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Hi Fleg,

So my question is, is rental property considered to be commercial real estate?
Yes, no, and horse shoes...

There is a distinction made in the regulatory lending world (but not the taxation world) between residential and commercial. The defining characteristics are whether
a) there are 4 or less (5 or more) units on a single tax-parcel,
b) it has utilities for residence (bathroom, kitchen, 2 modes of ingress/egress to each bedroom.)
c) Special note; if its mobile, rolls, flies or floats it can *still* be residential, rather than commercial.

"Commercial" (in the lending world) is everything that is not definied by the above. Whether it is rented out, or owner occupied doesn't affect the distinctions.

In the taxation world its much simpler;
x) Owner occupied, and residential per above; Residential
y) Owner occupied, and NOT residential per above; Commercial
z) Tennant occupied/Rental (regardless above); Commercial

Will any of that mean *anything* to the predatory mooches? Who can say?

They'll probably try to find a way to punish the maximum number, regardless.
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