February 28, 2024 The Newspaper Serving LGBT Los Angeles

Los Angeles County Property Owners May Qualify for Tax Relief Following Recent Natural Disasters

Misfortune and Calamity (M&C) Program Could Give Some Disaster-Affected Residents Help

With so much damage from the recent atmospheric river storm, the city of Malibu suggested a potential way for property owners to get some help. The city’s official account posted a link to County Assessor Jeff Prang’s site, which has more information on this potential tax relief option made possible by Misfortune and Calamity (M&C) program. 

If properties have suffered damage or destruction due to events like storms, wildfires, earthquakes, or floods, owners may be eligible for reassessment. To qualify for this tax relief initiative, property owners must submit an application for reassessment of the damaged or destroyed property to the Los Angeles County Assessor’s Office within 12 months from the date of the damage. The assessed loss should exceed $10,000 to be considered for relief.

Property owners seeking more information or wishing to apply for reassessment can do so by visiting this link at the County Assessor’s website, and additional information is available at the State Board of Equalization’s website

This relief program aims to support property owners in the county who have faced substantial damage to their real estate assets due to unforeseen natural disasters. By providing tax relief, the initiative strives to alleviate the financial burden on those dealing with significant property losses.

in NEWS
Related Posts

(Video) Heartfelt candlelight vigils in Westchester and West Hollywood for Nex Benedict

February 27, 2024

February 27, 2024

The non-binary 16 year old student with Choctaw ancestry died in Owasso, Oklahoma after being beaten by three older high...

Sweet Lady Jane Sparks Hope of Return – Popular Bakery Hints at Reopening Across LA

February 27, 2024

February 27, 2024

After Abrupt Closures, Beloved Bakery Hints at a Comeback, Leaving Fans Intrigued  Sweet Lady Jane, a Los Angeles cake bakery...

30th Annual Screen Actors Guild Awards Recognize Outstanding Performances in 2023

February 26, 2024

February 26, 2024

SAG Awards Celebrate Excellence in Motion Pictures and Television The prestigious Screen Actors Guild Awards® celebrated the excellence in motion...

Waymo’s LA Expansion Hits Roadblock: CPUC Temporarily Halts Self-Driving Company’s Plans

February 26, 2024

February 26, 2024

California Public Utilities Commission suspends Waymo’s service expansion for 120 days. California’s Public Utilities Commission (CPUC) has put a temporary...

Real Estate Giant Funds LAPD Union Fund to Sway L.A. City Council Election in March

February 26, 2024

February 26, 2024

Santa Monica Company Responsible for LA’s Largest Mass Eviction Gives $400,000 Santa Monica-based Real estate investment trust company Douglas Emmett...

Blockbuster Horror Director James Wan Lists Chic Retreat Above West Hollywood

February 26, 2024

February 26, 2024

Filmmaker Puts His Midcentury Modern Estate on the Market for $4.7 Million Director James Wan, famous for his horror franchises...

39th Independent Spirit Awards Celebrates Independent Cinema in Santa Monica

February 25, 2024

February 25, 2024

Santa Monica Pier Hosts Annual Awards Ceremony Amid Pro-Palestinian Protest The 39th Independent Spirit Awards ceremony, another precursor to the...

U.S. Supreme Court Refuses to Consider Landlords’ Challenge to Rent-Control Laws

February 25, 2024

February 25, 2024

New York Landlords’ Bid to Challenge Rent-Control Laws Fails The U.S. Supreme Court declined to hear a significant property rights...

Silence Surrounding Tragic Death of Nex Benedict Sparks Outrage, While Local Authorities React Belatedly

February 23, 2024

February 23, 2024

International Attention Forces Authorities to Address Non-binary Student’s Death The disturbing death of 16-year-old non-binary student Nex Benedict in Owasso,...

(Video) Baltaire’s DJ Brunch is Ready to Make Your Weekend Fabulous

February 23, 2024

February 23, 2024

Baltaire is America’s Favorite Neighborhood Steakhouse. A Contemporary Restaurant in Brentwood With Classic Genes, Baltaire Is Where to Enjoy Brunch...

Los Angeles Mayor Joins President Biden to Announce $1.2B Student Loan Relief

February 22, 2024

February 22, 2024

President Biden in a Groundbreaking Move to Alleviate Student Debt Burdens. On February 21, Mayor Karen Bass of Los Angeles...

Los Angeles County Takes Grubhub to Court Alleging Deceptive Practices

February 22, 2024

February 22, 2024

Legal Action Initiated Against Grubhub for Alleged False Advertising Los Angeles County has initiated legal proceedings against food delivery giant...

(Video) Russian River’s Pliny the Younger 2024 at Father’s Office in Culver City

February 22, 2024

February 22, 2024

Russian River’s Pliny the Younger 2024  at Father’s Office in Culver City. The ticket got you two pours of the...

Vanderpump Rules Star and Something About Her Co-Owner Katie Maloney Gives a Sandwich Shop Update

February 21, 2024

February 21, 2024

Reality Star and Restaurateur Discusses Hurdles, Permits, and the Future People who are unfamiliar with the ins and outs of...

Culinary Bliss Awaits: Los Angeles Wine & Food Festival Debuts in Santa Monica

February 21, 2024

February 21, 2024

Santa Monica Pier Welcomes the Inaugural Los Angeles Wine & Food Festival Santa Monica is set to become the birthplace...