Business personal property deals with the physical assets used in the operation of the business. Get information about online options available for paying sales taxes, filing tax returns, managing your business account, and reviewing history.Business personal property is personal property used in a business for commercial, industrial, residential, and agricultural purposes. Personal property is reported on the Business Property. Statement (DOR Form 82520) for commercial business property or the Agricultural Business Property. Learn about the various tax implications related to selling a business including the two ways to structure a deal Tucson Phoenix AZ.