Los Angeles County Looking To Help Homeowners of Fire Damaged Homes!

Home owners looking for some tax relief may find just that if they were victims of the recent Station Fire & Palos Verdes Peninsula Fire. According to the Los Angeles County Assessor's Office damage must be more than $10,000 from the recent fires. Homeowners should submit an Application For Reassessment Property Damaged or Destroyed by Misfortune or Calamity. The damage must have taken place in 12 months of the occurance of the damage.

According to information gleamed from the Los Angeles County Assessor's website, Homeowners who qualify will receive a corrected tax bill or refund. Adjustments and prorations of taxes will be based on loss of value from the date of damage to the end of the fiscal year June 30, 2010 or until the structure is repaired.

For more information regarding the Station Fire you may call (818)833-6194 or for the Palos Verdes Peninsula Fire (562)256-1853 or refer to the following link at http://assessor.lacounty.gov/extranet/list/newsList.aspx?newsid=93