You'll need to sign in or create an account to connect with an expert.
Personal property is generally something that can be picked up and moved.
Real Estate (residence) is not personal property.
Personal property is movable property. It's anything that can be subject to ownership, except land. Real property is immovable property - it's land and anything attached to the land. Normally, a piece of property can be easily classified as either personal property or real property.
Personal property is generally something that can be picked up and moved.
Real Estate (residence) is not personal property.
Personal property is movable property. It's anything that can be subject to ownership, except land. Real property is immovable property - it's land and anything attached to the land. Normally, a piece of property can be easily classified as either personal property or real property.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
FrankiesMom
Returning Member
santiago1702
New Member
icurious
Level 1
sandeepkf2022-gm
New Member
SABCCS
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.