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NEW YORK MARATHON CANOE RACING ASSOCIATION The Racing Paddler The June Membership Edition A Quarterly Newsletter Canton Canoe Weekend Chuck throws the paddling world a party! Thanks, Chuck! Page 2
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NYMCRA stands for New York City Mortgage Recording Tax Return Affidavit.
Any individual or entity who is involved in a real estate transaction in New York City that is subject to mortgage recording tax is required to file NYMCRA.
NYMCRA can be filled out online through the Department of Finance website or submitted in paper form by mail.
The purpose of NYMCRA is to report and pay the mortgage recording tax on real estate transactions in New York City.
The information that must be reported on NYMCRA includes details of the real estate transaction, the amount of mortgage recording tax due, and any applicable exemptions.
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