|Over 400,000 homeowners in Los Angeles County do not take advantage of this savings on their annual property tax bills, leaving as much as $30 million unclaimed.
If you own your principal place of residence as of January 1st of this year, the Homeowners' Exemption will reduce the taxable assessed value of your home by $7000, thereby lowering the tax bill by $70 each year. And unlike other programs, this only needs to be done once.
To find out if you already claim this exemption email me: Name, Address, phone number
Note: Applications must be filed with the Assessor by February 15th in order to receive 100% of the benefits for the following year.