Instructions for Real Property Income and Expense Form - New York City

This document was released by New York City Department of Finance and contains the most recent official instructions for Real Property Income and Expense Form .

FAQ

Q: What is the Real Property Income and Expense Form?A: The Real Property Income and Expense Form is a document used in New York City to report income and expenses for real property.

Q: Who needs to fill out the Real Property Income and Expense Form?A: Owners of certain types of real property in New York City need to fill out the form.

Q: What types of properties require the Real Property Income and Expense Form?A: Commercial and income-producing real property, such as office buildings, retail stores, and rental apartments, require the form.

Q: When is the deadline to submit the Real Property Income and Expense Form?A: The deadline to submit the form is usually on or before June 1st of each year.

Q: What information is required on the Real Property Income and Expense Form?A: The form requires details of the property's income, expenses, and other relevant financial information.

Q: Are there any penalties for not filing the Real Property Income and Expense Form?A: Yes, there are penalties for not filing the form or filing it late. It is important to comply with the deadline.

Q: Can I get an extension to file the Real Property Income and Expense Form?A: Extensions may be available in certain circumstances, but you should contact the New York City Department of Finance to request an extension.

Q: How should I submit the Real Property Income and Expense Form?A: The form can be submitted electronically or by mail, depending on the options provided by the New York City Department of Finance.

Q: What should I do if I have questions or need assistance with the Real Property Income and Expense Form?A: You can contact the New York City Department of Finance for assistance with any questions or concerns regarding the form.