tax season; revenue vs expenses

[Loic Assobmo]

I have a question regarding taxation. For one of my properties, when I incorporate the losses (depreciation, insurance, tax, repairs) in comparison w/ my rental income, I get a net gain. I was under the impression that a net loss would allow me to deduct from my 9-5 salary from my profession. Is having a net positive revenue at the end of the year a common position for most investors to find themselves in? I have heard some say "If you're a real estate investor and you're paying taxes, you're not doing it right." What am I missing.

[Natalie Kolodij]

What you're missing is a tax professional. 

Some properties will always show income on paper but there's  a good chance you're missing something too.