Real and personal property and improvements to the property that are used for residential purposes, including residential property that is owned in foreclosure. In Arizona you can prepare a "personal property list" identifying who will receive individual items from your estate.Examples of business or agricultural personal property include but are not limited to: furniture, computers, tools, rakes, shovels, saddles, bridles, etc. Taxable personal property includes property used for commercial, industrial, agricultural purposes and manufactured housing. If your home is a personal residence that you rent out for fewer than 15 days per year, you are not required to report or pay tax on the rental income. Find answers to the a list of common questions other users have asked. You can filter the results to a particular category or properties and services. What is personal property? For complete details, refer to the. There is no blanket exemption in the Constitution for personal property but there is one for "household goods.
