Personal property includes items other than land, buildings, and other permanent structures, which are classified as real property. Most personal property is exempt from property taxation, such as:
Business inventories
Materials used in manufacturing
Household furniture and goods
Personal items
Intangible property like gym memberships and life insurance policies
However, certain types of personal property are subject to property tax. These include:
Manufacturing equipment
Business computers
Airplanes
Commercial boats
Office furniture
When assessing the market value of taxable personal property, county assessors account for depreciation, which reflects the loss in value due to age and condition.
Please click below to download annual property lien date tables:
