Assessor Online Forms

ANNUAL SURVEY OF INCOME AND EXPENSE (ASIE-2008)

The Nassau County Board of Assessors is conducting its Annual Survey of Income and Expense (ASIE)
for all income-producing property located within the county.

All Class 1 properties (1, 2, 3 family homes) are NOT required to file an ASIE.

WHAT IS THE ASIE?

The Annual Survey of Income and Expense forms are used by owners or operators of rent producing property to report income received from the operation of the real estate and the expenses incurred to earn that income.

NEW THIS YEAR

Penalties for failure to file ASIE will be imposed. Kindly note that filing the Annual Survey of Income and Expense (ASIE) is mandatory as required under section 6-30(e) of the Nassau County Administrative Code.

Failure to file will result in your liability for a civil penalty of five hundred dollars ($500). To avoid the monetary penalty for non-compliance, please return your completed, signed forms postmarked no later than May 1, 2009.

CO-OPS - All Cooperative Apartment buildings must submit the most recent copy or their Schedule "A" (ALLOCATION OF SHARES) with the ASIE GENERAL form.

WHY SHOULD YOU FILE?

The filing of the Annual Survey of Income and Expense (ASIE) with the Department of Assessment is mandatory. File the ASIE to avoid monetary penalties. Furthermore, filing the ASIE affords owners and operators the unique opportunity to participate in the assessment process thereby fostering fairer and more accurate property values.

If your property can be described in one or more of the categories below, file only the:

ASIE-2008 GENERAL

Owner - Occupied properties that are 100% physically occupied by the owner, or owner-related entity or persons. This occupancy can include those related by blood or marriage and business entities under common control.

Properties that are residential cooperatives or condominiums with no commercial component. All co-ops must submit the most recent copy of their Schedule "A" (Allocation of Shares) with their filing

Properties that were under construction and not leased in 2008

Properties that where purchased in 2008 or 2009.

If your property can be described in one or more of the categories below, file the:

ASIE-2008 GENERAL
and
ASIE-2008 INCOME AND EXPENSE

Multiple use buildings (6 and under) with dwelling(s) attached or apartment(s) above. This status applies to mixed use properties with no more than 2 commercial units.
Converted residence - where the use is primarily non-residential.
All Commercial or Residential rent-producing properties with 4 or less tenants..

If your property can be described in one or more of the categories below, file the:

ASIE-2008 GENERAL
and
ASIE-2008 INCOME AND EXPENSE

and/or
ASIE-2008 RESIDENTIAL TENANT INVENTORY

ASIE-2008 COMMERCIAL TENANT INVENTORY

WHICH PROPERTIES FILE ASIE?

Any commercial or residential property that is income-producing is subject to ASIE filing requirements.

HOW IS THIS INFORMATION USED BY THE DEPARTMENT OF ASSESSMENT?

The purpose of the survey is to gather data for statistical analysis that will help establish the full market value of all income-generating properties. The data collected will be used to analyze changes and trends in the levels of income and expense of income-producing properties, countywide. The information provided will aid in the development of departmental schedules and guidelines that will result in fairer and more equitable assessed values for all income-producing properties.

FORMS AND ASSISTANCE

INTERNET - You can download forms by clicking any of the links.
PHONE - If you have questions regarding ASIE filing requirements, contact the department at: (516) 571-1500 Monday through Friday, between the hours of 9:00 am and 4:45 pm.
EMAIL - Click on the following link to ask your ASIE question by email: ASIE@nassaucountyny.gov

TO DOWNLOAD ASIE FORMS AND INFORMATION CLICK ONE OR MORE OF THE LINKS BELOW:

ASIE-2008 INSTRUCTIONS

ASIE-2008 BROCHURE

ASIE-2008 GENERAL

ASIE-2008 INCOME AND EXPENSE

ASIE-2008 RESIDENTIAL TENANT INVENTORY

ASIE-2008 COMMERCIAL TENANT INVENTORY

TO DOWNLOAD ASIE FORMS AND INFORMATION CLICK ONE OR MORE OF THE LINKS BELOW TO FILE FOR SPECIALITY PROPERTIES

ASIE-2008 ASSISTED LIVING

ASIE-2008 GAS STATIONS

ASIE-2008 MARINAS

ASIE-2008 SHOPPING CENTERS