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Get NYC RPIE Request For Waiver From Electronic Filing And Request To File A Paper Statement 2013-2024
E and Request to File a Paper RPIE Statement PART II: BASIS FOR WAIVER REQUEST The Department of Finance may, for good cause, waive the electronic filing requirement and accept an RPIE in paper format. Please state the reason(s) for your request to waive the electronic filing requirement for RPIE. Finance will let you know if your Request for Waiver has been granted.
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Lessees FAQ
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Filing Instructions: Utility Properties Visit the REUC-RPIE filing portal. ... Create a password for each property that you must file. ... Enter the requested information on each screen. You will be instructed to submit the application electronically.
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Who is Not Required to File an RPIE or Claim of Exclusion? The following properties are not required to file an RPIE or a claim of exclusion: Properties that have an actual assessed value of $40,000 or less on the 2023-2024 Tentative Assessment Roll. Residential properties containing 10 or fewer dwelling units.
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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.
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Real estate income statement is also known as a P&L and lists the income, expenses, and net operating income of a property. Net operating income (NOI) is a key metric reported on the income statement and is used in other real estate financial formulas such as capitalization rate (cap rate) and DSCR.
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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 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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