The tax paid from your lending proceeds should be the equivalent of your tax rate I would think.

I'm wondering if some one can help with an explanation about why a Hotel has many rooms with tax lien on auction? 

Quote from @Joshua Tucker: What specific tax benefits can high net worth individuals receive from building real estate on tribal land?

.: Most Hard money likely will not be interested due to owner occupancy (OO).  

Adding the ex to the title could trigger gift tax implications, so keeping it simple is best.

if it is unsecured loan that is the consequence, you lose they entire thing. as far as tax write off, sorry but none.

The only taxes I remit directly now are the tiny town tax they implemented of 1%.I just take my net income spreadsheet and calculate the 1% and give them a check.

Taxes and requirements should be much lower for a LTR

NJ has the highest taxes per capita in the country so high taxes are expected especially in Northern NJ.

Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.