They involve broader changes, such as updating the base year for price indexes, incorporating new economic census data, revising methodologies (ie, their guess), or even reclassifying industries to align with international standards like the North American Industry Classification System (NAICS).

@Bruce Woodruff While it may seem like a simple concept, it's actually a very complex process that requires significant documentation as well as specific methodologies.

Also, what’s your methodology for considering the price competitive?

(the IRS standard for STR is 39 years)When my client asked for more details on why they used the above methodology, the firm said, "We're not concerned about audit risk", and they had reviewed public records and felt the report was correct.When I asked them if they’d be reimbursing my client for loss of tax benefits and penalties in the event the cost seg report failed an audit, they very quickly revised the report with county assessment for land value (instead of 20/80), and didn't answer the question on why they selected 27.5 years for a STR or the reasoning behind choosing the Rule of Thumb method.I would be very cautious in using self-service and virtual reports.

In the one-hour YouTube videos, Santarelli reveals the secrets to his revenue-generating methodology.

Case in point, here is a headline from Bloomberg, quoting this month’s census housing data on multifamily construction starts:And here is Jay, who tracks this data closely and I often reference in this newsletter, absolutely eviscerates it:“Today's Census release on multifamily housing starts makes it clear: It's time to revisit methodologies.

Just like any business, it's all about methodology vs chance and randomness.

Management asserts that the allocation methodology is reasonable and reflects management’s estimate of what the expenses would have been on a stand-alone basis.American Homeowner Preservation, LLC, a company affiliated with management, is a co-obligor on the Company’s accounts payable of $220,500 as of June 30, 2017.

Scott,  @Steve Vaughan is  one of my all time hero's on BP and someone I think gives the absolute best advice on a realistic methodology for attaining this mystic financial freedom from RE .

This doe t mean that the poster is someone in cohorts or a “supporter” of the person, business or methodology you claim defrauded you.Based on my posts in the other thread on the same topic, I have been receiving emails providing additional information purported to show proof of fraud, though I have NO WAY of verifying it.