Property Taxes 2020: Important Dates for Homeowners

  • 10/29/20
 
 
FISCAL TAX YEAR RUNS FROM JULY 1 TO JUNE 30
 
Visit the LA County Assessor's Office site for more info.
 
JANUARY 1
 
  • Taxes become a lien on all taxable property at 12:01 AM.
  • First day to file affidavits and claims for exemptions for real property.
FEBRUARY 1
 
  • Second installment of real estate taxes is DUE (DELINQUENT after 5:00 PM on April 10).
 
FEBRUARY 15

  • Deadline for timely filing of affidavits 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).
MARCH
 
  • There are currently no important dates for homeowners in March.
 
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.

*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.
 
MAY
 
  • There are currently no important dates for homeowners in May.

JUNE 1
 
  • Mailing of delinquent tax bills for current year and supplementals.

JUNE 30

  • Last day of the property tax year (fiscal year).
  • DELINQUENT property becomes TAX DEFAULTED for nonpayment of taxes. If delinquent taxes are not paid in full, the property is subject to the power of sale after five (5) years for residential property, and after three (3) years for non-residential commercial property. Last day (prior to 5:00 PM) to open an installment plan of redemption on those parcels in their fifth year of delinquency.
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 the State Franchise Tax Board (if funding is available).

JULY 2

  • First day to file an application for a "Decline-in-Value Review".
  • First day to file an Assessment Appeal Application for equalization of assessment.

AUGUST

  • There are currently no important dates for homeowners in August.

SEPTEMBER - FOURTH MONDAY
 
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 with the State Franchise Tax Board (if funding is available).

OCTOBER 31

  • Last day of annual secured tax bill mailing (by Treasurer and Tax Collector).
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 an ASSESSMENT APPEAL APPLICATION for reduction of assessment made in regular period in Los Angeles County. If November 30 falls on a Saturday, Sunday, or a legal holiday, an application is valid if either filed or postmarked by the next business day.
  • Last day to file an application for a "Decline-in-Value Review" with our office. If November 30 falls on a Saturday, Sunday, or a legal holiday, an application is valid if either filed or postmarked by the next business day. This should be done if you feel the market value of your property is below your Proposition 13 value.
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 Homeowners' Exemption to receive 80% of the exemption.
  • Last day to file late Veterans' Exemption to receive 80% of the exemption.
  • Last day to file late Disabled Veterans' Exemption to receive 90% of the exemption.
  • Last day to terminate Homeowners', Veterans', and Disabled Veterans' exemptions.

*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.
 
 
Visit the LA County Assessor's Office site for more info.
 
 
 

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