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RPIE Worksheet and Instructions  NYC Gov  Form

RPIE Worksheet and Instructions NYC Gov Form

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S of up to two owners of the property. Do not list any negative figures. 3. Undistributed Operating b. Marketing. e. Energy. g. Insurance. RevPAR for 2014 4. Total of Rooms 4c. of Keys 4f. Average Daily Rate for 2014 1. Departmental a. Rooms. H. Other Operating describe a b 4. total Undistributed operating Expenses. 5. total operating. 6. Financial and Other describe sECtIon P - RECaPItULatIon FURnItURE FIXtUREs anD EqUIPMEnt. Do not list any negative figures. Provide the average occupancy rate...
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Instructions and help about rpie 2021 worksheet

The original 421a tax abatement program began in 1971 and is named after section 421 an of the New York property tax law the tax abatement was meant to encourage developers to build multi-family residential buildings with an emphasis on affordable housing in New York City how long will my 421a tax abatement last the 421a tax abatement on a property ranges from 10 to 25 years depending on which specific code it falls under codes 5 1 1 0 and 5 1 1 7 offer a 10-year term codes 5 1 1 3 and 5 1 1 8 have a 15-year term code 5 1 1 6 offers a 20-year term lastly code 5 1 1 4 offers a 25-year term buyers should carefully diligence the remaining term of any 421a tax abatement advertised on a listing most public search websites will only list the current monthly property taxes and only some websites may disclose that the building currently has a 421a tax abatement in place risks to buying a 421a tax abatement unit buyers should carefully diligence how many years are left in the 421a tax abatement

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