What is personal property?
According to Nevada Revised Statutes, all property that is not defined or taxed as "real estate" or "real property" is considered to be "personal property." Taxable personal property includes manufactured homes, aircraft, and all property used in conjunction with a business. Business personal property is taxable whether it is owned, leased, rented, loaned, or otherwise made available to the business. The taxation of business personal property has been in effect since Nevada became a state in 1864. Nevada Revised Statutes, Chapter 360-361, provide for the taxation of all property, unless specifically exempted by law.

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1. What is personal property?
2. What types of business personal property are exempt from taxation?
3. Who must file a business personal property declaration with the Assessor?
4. What is the purpose of the declaration?
5. When may a business expect a personal property tax bill?
6. How is the tax computed?
7. How do I obtain a business personal property declaration?
8. Where can I get assistance in completing the business personal property declaration?