My commercial property...

[Barbara Long]

has 3 apartments and a store front on the bottom. I purchased this property over 3 years ago using some cash to change the office space into a apartment. We'll things got tacky and didn't realize the town had real jerks in authority! Giving me a hard time on everything. (MY first commercial property!) "what a learning experience! "YOY! ((School of hard NOX))

So I was told by another investor that now because it was sitting so long that it would no longer be considered "commercial" after one year? How can that be true..? I thought any property with 2 or more apartments was considered commercial (apartments occupied always) your thoughts...(hope not!) my value just went DOWN hill fast!