This is the piece savvy investors know how to do to unlock outsized profits..Thanks Greg.

My understanding is profit from lending is considered "taxable income" and is therefore added to your income and subject to your normal tax rate after all deductions, etc.

Not all but a vast majority based on my doing deals in PA NJ WV OH SC etc etc. 

Quote from @Matthew Paul: Isnt there going to be a major problem with mudslides once they get rain  .

To get things done as quick as possible , charging by the hour cost the contractor money , charging by the push/inch  is the most profitable way to do snow . 

Personally If you like your current residence and hope to stay there long term I would forgo major improvements on my primary and use all investment savings to make you more money and cash flow. 

The real estate market has shifted dramatically in recent years rising interest rates, evolving buyer and seller expectations, and fluctuating property values are keeping all of us on our toes. For fix-and-flip pros, ...

Offer aid and housing options if you're able -- don't try to profit. 

So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.  

I do this at least quarterly for some of my clients and they like being able to see the profit and loss reports.