Tax Type
Property Tax
Description
Charitable Organization;Leased Portions of Building
Topic
Exemptions
Date Issued
03-22-1974
Apartments leased in a building restored as a historical site by a charitable organization are subject to the property tax because this particular income-generating activity is not an integral part of the charitable mission of the organization. This is so despite the fact that occupancy of the apartments contributes indirectly to the upkeep of the remainder of the tax-exempt building.
Attorney General's Opinion