I lost most of my deductions under this administration, and I'd factored my mortgage interest deduction into all of my calculations.

Then, when you do your taxes for the next 2 years, work with your CPA to hit that target when it comes to deductions, what you claim, etc.

was hoping someone might be able to shed light on, as deducting the mortgage interest from rentals is a big piece for me... as likely for most

For the commercial loans i have they have asked for tax returns etc, im a business owner and with all the deductions and other mortgages my debt to income is out of wack, however i have an excellent credit hx and the 20% down plus 6 months reserves.

My tax returns I don't think show income because all my income is Canada and gets deducted on my US tax returns so that I don't pay US taxes. 

Google and you’ll see what you can deduct.

1) unless you use the proceeds for the business/investment purpose, you cannot deduct. 2) yes.

either you deduct from rent on your books or put it in as an expense.Just my two cents.

The $500-$1K consult price tag is tax deductible and well worth the education.

That way there's no official mortgage, you retain ownership and tax deductions until they exercise, and it's not a foreclosure if they can't pull it off, it's just a regular eviction still.