However, in both associations, if they provided incorrect information that you relied on the purchase the unit, I believe the statute should protect you.As far as the title insurer's denial, title insurance acts retrospectively, that is from the Date of Policy back in time and from the information you provided, as of today your title is as insured and there is no defect or cloud on your title. 

There is so much incorrect and terrible advice on these forums, especially related to tax strategy. 

You made an incorrect assumption that I was being lazy and not reading or studying how to prepare for this venture. 

Incorrect, Pricing has doubled tripled or MUCH more over the last 10 years on top of the 25- 30% net cap per year, 

Curious if anyone else received this same email from VRBO today:"Subject: Vrbo property rate discrepancy error – action requiredDear Partner,We're reaching out to let you know that we recently discovered a technical error that may have caused your rates to be displayed incorrectly to travelers who booked your property between July 29 – August 9, 2024.Please review the property rate for the following reservations IDs:XX-XXXXXX, XX-XXXXXX, XX-XXXXXXIf you believe one of these reservations was impacted, we ask that you honor it and contact Vrbo Support within 30 days of receiving this email to file a claim for the potential difference between the booked rate and your actual rate.You can reach Vrbo Support 24/7 at https://help.vrbo.com/?

These come from many difference sources, which could be unreliable.Which of these seem incorrect to you?

Some years ago, the IRS compliance chief speaking at a CPA conference told us explicitly: we will impose preparer penalties if you guys take an incorrect position based on OUR incorrect publications, because you should know better. 

This still was not satisfactory and wouldn’t even accept my offer to escrow the incorrect tax amount.

They are incorrect and if you follow their advice, be sure to hit them up for the fee when the lender charges you.

Hi, Stephen - not sure if you ever pursued learning more about midterm rentals, but I'm noticing from the conversation thread that there's some incorrect or misinformed information in some of the comments.