Personal property is defined as anything movable in nature, such as furniture, equipment and inventory. Why should I file a personal property report?This affidavit must be completely filled out and properly signed and notarized. Your county may have a website to download real and personal property tax forms. Property tax forms should be returned to your county tax officials. Assessment and appraisal of all individual personal property, business personal property and real estate property in the county. TOTAL APPROXIMATE VALUE OF PERSONAL PROPERTY: This inventory contains a true statement of all the property of the decedent within my knowledge. There are certain principles that will help you to classify property as real or personal. In brief, they are these: 1. This is a list of some of the most common document types.