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PETER ADANA COUNTY OF RIVERSIDE ASSESSORCOUNTY CLERKRECORDER BUSINESS PERSONAL PROPERTY DIVISION Telephone (951) 9556210 Fax (951) 9558535Mail Address: P.O. Box 1240 Riverside, CA 925021240 Email

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How to fill out business personal property

01

Gather all necessary documentation such as itemized lists of business property, purchase receipts, and depreciation schedules.

02

Complete the business personal property declaration form provided by the local tax assessor's office.

03

Provide accurate and detailed information about each piece of business property including its description, purchase date, cost, and current value.

04

Ensure that all information provided is up to date and accurately reflects the current state of the business property.

05

Submit the completed business personal property declaration form to the local tax assessor's office before the specified deadline.

Who needs business personal property?

01

Business owners who own tangible assets such as equipment, furniture, fixtures, inventory, and supplies for their business.

02

Landlords who own rental properties with furnishings and appliances.

03

Individuals or entities who own personal property used for business purposes and are required to pay property taxes on it.

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What is business personal property?

Business personal property includes tangible assets owned by a business, such as equipment, machinery, furniture, and inventory.

Who is required to file business personal property?

Business owners or entities that own tangible assets used for business purposes are required to file business personal property.

How to fill out business personal property?

Business owners can fill out a business personal property form provided by their local tax assessor's office or online through a designated portal.

What is the purpose of business personal property?

The purpose of business personal property filing is to assess and tax tangible assets owned by businesses, ensuring fair property taxation.

What information must be reported on business personal property?

Business owners must report detailed information about their tangible assets, including descriptions, original cost, acquisition date, and depreciation.

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