<p>Ok, so my parents own a restaurant. And up until the middle of 2009 it was a business, but we have since closed it and are trying to sell it. But you know due to the economic climate, and its not exactly in a great position (terrible neighborhood), it has been a bit difficult to sell off. Just to clear things up this isn't a large scaled restaurant or anything. It was a family business and quite small for that matter.</p>
<p>So the question is does this now count as an asset? I feel like if I list it as an asset Financial Aid people looking at it will think we are rich with two houses or something like that (I know just bc you have two houses that does not mean you are rich but that is not the point). We definitely are not rich and according to some probably would be considered low income. On the other hand this has to be listed somewhere right?</p>