Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.

Any business can be profitable if done correctly.Look at your own video.

You being a “partner” and then paying the “profit” to the builder makes no sense.

I've looked at the fastest growing areas in other states and while I think you can profit from real estate everywhere, perhaps with a different strategy, investing in the fastest growing areas in the state seems to me to give an edge or a push in the right direction.David KrulacBigger Pockets Podcast #82

Engage with property managers for insights on rents, expenses, or off-market opportunities, and request financial documents like rent rolls and profit/loss statements from sellers’ agents as part of due diligence.

Hi all. I bought our primary 4 bedroom residence in 2020 for $930k and it has increased in value to $1.43m (woo hoo!). Now that the value has increased $500k, any additional increase will be taxable income when I do s...

Recognizing red flags early are key to staying profitable.

Charlie - If you start an LLC as a single-member LLC the profits and losses will flow through your personal income tax return without filing a business tax return.

We utilize Buildium which seems to pretty organized and easy for our tenants pay their rent through. 

I currently own my home I live in (not paid off) and have one rental property that’s fully paid off thats profiting about 1k a month.