Affected by the Los Angeles Fires? Get Property Tax Relief
Our thoughts and prayers are with the victims of the devastating Los Angeles County fires. The widespread damage, loss of property, and most tragically, the loss of lives, are truly heartbreaking. In times like these, it is vital for affected homeowners to be aware of the resources available to aid in their recovery. Learn more about Property Tax Disaster Relief for the Los Angeles fires.
Los Angeles County offers Property Tax Disaster Relief for homeowners whose properties have been significantly damaged or destroyed by a calamity, including wildfires. Under this program, affected property owners may be eligible for temporary property tax reassessments, which can provide some financial relief as they work to rebuild and recover.
To qualify, the damage must exceed $10,000, and the property must have been assessed for taxes before the disaster. The process typically involves filing an Application for Reassessment of Property Damaged by Misfortune or Calamity with the County Assessor’s Office.
Key points to remember:
• Time-Sensitive Application: Homeowners must file their application within 12 months of the disaster event to be eligible for relief.
• Reduced Tax Obligations: If approved, property taxes may be reduced temporarily based on the diminished value of the damaged property.
• Restoration Adjustments: Once repairs or rebuilding are completed, property assessments may return to their previous levels.
Given the scale of the tragedy, timely filing is essential. Delays may result in the loss of this valuable benefit.
RJS LAW offers heartfelt support to the families and communities affected during this challenging time. We urge all eligible homeowners to explore available disaster relief options to help alleviate financial burdens as they rebuild and recover. Stay resilient—assistance is within reach. Contact RJS LAW today if you have any questions.