Tangible Personal Property FAQs
When am I required to list personal property?
The listing period is January 1 - January 31 of each year.
What is the due date for my real and personal property listing form?
To avoid any late list penalties, the real and personal property listing form is due by January 31 of each year. Listings submitted by mail shall be deemed filed as of the date shown on the postmark affixed by Postal Service. If no date is shown on the postmark, or if the postmark is not affixed by the United States Postal Service, the abstract is considered filed when received in the office of the assessor.
What personal property am I required to list?
Individual personal property that would need to be listed would include all manufactured homes, boats and boat motors, jet skis, aircraft, unlicensed vehicles, permanent/multi-year tag vehicles, and International Registration Plan (IRP) vehicles owned by you on January 1st. Please list these assets on a Real and Personal Property Listing Form.
Business Personal Property that would need to be listed would include furniture, fixtures, computers, machinery & equipment, supplies, leasehold improvements, construction in progress (CIP), appliances in rental property, and farm equipment used for a trade or business as of January 1st. Please list these assets on a Business Personal Property Listing Form.
Will you be mailing me a listing form each year?
Taxpayers who have listed personal property the previous year should expect to receive a preprinted listing form by the end of December or first week in January. If you do not receive a form and have property that requires listing, it is your responsibility to obtain and complete a Real and Personal Property Listing Form.
What happens if I do not return the listing form timely?
Listing forms that are not returned within the regular listing period are subject to a late list penalty.
How do I change my address with your office?
Click Change of Address Form here to update your address online.
What is the penalty on late listings?
The late list penalty is 10% for each listing period that has passed before the property was listed or discovered.
Can I fax my listing form in?
Real and Personal Property Listing forms can be mailed to the office or hand delivered into the office. Our mailing address is Durham County Tax Administration PO Box 3397 Durham NC 27702 and our physical location is Durham County Tax Administration 201 E Main St 3rd Floor Durham NC 27701.
Are manufactured homes required to be listed each year for taxes?
Manufactured homes are required to be listed each year as personal property if they do not qualify as real property. To qualify as real property, the manufactured home must:
- Have the moving hitch, wheels and axles removed
- Be placed on a permanent foundation
- Have the same owner as the real property in which the manufactured home is located
Do you offer exemptions for the elderly on vehicles?
North Carolina offers tax relief for the elderly on their permanent residence. This includes the dwelling, the dwelling site, not to exceed one acre, and related improvements. The dwelling may be a single-family residence, a unite in a multi-family residential complex, or a manufactured home.
I sold this boat/aircraft, etc. Why did I receive a tax bill?
If you were the legal owner of the personal property as of January 1, you are responsible for the taxes for that year. Personal property tax bills cannot be prorated. Please be sure to make the necessary changes on your listing form for the following year.
Will you send a notice of my property's assessed value?
The tax bill that is issued in August will serve as your assessment notice. You have 30 days from the bill date to appeal the personal property value, situs, or taxability.