For any home or business owner with $10,000 or more in damage to their property, the first step is filing a form with the Los Angeles County Assessor's Office. The form, "Property Damaged or Destroyed by Misfortune or Calamity" or "ADS-820," allows property tax relief and must be filed within one year post-disaster. This process is crucial for receiving tax reassessments to reflect lower taxable values during recovery.
Under an executive order signed by Gov. Gavin Newsom, property owners can defer this year's taxes until April 2026 without penalties, providing vital financial relief during the recovery phase. Additionally, longer payment deferrals can be sought from the Los Angeles County Treasurer and Tax Collector, allowing homeowners and business owners more time to stabilize their finances before addressing tax obligations.
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