Commercial Property Should Be Taxed As Commercial Property, Rules the Montana Tax Appeal Board. Taxpayer loses $300 in Property Value

Commercial v. Residential Property. When should property that is limited by restrictive real estate covenants to commercial use and barred from residential use and is located in a commercial development not be taxed as commercial property? When the taxpayer lives at the property in apparent violation of the rules. At least, that was the taxpayer’s…