generally refers to property that can be touched or felt, but does not include real property. Compare intangible personal property; real property; service.
Personal property that can be seen, weighed, measured, felt, or touched, or that is in any other way perceptible to the senses.
Property that you can physically touch, such as furniture, jewelry, objects of art and automobiles.
physical property such as antiques, autos, boats, artworks, collections, books, and jewelry
Includes movable objects (e.g. china, books, cars, clothes, art, etc.) but does not include land, buildings, or other forms of real estate (real propertyâ€”see above), or stocks, bonds, copyrights, cash, or other "intangible" personal property
Tangible personal property includes such things as automobiles, farm implements and boats which are movable and are not permanently attached to the land.
A physical object or objects, such as a car, a painting, or a coin collection. A charitable gift of tangible personal property (not created by the donor) is deductible up to its fair market value only if the charity puts the gift to a use that is related to the organization's charitable purpose. Otherwise, the gift is deductible only up to the donor's cost basis.
Tangible personal property taxes are ad valorem assessments against furniture, fixtures and equipment located in businesses and rental property. It also applies to structural additions to mobile homes.Â Anyone in possession of assets on January 1 must file a tangible tax return form with the Property Appraiser's Office no later than April 1 of each year.
Machinery, equipment and inventory used by business in the manufacture and/or sale of their products that is subject to taxation under a property tax. This class of property is also referred to as business tangible property. The inventory portion of this tax will be eliminated by a 25 year phase-out that started in 2002.
Anything other than real estate or money, including furniture, cars, jewelry and china.
a business' assets such as operating equipment and data processing equipment.
Property other than cash, securities, or real estate (e.g., a painting, stamp collection, or automobile).
Movable property (as opposed to real property, which is fixed), such as works of art, collectibles, jewelry, gems, musical instruments, manuscripts, etc., which themselves represent value.
Personal property other than real estate, such as cars, boats, or other assets.
Tangible personal property is any property that can be seen or touched that is not real property. For example, it includes machinery, equipment, and property contained in or attached to a building (other than structural components), such as refrigerators, grocery store counters, and office equipment.
Property other than real estate that physically exists. Aircraft, business equipment and vehicles are examples of tangible personal property. Assets such as trademarks, patents and franchises only represent value and are therefore intangible property.
Goods, chattel and other owned objects. For taxation purposes in Florida, vehicles and household goods are not considered tangible personal property.
property that you can touch, like cars, dishes, jewelry, tools, guns, sporting equipment, etc.
Personal property which ordinarily has no registered ownership attached to it, e.g. furniture, clothing, jewelry, antiques, collections, etc., but not cash or other financial assets.
Any personal property having physical existence.
Property other than real property that can be seen or touched, such as machinery and equipment. Also see “Real property.
Movable property such as jewelry, clothing, automobiles, etc., as opposed to real property (land and buildings) or intangibles such as stocks, bonds, and bank accounts.
Property, other than real property, that has a physical existence and an intrinsic value. Examples are livestock, machinery, equipment, and vehicles.
Property that is physical, such as a diamond ring or a silver coin.
Furnishings located in rental property, attachments to mobile homes on rented lots, and furnishings, fixtures and equipment used for a business purpose. All are taxable and must be reported on the Tangible Tax Return available at the Property Appraiser's Office. The filing deadline for Tangible Personal Property returns is April 1 of each year.
Property which is personal in nature meaning movable items not permanently affixed to and part of real estate, and which is susceptible to the senses. Most taxing jurisdictions assess this type property and their methods vary greatly. Interpretations as to what is real property versus personal property also vary greatly among taxing jurisdictions.
See Personal Property, page 4.
Tangible personal property includes, but is not limited to: gold coins: farm equipment, livestock, inventory, manuscripts, automobiles and boats.
Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible personal property. The law is unsettled as to whether computer data is tangible personal property. Compare intangible property.
Assets other than real estate that physically exist. Business equipment and vehicles are tangible personal property whereas stock certificates and franchises only represent value and are therefore intangible property.
Property that you can move with you from place to place. Examples include artwork, jewelry, automobiles, coin and other collections, furniture and clothing. Real estate, stocks, bonds and cash are not considered tangible personal property.