Keep in mind the more you write off the less money you will show as you net.If you have (2) full years and depending on how the accountant files your taxes you will have a schedule C more than likely or another schedule that shows profit and loss.

@Alex Hymanson  you should read the book...Storing Up Profits. 

Private investors want to invest in deals they believe will be profitable.

And from there, the magic is in how you leverage, that's the profit center.

When you put that in terms of a percentage of your net profit - that is 40% of your net profit going to the PM.

All of the multifamily I have looked at in my area are not profitable due to prices being much higher than rent currently.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $90,000

Cash invested: $25,000

Bought a house this fall in Minot for $90k. Currently have it rented and plan to ho...

Like I see how it could work in a perfect world but i cant wrap my head around the idea that I could be making a profit if I still don't actually own the house and still have to pay down all of the loans.

He will share in our timber profits. 

I'm managing D class properties with a property manager and am making a profit.