Let’s assume that a house destroyed by the fires had a $1-million market value and a $600,000 taxable value this year.

Officials on Thursday estimated the L.A. wildfires have caused more than $50 billion in property damage, as fires continue to burn.

From installment deferral to home value transfer, we have some answers to property’s owners pressing tax questions.

The devastating fires in Los Angeles are on track to shatter prior records for total losses ... the battle to protect lives and property still continues, making any loss projections preliminary.

Assessments will drop to the land value only for homes destroyed by the fires, the L.A. County assessor said Thursday.

If you are among the thousands of Los Angeles County residents whose homes were damaged or destroyed in the Palisades or ...

In the wake of the ongoing wildfires in Los Angeles County, our heart goes out to all those affected by this devastating disaster. The destruction ...

If you pay property taxes on it, it’s likely eligible. Los Angeles County Assessor Jeff Prang is proactively reassessing ...

Do I have to pay a mortgage if my home was destroyed in the L.A. County wildfires? Get the answer to that and other housing-related questions impacting Southern California communities due to the fires ...

Unexpected catastrophes such as wildfires can completely change the character of a community, as larger, more expensive homes are built, attracting buyers from a different socioeconomic status.

It will depend on whether your county has adopted a disaster relief ordinance, which Los Angeles ... of the property’s current market value. File an application with the county assessor ...