Which of the following classifications is NOT typically used for real property taxes in Georgia?

In Georgia, real property taxes are primarily levied on classifications like real property, personal property, and intangible property. Real property comprises land and anything permanently attached to it, while personal property includes movable assets. Intangible property refers to non-physical assets that can include things like stocks or bonds.

However, luxury property is not a distinct classification used for taxation purposes. In tax terms, properties are generally assessed based on their classification as real property rather than categorized specifically as luxury. This classification suggests that there may be different rates or considerations for luxury properties, but in practice, all real estate is subject to the same tax structure based on its classification as real property regardless of its perceived luxury status. Thus, the classification of luxury property does not fit within the standard categories used for real property taxes in Georgia, making it the correct choice in this context.