🔔 Attention Los Angeles Property Owners Affected by Fires! 🔔 If your property has been damaged or destroyed by the recent fires, California Revenue and Taxation Code Section 170 allows you to apply for property tax relief. You may be eligible to have your property reassessed and taxes adjusted accordingly. Here’s what you need to know: ➡️ Misfortune & Calamity Tax Relief: You may qualify if: • The damage exceeds $10,000 in current market value. • You file an Application for Reassessment within 12 months from the date of damage. After your application is processed, you will receive a reassessment notice and a prorated tax refund based on the reduction. ➡️ Proposition 19 Disaster Relief: If your property was substantially damaged or destroyed in a Governor-declared disaster, Prop 19 allows you to transfer your property’s tax base to a comparable replacement property anywhere in California. 📋 How to Apply: 1️⃣ Visit the Assessor’s Office website to file the application. 2️⃣ Follo...