Motor Vehicles
Property taxes are based on a RV's...... (two answers)
Age and Curb weight
How many are there?
6
Mobile/manufactured homes are valued at ( ) and assessed at ( )
Market value, 11.5%
"Every tangible thing not forming part or parcel of real property"
Personal Property
What are some properties that can be listed as 'Other'
camping trailer
tiny homes
Machinery and equipment not being used
Tax when Tagged
Oil and Gas renditions must be filled on or before ___
April 1
What penalty is applied if filled after current year March 15 and before new year March 15
2%-10%
Property owners are required to list any changes by what date?
March 15
Who grants aircraft exemptions
BOTA
what are the min tax values for 16/20
$24-1981 and newer
$12-1980 and older
What subclasses can be prorated
Tax roll vehicles and Other
Tax roll vehicles are valued at ( ) and assessed at ( )
Market Value, 30%
*Escaped taxation may be added to the tax roll for what years
Current and 2 prior
How is watercraft tax calculated
As of 2026 they are exempt
What are some characteristics you can learn from the VIN
year, make, model, trim, engine, etc
CIME is only taxable with what 2 requirements
Acquired prior June 30, 2006, and RCWN is more than $1,500
What is the penalty percent for escaped taxation
12.5%
*As a general rule, where must property be listed
In the taxing district where it's located January 1
What, as of 2026, are valued as 'exempt'
Golf carts, any motorized bicycles, any trailer with a GVW 15,000 or less, any watercraft
What do Tax roll vehicles and 16/20 have in common
Billing procedures, appraisal deadline, and proration rules
When calculating the appraised value CIME, what rules must be followed?
Straight line depreciation
Value can't be less the 20%
Depreciated over no more than 7 years
Mineral leasehold interests are assessed at either ( ) or ( ) percent
30%/25%
The appraised value of machinery and equipment CANNOT be adjusted based on ____ (two answers)
In order to exempt farm machinery and equipment, it must be used ( ) and ( )
"actually and regularly"