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California › Tax Assessment

Morgan Lewis

Los Angeles ‘Mansion Tax’ Update Regarding Office of Finance Assessments

Morgan Lewis on

Taxpayer disputes involving Los Angeles’s Measure ULA, the Homelessness and Housing Solutions Tax—commonly referred to as the “mansion tax”—are progressing through the city’s administrative review process. Property owners...more

Faegre Drinker Biddle & Reath LLP

A Guide for Property Owners Affected by the 2025 Los Angeles and Ventura Wildfires

Faegre Drinker Biddle & Reath LLP on

Los Angeles and Ventura counties continue to reel from the devastating firestorm that led Governor Newsom to declare a state of emergency on January 7, 2025. The resulting fires, including the Palisades, Eaton, Hurst, Lidia,...more

Lewitt Hackman

2025 California Wildfire Tax Relief

Lewitt Hackman on

The following summarizes some of the available tax relief procedures for taxpayers affected by the Palisades, Eaton, Hurst, and other Los Angeles County wildfires. Answers to commonly asked disaster-related tax questions are...more

Fox Rothschild LLP

Property Tax Relief Available for Los Angeles County Residences Damaged or Destroyed by Wildfires

Fox Rothschild LLP on

In the wake of the ongoing wildfires in Los Angeles County, our heart goes out to all those affected by this devastating disaster. The destruction has been overwhelming to witness, and the loss of homes, businesses and lives...more

Coblentz Patch Duffy & Bass

2023 Reduction In Property Taxes (Prop 8)

Coblentz Patch Duffy & Bass on

Office vacancies have caused the values of Bay Area commercial real property to significantly decline in 2022. The value of real property that is used to determine the property tax assessment for the 2023-2024 fiscal year...more

McDermott Will & Schulte

Managing Commercial Real Estate Taxes in California’s Challenging Market

McDermott Will & Schulte on

Without a doubt, it is difficult to find something upbeat about California’s current commercial real estate market. Property owners, economists and appraisers all agree that the market is facing one of the most challenging...more

Davis Wright Tremaine LLP

Time Is Ticking: Changes to California's Parent-Child Property Tax Reassessment Exclusion Take Effect February 15

Davis Wright Tremaine LLP on

California voters approved Proposition 19 in November 2020, which updates California's long-standing property tax reassessment rules. There are two major provisions of Prop 19....more

Allen Matkins

California Voters Narrowly Reject Split-Roll Initiative, but Approve Changes to Property Tax Exemptions; San Francisco Voters...

Allen Matkins on

On November 3, 2020, voters across the State of California were asked to consider various state and local ballot measures. The hardest fought campaign, Proposition 15, asked voters whether to rescind property-tax rules...more

Coblentz Patch Duffy & Bass

Election Results: Key San Francisco and California Ballot Measures Impacting Real Estate

Coblentz Patch Duffy & Bass on

In late October, we reported on a number of California, San Francisco, and regional propositions, including measures impacting real estate and other taxes, rent control, affordable housing, permits, and governance. At the...more

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