Thank you for your response. This is a garden style "4-plex" so there are 4 apartments, each are 2bd, 1 bth. Each has its own HVAC system so there are a total of 4 HVAC systems. This was not replaced because it was more efficient, but the other unit was pushing 15 years old so I believe the new unit would be more efficient. With regard to my original question, if the property is owned by an LLC, does that make it a commercial property? Or, because it is an apartment (clearly residential) how the property is owned is irrelevant when determining if it is a residential or commercial property? Thank you.
