Property Taxes5 min read
Indiana's Business Personal Property Exemption Just Jumped 25× — What the New $2 Million Threshold Means for LLCs, Landlords, and Small Businesses
SEA 1 and HEA 1427 raised Indiana's business personal property exemption from $80,000 to $2,000,000 effective with the January 1, 2026 assessment. Most small businesses, rental LLCs, and short-term rental operators now owe zero BPP tax — but the filing requirement stays. Here's what changed and how to claim the exemption on Form 103.
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