You may want to show them this link so they stop giving incorrect information. 

This is incorrect. 

With the days on market of some of them, these are just most likely poorly managed, over priced, incorrect, or in a bad area.

According to the Austin MLS, Z&T had something like only 70% of the listings, and of those, almost 50% of them had incorrect pricing info. 

I'd be more than happy to help. incorrect it is NOT all about location location location (to a degree) .

If so, you're really reading it incorrectly.

The only difficulty they had was there was surplus funds once they sold and moved - which then needed to be put somewhere - so ultimately they did invest.There are a lot of financial illiterates who argue that the economic results of Buy and Hold are better than taking quick profits - which is completely incorrect, as you no doubt appreciate.When it comes to making money Passive Income is a mere trickle compared to aggressive deal doing!

Some people have given you incorrect advice - some don't even know their own local laws, let alone your cities.

I went in front of the board with several different arguments showing the assessment was incorrect.  

Am I calculating something incorrectly or is this just one of those deals that flows cash well but tax advantages aren't great?