Furniture, fixtures, and equipment (FF&E) are movable assets essential to the operation of a business, often found in hospitality industries such as hotels and motels. These items typically wear out faster than other properties, necessitating detailed management of their condition, cost, and replacement frequency.
Tangible personal property refers to objects that can be physically touched and are not classified as real estate. When determining whether a fixture is real estate or tangible personal property, the method of attachment is pivotal.
