Fitzsimmons first claim is "Clearly Erroneous as a matter of WA law.  

There is a lot of what I consider simple erroneous thinking in the real estate world among home owners, investors and renters. 

Some persons have erroneously posted 40 year is now okay in May.

The closing agent, went by documentation erroneously and assumed it was to my LLC and completed the docs before she had the purchase agreement in hand.

The only time you would really report rental income on schedule C is when you operate as a hotel (short turnover, providing maid services, cooking meals).If you do erroneously report rental income on schedule C, you will subject that income to self employment tax.

Numerous studies have shown people either err on the side of greed or on the side of fear, depending on their internal psyche and on the recent economic performance.  

Hi All:
My cousin was supposed to close on a  conventional refinance in a few days. The lender is claiming that he had a foreclosure where he co-owned a property with someone and was on the title deed. Since the fore...

That statement is certainly erroneous in my state, and I’m willing to bet that it is also erroneous in every state of the U.S."

If in your paranoia want to keep the appraiser blind, guess what, they err on the side of caution, that means LOWER appraisal. 

Property management companies err on the downright unprofessional side.