Body What Is Business Personal Property? Tangible property owned, claimed, possessed or controlled in the conduct of a profession, trade or business may be subject to property taxes. The Low-Value Ordinance Exemption has been increased to $10,000. Property valued at $10,000 or less will be exempt. This exemption does not require...

Body New Construction and Additions New construction is generally assessable and may increase the taxable value of your property, whereas normal maintenance, repair or replacement of existing structures/items will not. Taxable New Construction New construction is taxable if it adds value to the property and is not considered normal maintenance or...

Body Instructions The Assessor Department's most requested forms are provided below. Print the form, fill it out, keep a copy for your records, and send it in. Additional forms not found on this webpage may be available on the California Assessors' e-Forms portal where you can access more forms . Most... Links in this section relate to Body