Important Dates For Homeowners By:Esperanza Butler
Important Dates For Homeowners
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January |
January
•· Taxes become lien on all taxable property at 12:01 AM.
•· First day to file affidavits and claims for exemptions for real property.
•· First day to file Application for "Decline-in value" reassessment (proposition 8)
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February |
February 1
•· Second installment of estate taxes is DUE (DELINCUENT after 5:00 PM on April 10)
February 15
•· Deadline for timely filling of affidavit and claims for exemptions (late after 5:00 PM; a postmark before midnight is considered timely) for real property, including Veterans' and Disabled Veterans'.
•· Last day to file for the Homeowners' Exemption claim (late after 5:00 PM; a postmark before midnight is considered timely) to receive the maximum exemption ($7,000 of assessed value).
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April |
April 10
•· SECOND INSTALLMENT OF REAL ESTATE TAXES BECOMES DELINQUENT
AFTER 5:00 PM (a postmark before midnight is considered timely).
•· Annual payment on the Installment Plan of redemption is due.
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May |
May 15-December 10
•· Period for filing affidavit and claim for property tax postponement with State Controller.
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June |
June 1
•· Mailing of delinquent tax bills for current year and supplements.
June 30
•· Last day of the property tax year (fiscal year).
•· DELINQUENT property becomes TAX DEFAULTED for nonpayment of taxes and is subject to the power of sale five (5) years hence if delinquent taxes are not fully paid.
Last day (prior to 5:00 PM) to open an installment plan of redemption on those parcels in their fifth year of delinquency.
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July |
July 1
•· First day of the property tax year (fiscal year).
•· First day affidavit and claim for homeowner or renters assistance may be filed with
State Franchise Tax Board
July 2
•· First day to file an Assessment Appeal application for equalization of assessment
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September |
(Fourth Monday)
•· Assessment Appeals hearings commence.
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October |
October 1
•· Beginning day of annual secured tax bill mailing (by Treasurer and Tax Collector).
October 15
•· Last day affidavit and claim for homeowner or renters assistance may be filed (late after 5:00 PM) with State Franchise Tax Board.
October 31
•· Last day of annual secured tax bill mailing (by Treasurer and Tax Collector).
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November |
November 1
•· The first installment of real estate taxes is DUE (DELINQUENT after 5:00 PM on December 10)
November 30
•· Last day to file ASSESSMENT APPEAL APPLICATION for reduction of assessment made in regular period in Los Angeles County.
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December |
December 10
•· FIRST INSTALLMENT OF REAL ESTATE TAXES BECOMES DELINQUENT AFTER 5:00 PM (a postmark before midnight is considered timely)
•· Last day to file late Homeowner's Exemption to receive 80% of the exemption.
•· Last day to file late Veteran's Exemption to receive 80% of the exemption.
•· Last day to file late Disable Veteran's Exemption to receive 90% of the exemption.
•· Last day to terminate Homeowners', Veterans', and Disabled Veterans' exemptions.
•· Last day to file for postponement of taxes with State Controller.
December 31
•· Last day to file application for "decline-in-value" reassessment (Proposition 8) with our office. This should be done if you feel the market value of your property is below you're your Proposition 13 value.
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The property tax year (fiscal year) runs from July 1 to June 30. Property is taxed as of January 1 for payment in the following fiscal year. |
"Oh, by the way, if you know of someone who would appreciate and benefit from my services, please call me with their name and number and I will be happy to help them. " Please send them my way!
Esperanza Butler (818) 926-5425
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