The instructions for Schedule RC-C define owner occupied non-farm, non-resident loans as loans for which the primary source of repayment of the loan is the cash flow from the ongoing operations and activities conducted by the party that owns the property (or an affiliate).
I would say that the company that operates out of the facility would be classified as an affiliate with 25% ownership of the building by Jason, but really a question for your external accountants or your EIC.
_________________________
The opinions expressed here should not be construed to be those of my employer:
PPDocs.com