Property Taxes in California

In California, homeowners have the right to appeal their property tax assessments if they believe their property has been over-assessed. The process begins with the homeowner filing an appeal with the local county assessment appeals board. This board is responsible for reviewing the case and determining whether the assessed value is accurate. The appeal must typically be filed within a specific timeframe, usually between July and September, depending on the county.

Once the appeal is filed, the homeowner will need to gather evidence to support their claim. This may include recent sales data of comparable properties, an independent appraisal, or evidence of any factors that might negatively impact the property's value. The assessment appeals board will schedule a hearing where the homeowner or their representative can present their case. During the hearing, both the homeowner and the county assessor can present evidence and arguments.

The potential outcomes of the appeal process can vary. If the board finds in favor of the homeowner, the property's assessed value may be reduced, leading to a lower property tax bill. If the board upholds the original assessment, the homeowner will continue to pay the tax based on the initial valuation.

Ownwell can assist homeowners throughout the appeal process by providing expert guidance and representation. Our team of experienced property tax consultants can help gather the necessary evidence, prepare a compelling case, and represent homeowners at the appeal hearing. By leveraging our expertise, homeowners can increase their chances of a successful appeal, potentially saving them significant amounts on their property tax bills.

California offers several property tax exemption programs that can significantly reduce the financial burden for homeowners. One of the most notable is the Homeowners' Exemption, which provides a reduction in assessed value for primary residences. This exemption is available to homeowners who occupy their home as their principal place of residence. To apply, homeowners must submit a claim form to their county assessor's office by the specified deadline.

Another key exemption is the Disabled Veterans' Exemption, which benefits veterans who are rated 100% disabled due to a service-related injury. This exemption offers a substantial reduction in assessed value, providing financial relief to those who have served our country. Eligible veterans must apply through their local county assessor's office and provide necessary documentation to qualify.

California also provides a Property Tax Postponement program for seniors, blind, or disabled homeowners, allowing them to defer payment of property taxes on their primary residence. Applicants must meet specific income requirements and file an application annually.

Ownwell can assist homeowners in identifying and applying for these exemptions, ensuring they maximize their savings. By leveraging our expertise, homeowners can confidently navigate the application process and benefit from reduced property tax obligations. Our dedicated team is committed to helping you take full advantage of all available property tax relief options.