• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar

Daniel S. Gonzales

What you need to know about Commercial Real Estate | 408.280.0535

  • Home
  • About Daniel S. Gonzales
  • Documents of interest
  • Blog

Property tax assessment, California real estate owners: It’s time to look

July 13, 2015 by Daniel S. Gonzales Leave a Comment

property tax assessment

Property tax assessment

The notification of assessed value sent out to them by California county tax assessors for real property tax assessment purposes. Benjamin Franklin famously noted that, “in this world nothing can be said to be certain, except death and taxes.” For holders of commercial and residential real property in California, the start of summer heralds an important reminder of that latter certainty.

Notifications mailed out

These notifications, which are mailed out to owners of California real property each year at the end of June, have been showing up in mailboxes for the last couple of weeks.  When receiving these notifications, property owners may wonder what they can do about them, and when they may need to take action.

Appeals process for lowering real property tax assessments

Previously, I have written in my blog about the appeals process for lowering real property tax assessments due to a decline in value generally, and I will be writing again in the near future about some specific real property tax assessment issues that some of you may find of particular interest. In the meantime, here are a few important dates to keep in mind:

  • July 2:  Assessment appeal filing period opens
  • August 1:  Last day to file for informal review under Proposition 8
  • September 15: Assessment appeal filing period closes

Evaluate your prospects

Due to the short time limits for taking action, it is critical for California property owners to evaluate their prospects for successfully challenging their real property tax assessments as efficiently and as quickly as possible. For many property owners, it will be important to consult with their real estate and tax counselors as soon as they can in order to best gauge their most appropriate course of action in these matters.

 

Filed Under: Property Taxes

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Search

Sign up for Updates

  • Hidden
    MM slash DD slash YYYY
  • This field is for validation purposes and should be left unchanged.

Helping you avoid risk, maximize profit, and protect your long term real estate appreciation

Mr. Gonzales is in private practice, providing representation, advice and counsel in complex real estate, corporate, and business transactions on behalf of public and private institutions, businesses, and individuals.

This material has been prepared by Daniel S. Gonzales for informational purposes only and does not constitute advertising, a solicitation, or legal advice. Neither delivery nor transmission of this material or the information contained herein is intended to create, and receipt thereof does not constitute formation of, an attorney-client relationship. The reader should not rely upon this information for any purpose without seeking legal advice from a licensed attorney. The information contained in this material is provided only as general information and is not promised or guaranteed to be correct or complete. Daniel S. Gonzales expressly disclaims all liability in respect to actions taken or not taken based on any or all the contents of this material.

Recent Posts

  • 2023 update of California ADU laws
  • My own ADU project!
  • ND’s Fitzgerald Institute for Real Estate brings fresh vitality to housing issues
  • Mountain View and Los Altos Hills targeted for “builder’s remedy” projects
  • Protracted legal odyssey ends in victory for Lafayette housing development
Copyright © 2023 Daniel S. Gonzales