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Assessed Value (AV) cannot increase more than 6 percent each year or more than 20 percent in five years. Class 2: Assessed Value (AV) cannot increase more than 8 percent each year or more than 30 percent in five years.
If you own an income-producing property that has an actual assessed value of more than $40,000, you are required to file an annual Real Property Income and Expense (RPIE) statement with Finance.
Utility Property REUC Addendum In addition to the RPIE, owners of power plants, generators, telecommunication lines, and other utility equipment are required to file a Real Estate of Utility Companies (REUC) addendum.
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. For example, RPIE-2021 is filed in 2022.
If you own an income-producing property that has an actual assessed value of more than $40,000, you are required to file an annual Real Property Income and Expense (RPIE) statement with Finance.
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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 Finance's tentative assessment roll, you are required to file an annual RPIE statement.
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 Finance's tentative assessment roll, you are required to file an annual RPIE statement.
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 Finance's tentative assessment roll, you are required to file an annual RPIE statement.
The Real Property Income & Expense form RPIE-2021 is due June 1, 2022. The NYC Dept. of Finance (DOF) will use this information to value properties for 2023. File the RPIE on DOF's website at http://nyc.gov/rpie.
The Real Property Income & Expense form RPIE-2021 is due June 1, 2022. The NYC Dept. of Finance (DOF) will use this information to value properties for 2023. File the RPIE on DOF's website at http://nyc.gov/rpie.

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