Reasonable cause. Facts and circumstances of your individual situation.
Knock knock knock, we have reasonable cause to beleive that you have been inflating values for loans, but devaluing the same properties when paying taxes...we want your returns. So, now what?
I have an idea, you go and do that. Do you own any property, do you pay taxes? When was the last time your property had an appraisal? I dont know about you, but appraisers are the devil. They appraise what ever you it to appraise for, just be the one that hires them.
You have a good evening.