In CO they seem to reflect at least a little bit of reality as the sales price from the HUD-1 is recorded at the county office.An "indpendent appraisal" is conducted by a (generally state) licensed individual as is relied upon by buyers (sometimes) and lenders for determining their level of risk.

The burger flipper that got an MBA from Yale is not a reflection on the school, it on the one that is doing the burger flipping.

MILLIONS OF PEOPLE CHOOSE CERTAIN FIELDS AND WORK BECAUSE IT REFLECTS THEIR PASSIONS AND PURPOSE - NOT JUST THEIR "PURSE" OR POCKET!

Is there another, perhaps more accurate way of adjusting the 50% rule to reflect higher property taxes?

The relationship must reflect both ways in order to be of value to you in business.

Operating expenses include everything you spend to operate the business, but do not include the mortgage (principal and interest).The 50% rule simply reflects the fact that throughout the United States, operating expenses run 45% to 50% of the gross rents.

I've modified the topic to better reflect the questions being asked.

Some of it reflected reality, while much of it did not.

I am aware of $200K being retail but it does accurately reflect the tax amout I will pay and gets me close on the insurance.

This is considered the largest annual decline since the last recession of 2001 when banks started tightening credit.The Federal Reserve also conducted a survey in April this year of senior loan officers which reflected that 55% of American banks had tightened their lending requirements for commercial and industrial loans to small and mid-size businesses. 70% of those surveyed said they have made the loans more expensive.With the Federal Reserve trying to keep interest rates low so that money is available to jump start economic activity, the banks are not going along with the plan by holding on to their money.