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Are coop owners eligible for the NYC Enhanced real property tax credit?

I own a coop in a multi unit building. Am I eligible to take the NYC Enhanced Real Property Tax credit?

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1 Reply
KatrinaB
Intuit Alumni

Are coop owners eligible for the NYC Enhanced real property tax credit?

Yes, each residence within a multiple unit dwelling may qualify. A condominium, a cooperative, or a rental unit within a single dwelling is also a residence. Please view the New York link below for more information.

https://www.tax.ny.gov/pdf/current_forms/it/nyc208i.pdf

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