Do you pay taxes on your Buy & Hold Property?

[Chris Heeren]

I'm curious to see how many people actually have enough deductions to not pay any income tax on their cashflow at the end of the year? If you own buy and hold properties, do you pay tax at the end of the year, or not? I've heard enough podcasts say that if you are investing correctly, you should NEVER pay taxes on your cashflow in real estate.

I'm so far away from seeing a zero balance that I'm starting to try and look into other strategies to help reduce my remaining taxable amount. What have others done if you do show a large gain?