the point i was making is you havent profited from anything until you buy, sell and pay all your taxes and charges and bank whats left
people who talk about making paper profits in RE havent experienced the discomfort of buying a block for 280k, watch blocks sell for 380k 1 year later and then only get offers of 200-250k during a falling market
its not a nice feeling and I experienced it. fortunately i cashed out at 345k only to discover that I will be paying tax on about 20k, once everyone else was paid for MY efforts and risk
