I never in past have to pay taxes,always got little return...

This may be easy enough for most states and their relatively simple tax regimes, but states like California, New York, Texas, Pennsylvania, and a few others have some quirks to them.For example, California makes disregarded single-member LLCs file a tax return, pay an LLC tax four months into the tax year, and potentially pay an LLC fee six months into the tax year based on estimated gross receipts.  

Thanks for your input Mike.My real estate returns have been much larger than my stock market returns. 

This means that your net profit from your LLC business gets reported on your personal tax return on a Schedule C.

Some will earn those returns.

If you ask any HNW individual they are never about multiplying returns - they are concerned with preservation of capital first and foremost. 

If you decide to do a value add or build you can expect a 6-10% cash on cash return on 30A with a 35-40% equity position in the value of the property.

If you find that you are buying and/or selling frequently you may find that it is useful to become licensed in order to access the MLS directly and to arrange viewings of properties more easily.

Which we fixed it by refilling another return with properties address in the columns.

For perspective, this home was valued at $40,000 when I bought it last month and I feel I can resell for $100,000 right now easily.