How to Make Out Most of Selling My Property After Taxes?

Question from Paul of Mountainview, California: I have finally finished fixing my investment home, I want to know how can I make the most of selling my property after taxes? It's tax time and just like Paul, most real estate investor are busy getting those tax returns filed on time. At the same time some are still concerned about their situations especially if they just sold a property and if it's the right decision.

Please consult your tax advisor for your personal financial situation.