Code: RPIE (Real Property Income and Expense statement.)
Description: (Real Property Income and Expense). It is an annual report that some NYC property owners must file with the Department of Finance to show income and expenses for a property. The RPIE-2025 filing deadline is June 1, 2026.
Practical Meaning: For NYC homeowners, RPIE usually matters if the property is income-producing, such as a rental building or other property that earns money. The city uses the filing to help estimate the property’s value for tax purposes.
Where You May See It: You may see RPIE on DOF notices, tax-related filings, annual deadline reminders, online filing pages, and messages about property valuation or tax assessment.
Why It Matters: It matters because filing late or not filing can lead to penalties and may affect how the city values the property. Accurate filing also helps avoid tax problems and compliance issues.