No legal or tax advice
Nothing on this site is legal or tax advice. No professional relationship is created by using the site or submitting an inquiry. Consult your own New York attorney and tax adviser.
No tax representation
Whether a property qualifies for any exemption is determined by the relevant authorities under the law and the property’s specific facts. When NYC approves a qualifying property as exempt for a tax year, the non-primary-residence surcharge does not apply for that year. Twelvemonth does not determine eligibility or promise that approval will be granted.
Current bill versus next status date
The surcharge billed on 1 January 2027 generally turns on facts existing on 5 January 2026. A new tenancy cannot retroactively change those facts. Five January 2027 is the next annual planning date identified in the current rules. Each owner must confirm the applicable tax year and deadline with independent advisers.
Published pricing and one-year term
Owner access is priced at $2,500 for property below $7.5 million, $5,000 from $7.5 million to below $15 million, and $10,000 at $15 million or more. Each fee covers twelve months. Owners may instead sign a twelve-payment contract totaling approximately 110% of the annual fee, subject to cent rounding disclosed at checkout. The vetted member profile is priced at $500 for twelve months; basic listing requests are free.
Fees are non-refundable except where applicable law requires otherwise. Applications are free; approved applicants receive a private Stripe Checkout invitation. The operating model and fee structure remain subject to continuing New York counsel and licensing review.
Platform role
Twelvemonth does not set or recommend rent, negotiate, draft or review leases, recommend clauses, collect rent or deposits, hold escrow, inspect property, or act for an owner or resident. Calling a service “not a broker” does not override licensing law; no regulated activity will be offered unless properly authorised.
Vetted member verification is limited
A vetted member profile is a review of specified identity, credit, rental-history, income, reference, recommendation, and review information, plus a legal background check only when permitted. It is not an endorsement, warranty, or prediction. Consumer reports require written authorisation and applicable notices. Any criminal-history portion must occur after a conditional housing offer and follow the NYC Fair Chance Housing process.
Owner verification is limited
Before activation, Twelvemonth reviews evidence of an owner’s identity, ownership or control, and authority to lease. Residents must still independently verify the owner, property, building rules, condition, and every requested payment before entering an agreement.
No outcome is promised
Payment or platform use does not guarantee a home, resident, introduction, response, agreement, rent, deal, move-in, building approval, tax treatment, exemption, or savings. Owners and residents make every decision independently and contract at their own risk. Review the Platform Terms for the full role disclosure, release, and liability limitations.