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Real Property Income and Expense (RPIE) Real Property Income and Expense (RPIE) | City of New York nyc.gov nycbusiness description nyc.gov nycbusiness description
Regular RPIE Filing: 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. Real Property Income and Expense (RPIE) Statements - NYC.gov nyc.gov site finance taxes property-r nyc.gov site finance taxes property-r
Regular RPIE Filing: 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.
Real Property Income and Expense (RPIE)
Penalties are based on the final assessed value of the property. $100. Owners who fail to file a claim of exclusion in two consecutive years will be fined $500. Owners who fail to file a claim of exclusion in three or more consecutive years will be fined $1,000.
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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) NYC311 nyc.gov article nyc.gov article

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