Personal property definitionQuestion What is the definition of personal property?
Answer Personal property, also called personalty, does not mean you use the property for personal purposes; it's a legal term for any tangible property that is not real estate, or real property.
Brain Trust contributor:
Author of J.K. Lasser's Small Business Taxes 2007
Related Categories: Accounting, Finance, Taxes
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz |
AskJim ID: 1872
|





