We've created this presentation to assist you with filling out and filing your Tangible Personal Property Tax Return also called from DR-405. Fill out the original installed cost, which is the amount you paid, of the applicable fixed assets on your return.If you want to get started with a personal property memorandum in Florida, contact our estate planning attorneys today. Section 193.052, Florida Statutes, requires that all tangible personal property be reported each year to the Property Appraiser's office. Examples: money all evidences of debt owed to the taxpayer, all evidence of ownership in a corporation. It provides tangible evidence that the buyer now has the legal rights to the personal property described in the document. There is one form included, you may need to print or copy more blank forms for each to complete and sign. The value must be for the entire estate; you cannot probate a portion of the estate. The decedent must have been a resident of Seminole County. Complete this form if you own property used for commercial purposes that is not included in the assessed value of your business' real property.