I guess this is probably the exact tactic that the states are relying on by doing this sort of thing.  

I recommend figuring out all of that information before relying on the calculator solely.  

The problem I am facing is that I do not want to rely on him for pretty much anything other than capital.  

In total, there are 16 units of townhouses.Because it is a small organization, 3 board members seem not to make any decisions and they totally rely on the property management company.

I also agree with you both that it would be incorrect to rely on those lower property tax numbers and that I should at least use the purchase price but that wasn't as much of the argument it was more the reason I gave. 

I do not live in the city where I invest, so I sometimes have to rely on my realtor to view the home and take pictures for me.

Answers cannot be relied upon for any specific transaction or situation because every matter is unique. 

That is not a quote, but the basic meaning, anything, anything at all given to or spoken, or ommited that if known and should prudently be given, that a lender relies on or may rely on, to conduct business is included.

If I may offer another thought, the old pros and my almost 50 years of experience have taught me that if a “deal” relies upon tax benefits or structuring for the best tax savings for it to be considered a good “deal”, then it is not a “deal” at all.

Because consumers generally take out only a few home loans over the course of their lives, they often rely heavily on loan officers and brokers to guide them.