Rpie 2012 form-2025

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  1. Click ‘Get Form’ to open the RPIE 2012 worksheet in the editor.
  2. Begin with Section A, where you will enter the names and identification numbers of up to two property owners. Ensure accuracy as this information is crucial for tax administration.
  3. In Section B, provide contact information for the person responsible for responding to inquiries about this filing. This ensures that any questions can be addressed promptly.
  4. Proceed to Section C if you are filing for consolidated lots. Check the appropriate box and select your apportionment method based on your property’s characteristics.
  5. In Section D, indicate if you qualify for any exclusions from filing. This section helps clarify whether you need to submit an RPIE form based on your property's status.
  6. Complete Sections E through K by entering detailed income and expense data as required. Use our platform's features to easily input figures and ensure all calculations are accurate.
  7. Finally, review all entries for completeness and accuracy before clicking ‘Sign and Submit’ to certify your information, ensuring compliance with filing requirements.

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The Department of Finance (DOF) uses income and expense information each year to value income-producing properties. Property owners provide this information by completing the Real Property Income and Expense (RPIE) statement.
Penalty Amount Owners required to file a claim of exclusion who do not submit a claim will be fined $100. Owners who fail to file a claim of exclusion for two consecutive years will be fined $500. Owners who fail to file a claim of exclusion for three or more consecutive years will be fined $1,000.
Owners of income-producing properties with an actual assessed value of more than $40,000 on the tentative assessment roll must file a Real Property Income and Expense Statement or a claim of exclusion.
The Real Property Income and Expense (RPIE) statement is used by the Department of Finance to determine the value and property tax for certain income-producing properties. RPIE information is filed each year for the previous year.
Real Property Income and Expense (RPIE) Statements.

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Unless excluded by law, most owners of income-producing properties in Tax Class 2, 3, and 4 with an actual assessed value of more than $40,000 are required to file an RPIE statement. Owners of certain income-producing properties arent required to file an RPIE.
Who Is Required to File an RPIE? If you own an income-producing property with an actual assessed value greater than $40,000 on the Department of Finances tentative assessment roll, you are required to file an annual RPIE statement.

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