Individual Personal Property

Personal property is all tangible property other than real estate. This generally includes movable items not permanently affixed to land. Individual personal property (IPP) includes boats, trailers, unlicensed vehicles, airplanes, jet skis etc. Some personal property (e.g. household goods) is generally exempt from taxation, unless it is used to operate a business. If so, the property will be classified as business personal property (BPP) and is subject to taxation. BPP generally includes machinery, equipment, furniture, and computers used in business operations. Registered motor vehicles are personal property too, but they are taxed differently under the Tag & Tax Together Program.

North Carolina General Statutes require all individuals owning personal property on January 1 of a calendar year to list that property for taxation every year.

The listing period is from January 1 through January 31.

Listings received after January 31 are subject to late listing penalties per North Carolina statute 105-312(h).

If you listed personal property last year, we will automatically mail a listing form to you in December of this year. If you do not receive a form and have property that requires listing, it is your responsibility to obtain and complete a Personal Property Listing Form.

Listings submitted by mail are filed as of the date shown on the postmark affixed by the US Postal Service.

Click on the icon below for a 2023 Individual Personal Property Listing Form

request_form_icon