Disaster Property Tax Relief is Available for Those Impacted by Fires
Disaster Property Tax Relief is Available for Those Impacted by Fires
On October 28 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’ office within 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).