Publication

“RPIE – 06: Real Property Income & Expense Filing”

The NYC Department of Finance requires owners of income-producing property to file an RPIE statement every year. Previously, Stroock advised that electronic filing is mandatory this year and that, unlike past years, one must re-enter the income and expense figures that they previously entered on the Tax Commission income and expense form. This Stroock Special Bulletin discusses additional changes recently announced by the Department of Finance.