I've been looking into my closing costs (~$20K) and taxes on capital gains and depreciation recapture.

They aren't investment property, but treated as inventory for tax purposes. 

Looking for a tax professional to do my taxes this year.

Does anyone know if we do this in a business real estate development deal iF the interest on our lines would be deductible? If not does anyone have suggestions for an investment vehicle where they would be? We have an...

As with most investors I am looking for vacant land that is currently owned by distressed owners that have pending tax obligations.

The two apartments are one-bedrooms each, but cover the mortgage, taxes and insurance.

But licensing,zoning,insuring, owning and operating one are a different story.This is what my initial plan is (This is all in theory) To enter a new buyer program to purchase our first home using both of our tax return dollars.

I have extensive experience with the following asset classes: SFH, duplexes, multi-family, mobile home communities, land, tax sales, & STR's.  

Would I still be allowed to deduct interests from my personal tax returns?

It has something to do with self-employment taxes and paying less in taxes.