Business personal property is taxable whether it is owned, leased, rented, loaned, or otherwise made available to the business. Find and download Nevada tax forms, including resources and guidelines to ensure accurate and timely filing with the Nevada Department of Taxation.The actual location of the property must be reported and listed separately for each individual location. Other state or local licenses may be required. Business personal property is reported annually and must include all personal property used in the business on July 1st of the current fiscal year. Business Personal Property Declaration Form.