Business Personal Property
Business personal property (BPP) includes any tangible assets a company uses in its daily operations that are not permanently attached to a building or land. These items are movable and can be relocated if the business moves to a different location.
At Novel Property Tax Group, we specialize in helping businesses ensure their Business Personal Property (BPP) is correctly categorized and depreciated, preventing overtaxation. Our depreciation methods ensure your assets are accurately depreciated and assessed correctly so you only pay taxes on their true taxable value.