Form Tc208 - Income And Expense Schedule For A Hotel - 2004
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1
2THE TAX COMMISSION OF THE CITY OF NEW YORK
1 Centre Street, Room 936, New York, NY 10007
TC208
2004
INCOME AND EXPENSE SCHEDULE FOR A HOTEL
ATTACHMENT TO APPLICATION; NOT VALID IF FILED SEPARATELY.
ANSWER ALL QUESTIONS MARKED WITH THIS
SYMBOL
YES OR NO
REPORT INCOME AND EXPENSES FOR THE PAST CALENDAR YEAR OR MOST RECENTLY
.
COMPLETED FISCAL YEAR ON BACK.
REPORTING FOR THE PRIOR YEAR IS OPTIONAL. REPORTING OF EXPENSES
OTHER THAN OPERATING EXPENSES AND RENT IS OPTIONAL, BUT THESE EXPENSES MUST BE REPORTED ONLY IN PART
6C. RENT EXPENSE FOR FURNITURE, FIXTURES & EQP’T. MAY BE REPORTED AMONG OTHER OPERATING EXPENSES.
1. PROPERTY IDENTIFICATION
BOROUGH (Bronx, Brooklyn, Manhattan, Queens or Staten Island)
BLOCK
LOT
ASSESSMENT YEAR
2004/05
Does this schedule cover more than one tax lot? ______. If yes, state total number of lots ______, and list block and lot numbers:
Block __________ Lots _____________________________
Block __________ Lots _____________________________
Block __________ Lots _____________________________
Block __________ Lots _____________________________
Check if applicable:
Additional lots are listed on page _____
All lots are contiguous.
All lots are operated as a single hotel.
Does this schedule report use, occupancy and income for the entire tax lot (or lots)? __ If no, describe portions not covered and reason for omission:
________________________________________________________________________________________________________________________
________________________________________________________________________________________________________________________
2. REPORTING PERIOD AND ACCOUNTING BASIS
Reporting year: From _______/_______/_______ to _______/_______/_______
Accounting basis:
Cash
Accrual
3. HOTEL OPERATION
Name of hotel: ___________________________________________________________________________________________________________
Is the hotel managed by an entity that is unrelated to the applicant? _____
Does any individual, business or institutional user of hotel rooms have proprietary rights to use the rooms? _____
If yes, describe ___________________________________________________________________________________________________________
TOTAL NUMBER OF ROOMS
NUMBER OF TRANSIENT ROOMS
NUMBER OF PERMANENT ROOMS
NUMBER OF KEYS
OCCUPANCY RATE FOR 2003
ROOM RATES (rack rates as of 1/05/04)
ROOM TYPE
NUMBER OF EACH
SINGLE RATE
DOUBLE RATE
rms.
$
$
rms.
$
$
rms.
$
$
4. RENTAL TENANTS - Except tenants related to hotel operator
TOTAL INCOME
FLOOR NUMBERS
GROSS FLOOR AREA
PRIOR YEAR
REPORTING YEAR
USE AND NUMBER OF UNITS
Apartments
sq.ft.
$
$
Stores
sq.ft.
$
$
Restaurants
sq.ft.
$
$
Offices
sq.ft.
$
$
sq.ft.
$
$
Garage
sq.ft.
$
$
Totals
sq.ft.
*
*
$
$
*
Report total income from rental tenants here and in Part 5B on back.
Answer the following questions yes or no. For questions answered yes, provide details below:
Was there any vacancy or change in tenancy in the nonresidential rental space during the reporting year? _____
Were any residential apartments vacant for 90 days or more during the reporting year? _____
Is any space leased to persons related to the hotel operator? _____ If yes, are the receipts from that space reported in Part 5A? _____
Detailed answers __________________________________________________________________________________________________________
________________________________________________________________________________________________________________________
________________________________________________________________________________________________________________________
________________________________________________________________________________________________________________________
________________________________________________________________________________________________________________________
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