The rate is akin to that of a primary residence, meaning 1% or so lower than Conventional for an investment classification. 

We did originally submit the plans with both additional units as two ADUs and we were counting on that classification for the benefit of not having to provide parking. 

In my previous post, I talked about the different property classifications to help separate real property from personal property.

I was looking all over the City website and County Property Tax sites the other day and could only figure out that it was R2 but not the actual classification of the house.

This is the fundamental problem I have with Wall Street who takes too much fees off the hard-working efforts of the middle class. If

Your note is already made with a personal guarantee, transfer isn't the issue, it's an exposure of a commercial entity that wasn't underwritten to begin with, allowing your loans to be exposed to contingent liabilities that were not underwritten is a poor management practice, outside of prudent lending.The DOS has little to do with interest rates, that was a concern at one time, initially as people were assuming low interest loans without consent and an exposure to interest rate risks, however, our lending environment is nowhere the volatility with such risk exposures, it is more to do with loan classifications, security agreements, securitization, servicing and underwriting matters that were never addressed.

I leverage my Life Insurance cash value in a couple of different ways with an LLC, and I have some questions about active vs. passive classification on the deals I'm doing.I take a policy loan personally, and then I lend the cash to my LLC.The LLC holds a real estate syndication which pays monthly interest only payments and provides a K1 with passive losses on the books.I am doing private lending from this LLC as well, and I have about 12 deals going through a broker where we (as a group) are the 1st lien position on a property, and we receive monthly interest only payments as cashflow.

I wasn't aware there was a new classification, is it for remodeling?

Huge change is depreciation write-offs and partnership classification as active or passive.

The Technical Directorate will conduct the technical and legal evaluation of the projects and is responsible for recommending to the Council the exemptions specific to each request it evaluates.A Classification, whether Provisional or Definitive, is nothing more than the approval by the Tourism Development Council (CONFOTUR) of a given tourism project, as capable of benefiting from the benefits and incentives of the Law.Likewise, with the approval of resolution 49-2014, a step is taken for tourism projects that may be included under Law 158-01 and its modifications, to offer health services, and that can generate important tourist flows, under medical tourism marketing channels, not common to vacation tourism.In short, all exemptions granted by CONFOTUR are established in Law 158-01 and its modifications.