Personal Property Expense (PPE) refers to fees that may be imposed by local tax jurisdictions (usually counties) in most states or fees related to the titling and registration of rental equipment in the state of California, which are charged to the owner of the rental equipment.It is a very common practice for the companies who rent equipment to pass this expense along to customers in the form of a fee charged on monthly rental invoices.These fees are assessed against the equipment owner, regardless of whether the Lessee utilizing the equipment is tax exempt, therefore, your organization’s tax exemption status does not make your organization exempt from paying PPE.