Real and Personal Property

Real Property consists of real estate and any permanently affixed improvements, such as buildings.

Personal Property consists of:
(a) Furniture, fixtures, machinery, equipment, inventory of any personal property used in business (b) Aircraft and boats/motors owned by any individual or corporation. Boats and motors used for recreational or convenience purposes are taxed in the GA county where they are “functionally” located for a cumulative period of 184 days or more during the immediate preceding calendar year. Aircraft are taxed at the location it is hangered or tied down and flights normally originate. Any aircraft having no permanent location is taxable at the domicile of the owner unless business location is elsewhere. All tangible personal property of the taxpayer, except motor vehicles, trailers and mobile homes, shall be exempt from ad valorem taxation if the actual FMV of the total amount of taxable tangible personal property as determined by the BOA does not exceed $20,000.