. Danny Pittman, Sarpy County Assessor (Appellee)
Appeal from the Nebraska Tax Equalization and Review Commission (TERC)
Attorneys: Douglas W. Ruge (Attorney at Law for Appellant) and William J. Bianco (Bianco Stroh, L.L.C. for Appellee)
Tax: Property assessment and valuation
Proceedings below: The Sarpy County Assessor appealed property valuations to TERC, which found that Appellants and the Sarpy County Board of Equalization used an improper method when determining value and reversed the Sarpy County Board of Equalization valuations. On its own motion, the Supreme Court ordered that this case be transferred from the docket of the Court of Appeals to its docket.
Issues: Appellant assigns the following error: 1) The TERC committed error in failing to utilize evidence of actual rents in its calculation of income; 2) The TERC committed error in failing to consider or give weight to competent evidence on deferred maintenance; and 3) The TERC committed error by not considering or giving weight to credible evidence that the superior Spring Hill property justified a downward valuation for the subject property.