What is the difference between Real and Personal Property Taxes? (2024)

HomeFAQWhat is the difference between Real and Personal Property Taxes?

Real property includes land plus the buildings and fixtures permanently attached to it. Real property taxes are assessed on agricultural, commercial, industrial, residential and utility property. Personal property is property that is not permanently affixed to land: e.g., equipment, furniture, tools and computers. Personal property taxes are assessed only on property that is used in business.

Applies to: City Assessor

What is the difference between Real and Personal Property Taxes? (2024)
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