Sales of tangible personal property are subject to New York sales tax unless they are specifically exempt. Sales of services are generally exempt.Example 4: Sarah owns a home for herself located on a lake. The home includes a kitchen and bathroom and is suitable for year-round use. Personal property is anything you can move and is subject to ownership. Personal property refers to items that are movable and owned, excluding land. Get answers to frequently asked questions about capital gains, losses and the sale of your home. You can get information about your property tax benefits, including: Application status, Current benefit amounts, Proposed benefit for the upcoming tax year. Spending too much time completing business personal property renditions? Increase your efficiency with this detailed walk-through.
