The loan is probably going to be secured by the assets of the business, and would be deductible against the business income if used for legitimate business purposes.Pretty much any line of credit is going to involve looking at your personal credit rating, and probably some fees.

You can deduct back rent owed, legal, etc.

The higher tax bracket rate does not apply to all of your taxable ordinary income So, for instance, let's pretend my income was 25K and with deductions and exemptions the AGI comes to 17K.

Somehow banks have no issue with real estate commissions being deducted out of the sales proceeds.

Of the two dozen or so REOs we've purchased, I think there was just one (maybe two) where we were told we wouldn't get a commission on the purchase because we were buying for ourselves.If the $2000 is going to impact your numbers, just deduct it from your offer price and see what happens.

Not only do you wanto to inmediately take the $2,000 deduction but you want to throw something in there as a show of good faith, maybe a washer/dryer or the like.

There is a lot of similar commentary here:Would You Trade Your Real Estate Tax Deductions For a Simpler Tax CodeThe system is totally nonsensical and broken.

IOW, self-help is restricted to rather small jobs that can be deducted from one month's rent without withholding the entire amount.The landlord is nonchalant about it all and says it's only an investment propertySounds like a real jerk to me.

What instrument could we use to get my lease optioner client into a position where he could benefit from tax deductions?

No receipts for tax deductions, nothing.