I received a bill for personal property taxes, but I do not own any real estate. I lease property for my business, shouldnt the property owner pay for these taxes?
A. All businesses are taxed on their personal property, such as furniture, fixtures, inventory, machinery, equipment, etc. The statement you received is for your business personal property and not for the real estate. The real estate is taxed separately and the statement is sent directly to the property owner.
Related Questions
- I received a bill for personal property taxes, but I do not own any real estate. I lease property for my business, shouldnt the property owner pay for these taxes?
- What should a business owner do before signing a lease or purchasing property?
- How does a business owner make sure the lease meets his needs as well?
