Property Taxes

Just a friendly reminder that the second secured property tax installment is due by April 10, 2020.

Palos Verdes Homes owners' tax questions answered by tax expert Abe Schneier, a senior technical manager with the American Institute of CPAs, courtesy of the National Association of Realtors.

Tax tips for Palos Verdes real estate deductions including property taxes, home office, private mortgage insurance, loan refinance points, energy tax credits, capital gains, and mortgage interest.

Tax exemption for Palos Verdes homes owners over 65 years of age must be filed by May 31, 2011, to waive school district parcel taxes.

Palos Verdes Homes property tax reassessment if decline in value; new 2010 filing process 90274 and 90275

Carol Quan, Special Assistant, Los Angeles Tax Assessor, spoke at our Palos Verdes real estate Remax office meeting and gave us an update on property tax reassessment. Before June, the Tax Assessor's Office will pro-actively review 400,000 Los Angeles County single family residences, townhomes and condos purchased between July 1, 2003 and June 30, 2008 to ascertain if there has been a decline in...

I was recently asked about reduction in property taxes for areas of declining values. Although statistics show that Palos Verdes real estate has only declined 6.2% in 2008, it might be worthwhile to request a reassessment from the Los Angeles County Tax Assessor if you have purchased your home in the last few years. By the way, you really can do this yourself and do not need to hire one of the...