Those loans are better classified as commercial real estate loans or “portfolio lender loans,” – whereas the moniker of “DSCR loan” should be reserved for this specific non-QM securitizable loan product.Rest here: https://www.biggerpockets.com/...

People sell like-new furniture on facebook and other classifieds all the time.

Once you have 5+ doors the loan will be classified as a commercial loan with higher interest and shorter amortization rates. 

Start off with minimal furnishings purchased at garage sales or on facebook classifieds.

This net income/loss was distrubuted [sic] evenly among the partners and entered on box 2 of the K-1 which seems to match with my understanding what has been stated in the responses here." 

A realtor I spoke with had classified Hyde's Ferry Park or Harding Place as B- or C property.

Short term rentals are usually classified as less than 30 days.

This business model will classify my SFH as a boarding house (three or more persons) that requires a permit from the county. 

Cheers,Edwin DiazYou know you can be both  - LLC's can be classified as single membered / disregarded entity; single-membered / Corporation; multi-membered / Corp or multi-membered Partnership.

@Andy SabischNot the 1031 exchange route... usually if the property is sold a year from when acquired, seller is not classified a 'dealer' for income tax purposes.