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What is the difference between Tangible Personal Property and Real Property?

Public Comments

1. One depreciates over time, the other appreciates over time.
2. real property is a piece of real estate a building or vacant land-- tang pers property is not real estate- it can be many things.... hope I kindof helped :)
3. movable and immovable
4. real property - land/houses/warehouses,etc. tangible property - cars, computers, non- real estate
5. The best way to explain the difference is that real property is "bricks & mortar" (buildings), while personal property is everything else (computers, cars, furniture).