Therefore, unless you combined all rentals into one activity, they expected you to pass this ridiculous threshold per property, and even the Tax Court made erroneous decisions against the taxpayers using this flawed argument.While they finally figured it out by now, and the Court has started applying the law correctly, many IRS auditors and even IRS attorneys are still under the old 750 hrs per activity thinking.

Many people erroneously post in the Renter's Discussion forum.

Sorry if this seems bold,  but from previous experience I need to err on the side of caution. 

Yeah, I'm always torn when it comes to iPhone video... and I usually err on the side of making those clips smaller, over having it be large and (distractingly) poor quality, comparatively.

If you can prove they used erroneous comps, they sort of how no option but to go back to square one.Ultimately though the best goal to have is to put yourself in a position where you're not encountering bad appraisals.

I think it's best to err on that side for now.

I erroneously got sucked in to Fortunebuilders when we started over 10yrs ago and that was 30k but the REIA program costs even more. 

Remember that erroneous 1099's can cause recipients headaches, as I was the subject of a tax audit due to one.

Disclaimer:  Do all of your own research on this subject, and it is always better to err on the side of caution:I have been told by an electrician and an inspector that not all FedPac panels are dangerous, and that it was specifically the Stab-lLok panels. 

But the tenants might erroneously call it that because, to them, an eviction=landlord/PM tells them to leave.