Legal Opinion
Bayridge Associates Ltd. Partnership v. Department of Revenue
Oregon Tax Court
Decided February 3, 1994No. TC 3271, TC 3272PublishedCited by 11 opinions
1Opinion of the Court
CARL N. BYERS, Judge.
Plaintiffs appeal the January 1, 1990, assessed value of two apartment projects qualifying under IRC § 42 as low-income housing. Plaintiffs claim that the restrictions on low-income housing are “governmental restrictions” within the meaning of ORS 308.205(2). Defendant disagrees and contends that, even if they are governmental restrictions, the associated income tax benefits (credits) received in exchange must be taken into account in valuing the properties.
FACTS
The Durham Park apartment complex, which was completed in 1989, is located at the comer of Southwest 108th and…
2Cases cited7 opinions
- Swan Lake Moulding Co. v. Department of RevenueOregon Supreme Court · 1970
- Tualatin Development Co. v. Department of RevenueOregon Supreme Court · 1970
- Swan Lake Moulding Co. v. Department of RevenueOregon Supreme Court · 1971
- First National Bank v. Marion CountyOregon Supreme Court · 1942
- Marchel v. Department of RevenueOregon Tax Court · 1983
2 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Poddar v. Department of RevenueOregon Tax Court · 2005
- Cascade Court Ltd. Partnership v. NobleCourt of Appeals of Washington · 2001
- Bayridge Associates Ltd. Partnership v. Department of RevenueOregon Supreme Court · 1995
- Piedmont Plaza Investors v. Department of RevenueOregon Tax Court · 1998
- Douglas County Assessor v. Department of RevenueOregon Tax Court · 1996
6 more not listed; retrieve them via the Exa API.