What You Need To Know About Bulk Sales
Items To Bring In For Opening Escrow
- S.S. Number or Tax ID Number
- Address & Telephone Number
- Initial Deposit
- Copy of partnership information (type of partnership)
- Copy of corporate by-laws and articles of incorporation
- Original or certified copy of resolution authorizing the transaction
Limited Liability Company:
- Copy of operation agreement
- Copy of LLC1
Copies of the following:
- Business License
- ABC License (if applicable)
- Seller’s Permit
- List of F, F&E
- Employment Development
- Department Number
- S.S. Number or Tax ID Number
- Allocation (If Available)
- All Business Name and Addresses Used At This Location
Government Contact Information
Department of Financial Protection & Innovation
Business Resources: https://dfpi.ca.gov/
California Secretary of State
Business Resources: https://www.sos.ca.gov/business-programs/business-entities/resources/
Employment Development Department:
Office Locator: https://www.edd.ca.gov/office_locator/
California Franchise Tax Board
Alcoholic Beverage Control Department
District Offices: https://www.abc.ca.gov/contact/
Los Angeles County Treasurer and Tax Collector:
Unsecured Property Taxes: https://ttc.lacounty.gov/unsecured-property-taxes/
Unsecured Property Taxes FAQs
What are Unsecured Property Taxes?
Unsecured Property Taxes are ad-valorem (value based) property taxes that the Office of the Assessor (Assessor) assessed to the owner of record as of January 1 of each year. Because the taxes are not secured by real property such as land, these taxes are called “unsecured.”
Unsecured Property Taxes are taxes on:
• Personal Property (e.g., boats, jet skis, aircrafts, business fixtures, business furniture, business machinery);
• Escaped Assessments: a taxable or an assessable prior year event that escaped the Office of the Assessor, which as a result, was not added to the corrected property’s assessed value to the prior year Annual Secured Property Tax Bill;
• Supplemental Assessments: against former owners of real property; and
• Assessments that are by law collected as secured taxes, but when delinquent are collected through unsecured collection provision (e.g., mobile homes and structural improvements on leased land).
What is the Lien Date?
The lien date is January 1. If you owned the unsecured property on this date, you are the owner of record, and therefore, you are responsible for paying the Unsecured Property Taxes, even if you sold, disposed of, or removed the property after January 1.
When are Annual Unsecured Property Tax Bills Mailed?
The Tax Collector mails Annual Unsecured Property Tax Bills between March 1 and June 30 of each year. If you do not receive your Bill by July 15, you may contact us at email@example.com, or (213) 893-7935.
When are Unsecured Property taxes due?
Annual Unsecured Property Taxes are due upon receipt and delinquent after 5:00 p.m. Pacific Time on August 31. The Treasurer and Tax Collector mails the bills between March 1 and June 30.
If the delinquency date falls on a Saturday, Sunday, or a Los Angeles County holiday, the delinquency date is moved to the close of the next business day.
If you send a payment by mail, we caution you that the United States Postal Service only postmarks certain mail depending on the type of postage used and may not postmark mail on the same day you deposit it. To assist you in understanding how to avoid penalties that could result from postmark issues, we have compiled important information on how to “Avoid Penalties by Understanding Postmarks.” Visit our website at http://ttc.lacounty.gov/avoid-penalties-by-understanding-postmarks/
Where do I mail my payment?
Los Angeles County Tax Collector
P.O. Box 54027
Los Angeles, CA 90054-0027
Unsecured Property Tax Bill Numbers change every year. When making payment, please write the Year and Bill Number of your Unsecured Property Tax Bill on the face of your check. This will ensure that we apply your payment to the Bill you intended. The Bill Number is an 8-digit number, beginning with “4,” located on the top right corner of your Annual Unsecured Property Tax Bill, next to the ‘Year’ field.