Los Angeles County is one of the most populous counties in the United States. Real estate ownership is a prized investment in the area, but it comes with the responsibility of paying real estate taxes. With the COVID-19 pandemic causing economic uncertainty, real estate owners in Los Angeles County are faced with unique challenges in paying their taxes.
Los Angeles County Real Estate Owners Face Tax Payment Deadline
The deadline for real estate tax payments in Los Angeles County is April 10th. Failure to pay on time may result in penalties or even the loss of the property through a tax sale. The County has implemented several ways for property owners to pay their taxes, including online payment options and mail-in payments.
Real estate owners who are facing financial difficulties due to the pandemic can apply for a payment plan to spread their tax payments over time. It is important to contact the County Treasurer and Tax Collector’s office to discuss options before the deadline. The County has also suspended late payment penalties for those who are unable to make payments on time due to COVID-19.
How to Navigate Los Angeles County Real Estate Tax Payments Amid COVID-19
Navigating real estate tax payments during the pandemic may seem overwhelming, but there are ways to manage the process. Property owners should first review their tax bill and ensure that all information is correct. They should also consider their financial situation and reach out to the County to discuss payment options, such as a payment plan or waiver.
Online payment options are available for those who are able to pay their taxes electronically. Property owners should also keep in mind that the County has suspended late payment penalties for those who are struggling financially due to COVID-19. It is important to stay up to date on news and updates from the County regarding real estate tax payments.
Paying real estate taxes is an important responsibility for property owners in Los Angeles County. The COVID-19 pandemic has added additional challenges for those who are struggling financially. However, the County has implemented ways to help property owners manage their payments, including payment plans and waived penalties. It is important to stay informed and reach out to the County for assistance in navigating real estate tax payments during these uncertain times.