Friday, December 13, 2019
CLOSE
 
Disaster Property Tax Relief is Available for Those Impacted by Fires
By Sentinel News Service
Published October 31, 2019

Property tax relief is available for homeowners impacted by current and recent fires, as well as by flooding, earthquakes, and other calamities. In many cases, the damaged property can be reappraised in its current condition, with some taxes refunded to the property owner. Once rebuilt, the property’s pre‑damaged value will be restored.

“I highly encourage impacted homeowners to document the damage as much as possible so they may take a deduction for their loss, especially if their tax records and other important documents have been destroyed in the fire,” said Board of Equalization Vice Chair Antonio Vazquez.

To qualify for property tax relief, you must file a claim with your county assessors’ officewithin the time specified in your county ordinance, or 12 months from the date of damage or destruction, whichever is later. The loss estimate must be at least $10,000 of current market value to qualify.

Owners of eligible property may also apply for deferral of the next property tax installment on the regular secured roll or tax payments on the supplemental roll, without penalties or interest. The disaster must be the result of a Governor-proclaimed state of emergency. When a timely claim for deferral is filed, the next property tax installment payment is deferred without penalty or interest until the county assessor has reassessed the property and a corrected tax bill has been sent to the property owner.

For more details on property tax disaster relief, please see the Disaster Relief information on the Board of Equalization’s website (boe.ca.gov).

Categories: Finance | Real Estate
Tags: | |

Get the Los Angeles Sentinel App!



Since 1933 The Voice of Our Community Speaking for Itself.
86 Years of LA Sentinel.
Black News.
SEARCH:    
Videos


Photo of the Day

Events

LA Sentinel
in your pocket:





TOS-Cookbook-Web

LA Watts Times

© 2019 Los Angeles Sentinel All Rights Reserved • A Bakewell Media Publication

AboutArchivesContact UsCorrections & MisprintsMedia Kit

Terms of ServicePrivacy Policy

LA Watts TimesTaste of Soul

Close / I'm already on the list

Subscribe Today!

Don't be limited anymore! Subscribe Now »

** Existing subscribers, please Login / Register for Digital »

Subscribe to The Los Angeles Sentinel for only $5.99 $3.99 per month, with 1 month free!

Relax in comfort each week as you read the printed newspaper on your own time, delivered weekly to your home or office. This subscription also includes UNLIMITED DIGITAL ACCESS for all of your devices. Includes FREE shipping! One easy payment of $3.99/month gets you:

Subscribe Now »