March 4, 2024 The Best Source of News, Culture, Lifestyle for Culver City, Mar Vista, Del Rey, Palms and West 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

Two New Mixed-Use Developments Near Sony Studios in Palms Unveiled

March 3, 2024

March 3, 2024

Stylish Developments Emerge at Washington Blvd and Motor Ave Just across from Sony Pictures Studios, in the Palms district, a...

LA City Council Greenlights Master Leasing Program to Tackle Homelessness Crisis

March 3, 2024

March 3, 2024

Unanimous Vote Sets Stage for Different Approach to Expand Housing Options The Los Angeles City Council came one step closer...

LAHSA Report Exposes Failures of Anti-Camping Ordinance, Allegedly Kept Secret Since November

March 3, 2024

March 3, 2024

City Controller and Council Members Speak Out Against Withheld Report  LA City Controller Kenneth Meija posted comments on social media...

Hollywood Prepares for 96th Oscars: Street Closures and Traffic Updates Revealed

March 1, 2024

March 1, 2024

Academy of Motion Picture Arts and Sciences Ceremony to Close Local Streets The Academy of Motion Picture Arts and Sciences,...

Culver City Police Department Disperse Reckless Driving Gathering Near Costco

February 29, 2024

February 29, 2024

CCPD Officers Successfully De-Escalates Situation, Crowd Disperses Culver City Police Department officers responded to a series of calls over the...

Construction Alert: Topanga Canyon Boulevard Faces Nightly Closures Starting March 4

February 29, 2024

February 29, 2024

Caltrans Announces 18-Mile Project Spanning Chatsworth to PCH Commuters in the Los Angeles area should prepare for significant delays as...

FTC Takes Legal Action to Block $24.6 Billion Kroger-Albertsons Merger

February 29, 2024

February 29, 2024

Largest Proposed Supermarket Merger Faces Antitrust Allegations The Federal Trade Commission (FTC) filed a lawsuit on Tuesday to block Kroger...

Regarding Her Dinner at Hatchet Hall is Part of Planned Women’s History Month Celebration

February 28, 2024

February 28, 2024

Events Showcase Women-Led Farms, Vineyards, and Chefs, Supporting ‘Regarding Her’ Nonprofit Hatchet Hall, the renowned Culver City restaurant, invited patrons...

Leap Day Brings Once-in-Four-Year Deals at Popular Restaurants All Day Long

February 28, 2024

February 28, 2024

Krispy Kreme, Dunkin’, and More Roll Out Special Offers to Mark the Occasion Leap Day, that rare additional day occurring...

Sweet Lady Jane’s Social Media Tease Continues As Locations Sport Hiring Notices

February 28, 2024

February 28, 2024

Mysterious Posts Leave Fans Eager for the Return, But Questions Linger By Dolores Quintana After resurfacing on social media, the...

(Video) Pro-Palestine Protest at the Beverly Wilshire Hotel

February 28, 2024

February 28, 2024

Protesters were there to protest the arrival of U.S. Representative Nancy Pelosi Counter-protesters drove by in a car. @culvercitywlanews Pro-Palestine...

(Video) Restaurants Replace Glass Front Doors After Late Night Robbery Spree in Del Ray

February 28, 2024

February 28, 2024

Seven restaurants and small businesses in Del Rey and Venice, including Nick the Greek and Dudley Market, were robbed. Council...

Hollywood Royalty to Shine at 96th Oscars: First Wave of Star-Studded Presenter Lineup Unveiled

February 27, 2024

February 27, 2024

Incredible Lineup of Actors and Previous Oscar Winners Announced Executive producer and showrunner Raj Kapoor, along with executive producers Molly...

Vote Smart, Vote Early: Streamlining Your 2024 Presidential Primary Experience in L.A. County

February 27, 2024

February 27, 2024

Skip the Lines and Save Time – Your Guide to Early Voting Options  In preparation for the upcoming 2024 Presidential...

Overnight Burglaries Rattle Del Rey, Venice: LAPD Investigates String of Incidents

February 27, 2024

February 27, 2024

Seven Businesses Targeted, Including Nick the Greek and Dudley Market The Los Angeles Police Department officers are investigating a series...