Business Personal Property includes all supplies, equipment and any fixtures used in the operation of a business. What is the definition of "Business Personal Property"?What is business personal property? Statements are sent in order to gather the most up to date information on the business property so that an accurate value can be determined. Persons making three or more sales in a 12month period are generally required to obtain a seller's permit. All the equipment I use is my own personal equipment; must I report it? Assessor Jeff Prang and his staff walk you step-by-step on how to prepare a Business Personal Property Statement, Form 571-L. Business owners who possess taxable personal property need to file this statement. (m) Entering and occupying real property or structures of any kind without the consent of the owner, the owner's agent, or the person in lawful possession.
