Until i ran into it all, faced it, worked through it and got good at turning problems into profits. 

Ownership and profit-sharing can be split based on contributions, with you possibly earning equity through sweat equity.

Well it looks like non-profits are exempt....So I suppose Dope Traffickers will just buy an ongoing concern non profit and operate that with ownership as an IBC (International Business Corporation) in some privacy haven, or Russia, or Yemin or somewhere (if those places have privacy laws???)

I’m reaching out to you, the seasoned investors, for guidance as I work toward making my first acquisition.So far, I’ve analyzed over 100 deals to assess their viability and profitability, and I understand the law of percentages in CRE.

That's not a profit producing activity for a Broker / Property Manager as 99% are tire kickers and the ones who will buy will buy without going on a date with you. 

If you are very conservative purchase a fixer upper so you can force equity and hopefully have a low enough payment so that you can LTR the property or even sell for profit should the STR avenue not work. 

If you build your investor network while working on wholesaling skills, when you find a real deal you can sell it for a profit.

I haven’t made any profit yet and I’m wondering if I should still file taxes for my “business “. 

I believe many believe they can assemble a team of realtor, contractor, property manager and lender and become profitable.

Are they profitable?