Reviewed and updated October 16, 2026
Look beyond the building
Duval County’s tangible personal property review can include business furniture, tools and equipment, along with furniture and appliances used in rental property. Owning no commercial real estate does not settle the equipment-tax question.
Start with an inventory by location. Separate owned assets from leased equipment and record the owner or lessor. Keep purchases and disposals visible rather than letting the list accumulate items that have moved elsewhere.
Review the annual filing requirement
Florida generally uses January 1 ownership and an April 1 return deadline. Timely filing can establish eligibility for an exemption of up to $25,000 of assessed value. An initial return is generally needed; qualifying accounts may receive a later filing waiver. Verify the account’s status rather than assuming a low purchase total eliminates filing.
Contact the Duval County Property Appraiser about the return and any extension request. Check current instructions before relying on an old filing routine.
Connect the asset list with the books
For each item, retain its description, acquisition date, cost, invoice and location. Note sales, trade-ins and disposals with their supporting records. Send the same updated schedule to the person maintaining your depreciation records.
Do not substitute a federal tax depreciation balance for the local assessed value. Bring the prior return, waiver correspondence, current asset list and purchase records to the review. A well-maintained schedule helps the team identify missing records before filing and keeps new equipment from disappearing into a general expense account.
Official sources
This guide provides general information. The rules depend on the tax year, jurisdiction and your circumstances. Ask our team which filing or planning steps apply to you.
