Form Rpie-2016 - Real Property Income And Expense Worksheet And Instructions Page 7
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24Instructions for Worksheet RPIE-2016
Page 6
3.
Cell Site Income:
Units: Enter the number of cell towers or antennae anywhere on the property.
Income: $ Amount received for placing a cell tower or antenna anywhere on the property.
4.
Signage/Billboard Income:
Units: Enter the number of rented signs or billboards anywhere on the property.
Income: Dollar amount received for renting any signs or billboards anywhere on the property
PRoPERtY oPERAtING EXPENsEs
Use this section to report operating expenses for your property. Allowable expenses include those as-
sociated with providing services to tenants, property management and property administration. Enter
the total expenses for 2016.
1.
Utilities: Include total expenses for:
a.
Fuel: Total for fuel oil, gas or steam, including gas provided to tenants.
b.
Light and Power: Amount paid for electricity, including electricity provided to tenants. Do not
include electricity consumed by the owner or other filer(s) for personal or business
use.
c.
Water and Sewer: Amount paid or incurred for water and sewer frontage or usage.
2.
Other: Include total expenses for:
a.
Cleaning Contracts: Include contracts with cleaning-service companies or individual cleaners.
b.
Wages and Payroll: Include all wages, related payroll taxes and employee benefits for building
maintenance employees who work at the property. Do not include salaries of employees
who work in any off-site management office.
c.
Repairs and Maintenance: Amounts paid or incurred for contracts with maintenance compa-
nies. Include any amounts that were paid for routine repair services and for material or parts
used for repairs. Do not include reserves for replacements.
d.
Management and Administration: Amount paid or incurred for contracts with a management com-
pany. Include office expenses and legal/accounting services related to the operation of the property.
e.
Insurance (annual): Annual charges for fire, liability, and other insurance premiums paid to pro-
tect the real property. Pro-rate multi-year premiums to calculate an average annual expense.
f.
Advertising: Amount paid or incurred for advertising space available for rent.
g.
Interior Painting and Decorating: Cost of contract services and materials for interior painting
and interior decoration.
h.
Miscellaneous: The miscellaneous field should be reserved for petty cash, lease buy-out,
special assessments and sundry.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form Rpie-2016 - Real Property Income And Expense Worksheet And Instructions For Adult Care And Nursing Home Facilities
Financial
Form Rpie-2016 - Real Property Income And Expense Worksheet And Instructions For Theatres And Concert Halls
Financial
Form Rpie-2016 - Real Property Income And Expense Worksheet And Instructions For Self-storage Facilities
Financial
Related Categories
Parent category: Financial