Electronic filing of the Business Property Statement uses a web-based application that will allow users to view, modify, and submit BPS filings on-line. Business Personal Property – Frequently Asked Questions.The guide is divided into eight sections – (I) Overview for. Filing a Business Property Statement, (II) Filing a Form 571-L Electronically (e-File),. Complete the section on page two of the declaration "Affidavit of Business Closing or Sale of Business" and tell us what happened to the property. What is business personal property? Indicate the property type or property right transferred. Property rights may include water, timber, mineral rights, etc. RiverRock Real Estate Group is a privately owned, client centric property and asset management firm that provides superior, handson management. Please choose one of the following tax types.