The labeling on your car has absolutely nothing to do with its insurance classification.

Steve,Losing out on a rental to change the zozning classification would be a very tough sell and hard to prove to make fiscal sense to me.

A commercial building may not be exchanged for an airplane, a single-family rental for a licensed timeshare, or raw land for heavy construction equipment.Personal property is evaluated based upon its nature and character, its General Asset Class, and NAICS classification.

Yo - don't listen to @Brandon Turner; that's a "Rule" you can take to the bank (Brandon likes his rules...heheh:)$1,300/month of rent should not cost any more than about $80k for A Class if your plan is to make money - that would be tops.

I am not aware of these classifications and what it means.  

I'm looking for someone that is very knowledgeable about the real estate professional tax classification which I need to qualify for this year.

this is important to make  the lender you use  be aware of  as  this will make a difference  of being classifed as a rate/ term refinance or as a cash out  refinance .....also -  are you OK with the  HELOC  being paid off and  also closed?

He'll have an assistant assigned to bid for you and stop whereever your competition stops, so you might or might not pay the full amount that you authorized.Each county is different and each auction house is different, and the rules for each classification of auction might be different.

The overall series LLC will file for whatever tax classification it is registered under.

You may find that there are different requirements and fire codes based on the classification of the property for its use.