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-2018 is filed in 2019.

The RPIE-2018 filing period was March 5, 2019 to June 3, 2019. Information about RPIE-2019 will be available in 2020.

Unless excluded by law, most owners of income-producing properties in Tax Class 2, 3, and 4 with an actual assessed value of more than $40,000 are required to file an RPIE statement.

Owners of certain income-producing properties aren’t required to file an RPIE.

You didn’t have to file RPIE-2018 if:

  • Your property is 100% property tax exempt
  • Your property had an actual assessed value of $40,000 or less
  • You are excluded by law

Owners of utility properties can’t file for an exclusion, regardless of owner occupancy.

If you are exempt from filing RPIE, you may still want to file anyway, because it helps the Department of Finance better estimate the market value of your property for tax assessment purposes.

Learn more about who must file an RPIE.

Income and Expense Information Incomplete or Unknown

If income and expense information for the full year isn’t available, you must submit a partial year statement with the information for your period of ownership or a Claim of Exclusion.

If you're not aware of any income and expenses of the operation of the property for the entire year of the reporting period, you must file a Claim of Exclusion.

If you’re required to file RPIE, you must do so electronically unless you’ve been granted a waiver allowing you to file a paper RPIE.

The RPIE-2019 Workbook and Instructions and Application will be available online when next year’s filing period begins in 2020.

Specialty Properties

You must complete a Specialty Property RPIE form if you own a:

  • Adult care and nursing home facility
  • Gas stations, car washes, and oil change facility
  • Self-storage facility
  • Theatres and concert halls
  • Hotels

Get RPIE forms and instructions.

After you file your RPIE form, you’ll get an email confirmation from the Department of Finance to the email address you provide on the submission form.

Short Form RPIE

If you own a property that had an actual assessed value of $250,000 or less on the 2019-2020 Tentative Assessment Roll, you were eligible to file a  2018 Short Form RPIE if the property isn't a:

  • Adult care and nursing home facility
  • Gas stations, car washes, and oil change facility
  • Self-storage facility
  • Theatres and concert halls
  • Hotels

You are given a choice between the Short Form and the standard RPIE after completing the owner and property identification screens on the online form. 

The instruction booklet for filing electronically also includes a copy of the short form.

You can check your property's online account to find out its value on the Tentative Assessment Roll. 

View your property tax bill and account information.

Utility Property REUC Statement

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) statement. The statement must include the use and cost of all such property owned, retired, and added to inventory in the City at the end of the reporting year.

Learn more about filing the REUC RPIE.

The deadline for filing the REUC forms for RPIE-2018 was June 3, 2019.

Rent Roll Spreadsheet

The rent roll is a document that contains a list of the amount of rent received from each tenant renting their portion of the property. Rent Roll submissions were suspended and not required for RPIE-2018.

Seniors and people with disabilities are eligible to request a waiver from filing RPIE electronically. You must complete and submit an application.

If the Department of Finance approves your request, you will be allowed to file your RPIE using a paper form. If your request is denied, DOF will send you a denial letter stating that you must file electronically.

The deadline to request a waiver from filing RPIE-2018 electronically was May 6, 2019.

Information about RPIE-2019 will be available in 2020.

You can amend a submitted RPIE.

You’ll need the property’s BBL and the password you used previously to file.

Amend a submitted RPIE.

Previous Years

You are only allowed to file RPIE for the current RPIE year. For example, RPIE-2018 is filed in 2019. You cannot file any other earlier year.

By City law, if you’re required to file an RPIE but fail to file, or fail to file on time, you will be penalized. You will also not be allowed to have a Tax Commission hearing on your assessed value the following year.

If you haven’t filed yet, you will receive a Non-Compliance Notice from the Department of Finance.

A RPIE Non-Compliance Penalty Notice will include a penalty dollar amount. If you got this notice, it means that records show that you were required to file an RPIE but failed to:

  • File an RPIE
  • File an RPIE by the deadline
  • File an RPIE in the proper manner (such as electronically)
  • File an RPIE properly
  • File a Claim of Exclusion (if applicable)

You have 30 days from the date of the notice to file an RPIE or request a hearing without penalty. You won't be mailed any other notices.

Penalties, if applicable, will be posted to the property's property tax bill.

Learn more about penalties for non-compliance.

If you were required to file but didn’t for the past two years, the market value and assessment of your property may have risen significantly because it may be based upon the RPIEs filed by owners of similar properties.

Non-Compliance Hearing Request

If you disagree with DOF’s Non-Compliance Penalty Notice, you can request a hearing.

RPIE Petition for Hearing Forms are enclosed with all Non-Compliance Penalty letters. You can request additional forms and further information by contacting the Department of Finance online. 

Contact DOF.

Mail your Petition for Hearing no later than 30 calendar days after the date of the notice you've received. You should explain the issue or reason for requesting a hearing in your petition. You can choose either an in-person or by mail hearing.

Mail your petition to:

NYC Department of Finance
RPIE Unit
66 John Street, 12th Floor
New York, NY 10038

Unpaid RPIE Penalties

You have 30 days from the date of the RPIE Non-Compliance Penalty Notice to file the RPIE without penalty. Unpaid penalties will accrue interest. You should pay the penalties before the deadline to avoid interest charges.

Interest has accrued since July 1, 2017 on any property with an outstanding RPIE penalty from 2013 through the current year. RPIE penalties and interest are the responsibility of the current owner, regardless of who the owner was when the penalties were first assessed.

To avoid further interest charges, you must pay any outstanding penalties.

If you have a question about an RPIE Non-Filing Penalty Charge that appears on your property tax bill or statement of account, you can contact DOF online through their website.

Contact DOF.

You can get help with filing an RPIE. You can also request the status of a request for a waiver from filing electronically.

Online

Contact DOF.

By Phone

Call 311 for assistance.

Technical Issues

If you’re having trouble completing or submitting your RPIE online or didn’t receive an email confirmation, you should immediately contact the Department of Finance. Your message should include your name, email address, and Borough, Block, and Lot Number.

Contact DOF.

Password Problem

If you can't login with your password and haven't submitted your RPIE statement, you can start over and file a new RPIE with a new password. The new password must be at least 8 characters with at least 1 number and 1 letter.

If you want to submit the RPIE statement that you started online but didn't complete, you can click the "Forgot My Password" link on the RPIE form webpage. The Department of Finance will email your password within 30 minutes. If you don't receive the email, check your junk or spam folder.

Accommodation or Extension of Time

If you need help accessing Department of Finance (DOF) programs and services, or if you were unable to file on time because of a disability or medical condition, you can request a reasonable accommodation.

Learn more on the Disability Access page.

Need more help?

If you have already contacted the Department of Finance about an issue and were unable to resolve it, visit the Taxpayer Advocate page to learn how to get help.