On November 3, 2020, California Residents passed Proposition 19 (2020) The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act. Proposition 19 allows homeowners who are over 55, disabled or victims of natural disasters to transfer their property tax base with them when they sell their home and purchase a new one. This constitutional amendment would also prevent people who inherit family properties from keeping the low property tax base unless they use the home as their primary residence and the market value is less than $1 million. 

 BELOW IS ONE OF THE MAJOR PROVISIONS OF PROPOSITION 19

PARENT-CHILD & GRANDPARENT-GRANDCHILD EXCLUSION

I hope all is going well and you are staying safe and healthy. The global pandemic will have far reaching economic implications for landlords and tenants across the nation especially in the State of California. In efforts to curb the economic strain on landlords and property owners, our firm will be aggressively analyzing potential property tax savings opportunities for commercial and residential tax payers. Properties include multifamily apartment buildings; office buildings; commercial and industrial buildings; vacant land; single family residential homes, etc.

Our firm for years has filed and successfully appealed cases before the Assessment Appeals Boards in the State of California especially in Los Angeles, Orange, Riverside, and San Bernardino Counties. My recommendation at this time is to provide us with a spreadsheet of properties and property tax bills that you believe will be in need of our review for potential property tax savings. If you are experiencing a reduction in rent receipts or projected rent receipts in compliance with the City Ordinance on rents due to the current health crisis, we will be able to help off-set the reduction in terms of reduced property taxes.

Another specific area that our firm looks at is your Direct Assessment amount for Sanitation, listed on your property tax bill. If your current charge is in excess of $5,000, we could apply for reduced Sanitation Bill on your behalf. Some of our clients qualify for as much as 80% reduction in Sanitation Direct Assessment, depending on the property type and water consumption rate.

We do not charge any fees to review these properties. Once we review the parcel numbers and/or property information, we will provide a recommendation if an appeal should be filed. Please let me know if you have any further questions.

I have also attached information from the LA County Tax Collector that can be of assistance for your clients in regards to payment of property taxes.

Best Regards,

Johnathan Razbannia Esq., M.B.A
JMR Land Use Consultants
15760 Ventura Blvd, Suite 700
Encino, CA 91436
Phone: (818) 201.0441
Fax: (818) 995.9479
www.jmrlanduse.com
Jrazbannia@jmrlanduse.com