A decision by the Los Angeles County Board of Supervisors this week to forgive property tax penalties for landlords affected by the county’s eviction moratorium was welcomed by the Apartment Association of Greater Los Angeles but it might not be enough. The apartment association was “extremely supportive” of the decision and any other support that the county can provide after two years of challenging rent collections and financial stress, Executive Director of the Apartment Association of Greater Los Angeles Dan Yukelson told The Epoch Times in an email. “It is a shame it took the county more than two years to just realize that when revenue collection is nonexistent or restricted that property owners just might be challenged to pay property taxes, mortgages and a multitude of other necessary expenses,” Yukelson said. A motion unanimously passed by the county’s Board of Supervisors March 15 cancels property tax penalties, interest, costs, …
LA County’s Tax Relief for Landlords a ‘Drop in the Bucket’: Apartment Association
March 18, 2022
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