I'm sure there are accounting 101 and 102 classes on line, that's all you need really and your accounting bill will be less due to your proper classifications of accounts, very easy to do.

I've seen some vacant lots that are listed"08-Multi-Family-Less Than 10 Units" as land code use in the MLS, for example, but when I look up the Classification/DOR code in the county records the same property is listed "00-Vacant Residential"... so if it's classification is "Vacant Residential" will it change to the "08-Multi Family-Less than 10 units" once it's built.

Not long ago there was a whole "thing" to try and define exactly what a STR is, in classification.

With my FICO score hovering around 680 (not great, but not bad either) they offered me about a 25% interest rate (G classification).

In the expense line, only expense the additional taxes that were not collected but had to be paid out of pocket from rental payouts.Question 2:I know about the 14 day rules for classification of rental property vs personal home vs split.

I think some of the properties I’ve been looking at may also be more along C or even B rated but I haven’t done to much research into the classification guide on this but I am gaining knowledge everyday!

There are also some different classifications of 'foreign investors' so I would clarify with whatever group you look at how they would distinguish that on their end as their interpretation guidelines might even differ from lender to lender.Good luck, happy to help where I can.

The best classification is a Bed and Breakfast.

Although he's close to what I would use, his maps are a bit inaccurate in both grading classifications and geographic locations.For example Rocky River zip code 44116 SFR sold in the last 30 days (15 homes) ranged from $235 -$1.075m the average of those $532K.

That's s a new legal, politically correct classification for compliance of past generation documentation.