What is the difference between real property and personal property?

Real property refers to land and any structures permanently affixed to it, such as houses or buildings. It also includes items attached to the land, like fences or pools. Real property is typically immovable and is assessed for property taxes. On the other hand, personal property includes assets that are moveable and not permanently attached to land. This includes items like vehicles, boats, furniture, machinery, and other possessions. Personal property is not subject to property taxes in King County. The difference lies in the nature of the assets and their attachment to land. Real property is fixed in place and encompasses land and structures, while personal property entails movable assets not permanently affixed to land.