Your interpretation of the facts is wrong, for starters and you've offered no evidence to support your claim.If your cash value is growing at 5% and you can borrow against it at 5%, you are borrowing at 5%, not 0%.If you can take that 5% money and use it to earn 10%, you are creating a 5% arbitrage on the outside of the policy.

This deduction is available to businesses and, as of now, it is a common interpretation of the law that landlords - even those that only have one property - qualify for this deduction. 

Maybe I am not interpreting the rule correctly. 

I give specifics on what to ask for with their application and how to interpret what you receive in the blog post.https://www.virginiabeachprope...

I'd give your attorney a call to go over the contract with you and interpret whose responsibility it is, and how to proceed.

Thanks again for both your deft interpretation of my rambling and your insight into my tax question.Cheers!!

No need to speak past that and say something that could be interpreted for something it isn't...

Honestly SBA can interpret the rules as it sees fit, just like IRS.  

If you've had a chance to look at the contract already, I wanted to get your opinions on how you interpret these terms and how you feel about them.

Sure you can interpret the BPO and make adjustments to the information to more accurately reflect the state of the subject property.