What is the difference between real estate tax and personal property taxes?

Public Comments

1. Real estate tax is charged on real estate, personal property tax is charged on other property.
2. Hi! Real estate taxes are just what they say. It is a tax that you pay on land and buildings. That is what is considered real property. Personal property tax is what you pay on things that are not real property. The most common is a personal property tax on cars. Also mobile homes, boats, toy haulers, etc. Hope this helps. Virginia Cunning, Enrolled Agent, Master Tax Advisor H & R Block **This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more.