Main Content

Home » Taxes

Taxes

Understanding Los Angeles Supplemental Taxes

Understanding Los Angeles Supplemental Taxes

The owners or trustees directly receive the supplemental tax bills for Los Angeles. They are separate from the regular annual tax bills. These supplemental bills are not typically paid by the lender in case of impounded property taxes. Whe...

Read more

Los Angeles Property Taxes

Los Angeles Property Taxes

Deciphering Los Angeles property taxes can be extremely confusing. Los Angeles Property taxes are delinquent twice a year, April 10, and December 10. If you haven’t received your bill, you can locate your LA County tax amount here N...

Read more

Proposition 19’s Passage and its Impact

Proposition 19’s Passage and its Impact

Proposition 19’s Passage and its Impact: Proposition 19 allows Seniors (those 55 and over), the disabled or those displaced by victims of natural disasters to blend the existing property tax base of their current home with the purchase of ano...

Read more

Los Angeles County Property Taxes

Los Angeles County Property Taxes

This post is all about Los Angeles County Property taxes. Deciphering Los Angeles property taxes can be extremely confusing. There are two annual property tax bills. They are delinquent on April 10 and December 10. If you haven’t recei...

Read more

Dealing with death, taxes and real estate

Dealing with death, taxes and real estate

The loss of a loved one is devastating. For the one tasked with the responsibility of handling the real estate and other assets it is often overwhelming. There are so many decisions to be made when dealing with death, taxes and real estate. In ...

Read more

The Mills Act and historic preservation

The Mills Act and historic preservation

The Mills Act is a California program that allows owners of qualified historic homes to receive a property tax reduction. Cities utilize the Mills Act to encourage historic preservation. Each local government establishes its own criteria.  And...

Read more

Determining your Tax Basis

Determining your Tax Basis

  I am a real estate agent and am not qualified to offer tax advice. But of course, as a California Realtor, there are certain general things I should be aware of.  When it’s time to sell your home, you certainly want to take advanta...

Read more

My Home is Worth How Much?

My Home is Worth How Much?

When property prices tumbled, I assisted many of my clients with having their property taxes reduced.  Now that Los Angeles real estate values have soared, many of these same clients are seeing their taxes increase. Several weeks ago, I ...

Read more

Avoiding the Tax Man, Propositions 60 and 90

Avoiding the Tax Man, Propositions 60 and 90

Benefits of aging are the senior discounts. One of the biggest boons to Los Angeles seniors is avoiding the tax man with the ability to transfer property taxes from one home to another. Of course restrictions to propositions 60 and 90 apply: ...

Read more