Don’t use it, floor plan that is, I live in a red county with a blue county seat and they are out to get their hand in your pocket anyway possible. If I did have a slew of stoves sitting here they’d either be saying I have to pay property tax on em or call it all inventory even though technically I don’t own em, but since I can make a profit on em I have to claim em. If I lived in the all red county just to the south of me my property taxes would be about half as well would my vehicle registrations. My distributer is close enough I can have a stove here by the end of the day, next morning at the latest. Have two on site at all times, this lets me just squeak by and stay under the cap for when taxes have to be paid on em.
Have bad enough money grubbers in the county government that even if I lease a piece of equipment and it’s over a certain value I still have to pay property taxes on it because I can make a profit with it and have use of it even though I can’t use it as equity.