Property Tax Lawyers in Damascus

The law of Damascus, Oregon says that everyone who owns real property has to pay taxes on it. The term "real property" refers to land and buildings, as well as anything adhered to the land, like trees and natural resources.

The property tax in Damascus, Oregon is simply a percentage of a piece of property's appraised value, paid to the state and/or local government on a periodic - normally annual - basis.

Normally, the federal government does not collect property taxes anywhere in the U.S. Property taxes are collected almost exclusively by state and local authorities.

How Property Tax is Calculated in Damascus, Oregon

Most often, property taxes in Damascus, Oregon are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of different tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.

To collect the property tax in a fair and consistent manner, Damascus, Oregon tax authorities need to have an objective formula for determining the value of land under its jurisdiction.

Value is subjective in many respects. The home that you grew up in is probably worth more to you than its going market rate. Therefore, to ensure that property taxes are fair and uniform, tax collectors have to use purely objective factors when appraising property.

There are many different ways to value property using objective factors. Typically, the appraiser in Damascus, Oregon will consider the current state of the real estate market, the size of the property, any improvements (buildings, roads, etc.) that have been made on the property, and the manner in which the property may be legally used (zoning).

How A Damascus, Oregon Property Tax Attorney Can Help.

Property tax law in Damascus, Oregon is not always simple. Legal disagreements about property taxes can arise from almost any example. For instance, you might have reason to suspect that the taxable value of your home was overestimated, creating a bigger property tax bill. And, the government might claim that you have underpaid your property taxes, while you think that you have paid the proper amount.

If you are immersed in a property tax dispute with the tax authorities of Damascus, Oregon, you should seek the help of a Damascus, Oregon tax attorney. Your attorney can help you prevent a small tax problem from turning into something much bigger and more expensive than it needs to be.