My next question would be-Is the money I make from a wholesale deal taxable and if so how would I report it on my taxes if I do not have a tax ID?

Look at your projected income, expenses, etc. and estimate what your taxable income would be.  

But if you want to reduce your taxable income on the Self-Storage Facility, then pay your management company somewhere around 7-8%. 

This will not create a taxable event.  

If I buy house for cash and then refinance, can I deduct interest from my taxable income?

And our taxable deduction was very easy to ascertain since I took them all back Deed in Lui or a straight out foreclosure we just wrote off the Debt amount and accrued interest..

He has enough cashflow in his business, but too many deductions which brings his taxable income to a very low number.He has quite a bit of cash reserves, and the credit score in 750+ range with no adverse events on his history.Can anyone recommend a lender for his case?

As @Linda Weygant said, the fed return is due 03-15, showing any pass through taxable income to your personal return.

@David Shapiro, It's not a taxable event because you are simply borrowing money secured by your property. 

You actually put yourself into a possible taxable situation if you turn your residence into a rental property.