Here's the deal:- SFH in a suburb of a major city with great fundamentals (job growth, population growth, multiple sectors).- Purchase: $250K (presumably funded by Class A & B shares).- Rehab: $80K (100% bank loan)- Sale: $460K ($130K profit)- Deal is owned by LLC (seems like a general fund LLC for various targets), not an LLC specifically for this deal. - Payout: Upon sale and paydown of bank debt, Class A shares get their principal, then Class B shares get their principal, then Class A gets their 20%. - The Sponsor isn't taking a management fee (I presume they are majority owners of Class B).I would be investing $50K into the Class A shares, due in 90 days.

While the area is still fairly heavily dependent on the auto industry (Chrysler, Delphi & GM are three major employers), there has been a lot of growth and development in the downtown area.

Hello Guys,If I invest $ 1 Million dollar in a real estate development project and the net profit for this project is 100% or 1 million dollar , how much tax should I expect to pay for this profit?

It's a built to suit and the developer has this tenant locked in.

Before you get to comfortable, make sure there is a good demand in that area for that development. 

My goals Be a trillionaire (not the first Jeff has that spot on lock)Develop and help as many impoverished villages overseas as I can Help end the homeless problem in America Build a whole city The ability to travel to anywhere at anytimeGive my children everything they deserve Have the amount of money to help anyone in needThese goals might sound ridiculous and stupid to you but I know I will achieve them and then they won't sound so dumb anymore. 

The population there has actually declined over the last 10 years, so I'm not sure the rental demand is that strong.

Long story short, I'm considering a career change that can use my current skills and also help me learn more about REI and/or RE development. 

I have an excel spreadsheet that my business partner and I have developed over the past few years. 

It's a 500M development