Business Personal Property is reported to the Assessor annually on a form known as the Business Personal Property Statement Form 571 or BPS. Select the business personal property form you need from the following list.Enter the complete street address. Purpose — The enclosed Business Property Statement is aimed at collecting information for business equipment,. Today's q a session is to help you prepare your business per personal property statement also known as the 571l. The guide is divided into eight sections – (I) Overview for. Filing a Business Property Statement, (II) Filing a Form 571-L Electronically (e-File),. There are two ways you can assess: Online or with a paper assessment. Both of these will be mailed to your address on record January 1 of each year. Business Operations Tax details and licensing information for the City of Sacramento.