Like real property, such as land, buildings, or other items attached to land, Business Personal Property (BPP) is taxable in the State of Texas, and is valued by your appraisal district. The deadline to render your BPP is April 1st. What is business personal property BPP includes, but is not limited to: equipment, furniture, fixtures, machinery, tools, copiers, cars, computers, …
Deadline to Render Business Personal Property is April 15th
Like real property – such as land, buildings, or other items attached to land – Business Personal Property (BPP) is taxable in the State of Texas, and is valued by your appraisal district. The deadline to render your BPP is April 15th. So what is business personal property? BPP includes, but is not limited to: equipment, furniture, fixtures, machinery, tools, …
The Market Value of Inventory and Why It Matters
Business owners and commercial property owners are likely aware that Business Personal Property includes fixed assets and inventory. A Rendition – or a written report – provides your respective appraisal district with asset descriptions, location, acquisition dates, original cost, or alternatively, your “good faith” estimate of the market value of the business personal property that you own. This rendition is …