Are Grain Bins Personal Property at Samantha Phoebe blog

Are Grain Bins Personal Property. For example, a gas line to a permanent grain dryer is real property, but a gas line to a portable dryer is personal property. The ohio supreme court ruled that grain storage bins are personal property pursuant to state law and may not be taxed as real property. So, if your grain bins are used directly in commercial, manufacturing, or processing activities, and affixed or placed upon real property. The district court ruled the grain bin to be personal property and that the equipment and structures made up most of the value of the bin. Based on this analysis, the district court concluded that because two factors weighed in favor of the grain bins being categorized as real.

Grain/Fertilizer Bins
from optimumbins.com

Based on this analysis, the district court concluded that because two factors weighed in favor of the grain bins being categorized as real. For example, a gas line to a permanent grain dryer is real property, but a gas line to a portable dryer is personal property. The ohio supreme court ruled that grain storage bins are personal property pursuant to state law and may not be taxed as real property. The district court ruled the grain bin to be personal property and that the equipment and structures made up most of the value of the bin. So, if your grain bins are used directly in commercial, manufacturing, or processing activities, and affixed or placed upon real property.

Grain/Fertilizer Bins

Are Grain Bins Personal Property The district court ruled the grain bin to be personal property and that the equipment and structures made up most of the value of the bin. The district court ruled the grain bin to be personal property and that the equipment and structures made up most of the value of the bin. So, if your grain bins are used directly in commercial, manufacturing, or processing activities, and affixed or placed upon real property. The ohio supreme court ruled that grain storage bins are personal property pursuant to state law and may not be taxed as real property. Based on this analysis, the district court concluded that because two factors weighed in favor of the grain bins being categorized as real. For example, a gas line to a permanent grain dryer is real property, but a gas line to a portable dryer is personal property.

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