If you want to know what a real estate broker’s tax would look like, here’s what it would look a Brandon Hirs.
That’s what the city of Portland is asking a realtor who’s a resident of the city to pay to help clean up his or her property.
The property tax is scheduled to rise to 6.9 percent in 2019 and 7.2 percent in 2020, depending on property value, which is set to go up $1,000 to $3,000.
The property tax for property that is valued at $250,000 or less is scheduled at 7.7 percent in 2021 and 7 percent in 2022.
The city wants to raise that rate by $1.7 million annually, starting in 2021.
The property taxes increase to $1 million in 2022, $2 million in 2024, $3 million in 2025, and $4 million in 2030.
The tax rate is also set to rise by $600,000 each year until 2022.
That’s a big jump, according to city spokesperson Tom Mihalovic.
That means that Brandon Hirsh, who has worked as a realtors agent for more than 10 years, will pay more.
“It’s an increase in property taxes that has not been contemplated before,” Mihlovic said.
“That is one of the things that really upsets people.
You can see that Brandon is a homeowner.
He’s not a transient.
He lives in the community.
And it’s very hard to believe that you’re going to have that kind of tax increase.”
Brandon Hirsch told The Oregonian/OregonLive he’s not concerned about the tax increase.
He said he’s used to it.
He said his agency’s real estate agents in Portland have done a good job of working to help their clients navigate Portland’s real-estate market.
He wants to make sure the tax hike isn’t as harsh as it sounds.
“We are not going to be taxed at all,” he said.
Brandon Hirs real estate agency operates three properties in Portland and two in the suburbs.