Real Property Income and Expense (RPIE) Statements

The Department of Finance (DOF) needs income and expense information each year to value your property accurately. The RPIE-2016 statement must be filed online unless you request and are approved to file a paper version (utility property owners must file online).
The deadline to file is June 1, 2017.

The RPIE-2016 will be used to determine your property’s value for the 2017/18 tax year that will begin on July 1, 2017. DOF uses the information reported in the RPIE and/or information from similar properties to estimate the market value of your property for tax purposes.

Who needs to file?

  • Owners of income-producing properties with an Actual Assessed Value of more than $40,000 on the 2017-2018 Tentative Assessment Roll must file a Real Property Income and Expense Statement (RPIE) or a Claim of Exclusion. To find out if you can claim an exclusion click here.
  • Owners of utility-related property and equipment are required to file an REUC RPIE statement.
  • Some properties which meet the above criteria are exempt from filing, including properties that are 100% property tax exempt.  To get additional information on the filing requirements, read RPIE-2016 Filing Information and Frequently Asked Questions (FAQs).
  • Owners who are disabled or senior citizens could apply for a waiver from the electronic filing requirement by submitting an application postmarked by May 2, 2017.  If the waiver is approved, the taxpayer will be sent a hard copy RPIE form to complete and submit.

Mandatory Online Filing for RPIE 2016 - Deadline is June 1, 2017

  • You must file your RPIE-2016 online;
  • You can also use the RPIE application to complete and print out your 2016 Tax Commission Income and Expense (TCIE) statement.  The TCIE needs to be printed out and attached to your Tax Commission Application for Correction.  TCIE CANNOT BE FILED ELECTRONICALLY.
  • You can save, quit or resume your filing at any time; and
  • Online RPIE filing is efficient and secure 

FILE OR AMEND YOUR 2016 RPIE

Electronic Filing Instructions for RPIE

RPIE - 2016 Worksheet and Instructions

Utility-Related Equipment Reporting Instructions

Which form do I use?

 I am a Prepare Your Filing Using Submit No Later than
June 1, 2017
Required Filer
RPIE-2016 Worksheet and Instructions Online using the eRPIE application

NOTE:
Filers with with $250K Actual AV or less can choose the Short Form or standard submission
Required Filer who is a person with a disability or elderly and has an approved Waiver from eRPIE online filing
RPIE-2016A Worksheet and Form (mailed to you) RPIE-2016A Form (hard copy) mailed back to Finance
Adult Care/Nursing Home Facility Owner RPIE-2016 Worksheet and Instructions for Adult Care/Nursing Home Facilities Online using the eRPIE application
Gas Station/Car Wash/Oil Change Facility Owner RPIE-2016 Worksheet and Instructions for Gas Station/Car Wash/Oil Change Facilities Online using the eRPIE application
Hotel Owner RPIE-2016 Worksheet and Instructions for Hotels Online using the eRPIE application
Self-Storage Facility Owner RPIE-2016 Worksheet and Instructions for Self-Storage Facilities Online using the eRPIE application
Theatre/Concert Hall Owner RPIE-2016 Worksheet and Instructions for Theatres/Concert Halls Online using the eRPIE application
Voluntary Filer
RPIE-2016 Worksheet and Instructions
Online using the eRPIE application
Utility Property or Equipment Owner RPIE-2016U Instructions Online using the eRPIE application

We use this information and/or information supplied for similar properties to estimate the market value for tax purposes. You can read more information about how we estimate the market value of properties using income and expense data in the RPIE and Property Valuation Guide.

If you need to file for two or more properties, you may be able to file them together if the properties meet specific requirements. More information is available in the RPIE-2016 Worksheet and Instructions.

Utility Companies must file the RPIE-2016U. Read the full instructions here. An introduction to REUC-RPIE filing is here.

Thank you for providing information to help us value your property accurately and fairly.


Electronic Filing Instructions for RPIE

  1. Create a password for each Borough, Block and Lot. You can re-enter the system to amend and/or complete your RPIE using this password. Utility owners completing the RPIE-2016U/(RPIE for REUC) form enter or (pseudo) borough block lot to start the filing.
  2. Enter the requested information on each screen.
  3. You will be instructed to submit the application electronically. The application is available to print for your records. You must have completed and submitted your RPIE no later than June 1, 2017.
  4. Each time the "Next" and "Back" buttons are used, data entered on the screen will be automatically saved.
  5. To exit the system, close your browser.
  6. Help screens and form instructions are accessible from the top right hand of every screen.
If you have already certified your RPIE form, use the original password to amend the information.

The Borough, Block and/or Lot information cannot be changed once you have started the filing. If you have made an error in the Borough, Block and/or Lot number, you must Contact Us in order for the information to be deleted. You will be advised by Finance when you can re-enter the correct Borough, Block and Lot number.

Real Property owners can also use the RPIE application to complete and print out your 2016 Tax Commission Income and Expense (TCIE) statement.  The TCIE needs to be printed out and attached to your Tax Commission Application for Correction.  These materials need to be submitted in paper form to the Tax Commission before the annual deadline.  TCIE CANNOT BE FILED ELECTRONICALLY.

Requirements
Internet Explorer Version 6.0 or higher
JavaScript Enabled
Attached Printer


Non-Compliance Penalties
Required filers who do not file an RPIE-2016 or Claim of Exclusion face the following penalties.  Penalties are based on the 2017-18 Final Assessed Value of the property.

FY17 Final Assessed Value
From To Penalty Amount
$40,000 $99,999 $300
$100,000 $249,999 $750
$250,000 $499,999 $1,500
$500,000 $999,999 $3,000
$1,000,000 $4,999,999 $5,000
$5,000,000 $9,999,999 $20,000
$10,000,000 $14,999,999 $40,000
$15,000,000 $24,999,999 $60,000
$25,000,000+ $100,000

Owners required to file a Claim of Exclusion and who do not submit a claim will be fined $100.

For a more complete explanation of the RPIE Non-filer penalties, please read the Guide to Understanding the Penalty for Failure to File the Real Property Income and Expense Statement (the “RPIE”).

RPIE-2016 Non-Compliance Lists
The following lists identify properties that did not file a 2016 RPIE by the June 1, 2017 deadline.

RPIE-2016 Nonfilers
(Real Property) List
Adobe PDF MS Excel
Manhattan Download Download
Bronx Download Download
Brooklyn Download Download
Queens Download Download
Staten Island Download Download
REUC RPIE-2016 Nonfilers
(Utility Property and Equipment) List
Adobe PDF MS Excel
Manhattan Download Download
Bronx Download Download
Brooklyn Download Download
Queens Download Download
Staten Island Download Download

RPIE-2015 Properties with Petition for Hearing under review
This lists below consist of income-producing properties that Department of Finance has identified as submitted Petition for Hearing for RPIE-2015

RPIE-2015 Properties with Petition
for Hearing under review
Adobe PDF MS Excel
Manhattan Download Download
Bronx Download Download
Brooklyn Download Download
Queens Download Download
Staten Island Download Download

Rent Roll Information
The suspension of the Rent Roll filing requirement is continued for RPIE-2016. We do not require Rent Roll submissions for RPIE-2016 but you are able to voluntarily submit a rent roll or update previously submitted information through your RPIE efile form.