If working with instant yeast, you can whisk together all of the dry ingredients in a large mixing bowl or stand mixer fitted with a dough hook attachment (easiest). If using dry active yeast, see the recipe notes.2
Add the water and oil to the bowl (make sure your water is between 105° and 115°F) and beat on medium speed for 5 to 6 minutes, the dough should form and pulls away from the edges of the bowl about halfway through the process, but continue to beat the dough for the full time period to build the gluten.
Transfer the dough to a large metal or glass bowl (I use the 5qt bowl from this set) that has been lightly greased either with cooking spray or oil. Cover with a clean damp dishcloth and place it in a warm area to proof for 1 hour. If not using a proofing method that requires the oven (see notes)3 you can also use plastic wrap to cover the bowl, but be sure to spray the underside with non-stick spray so the dough doesn't stick to it. The dough should double in size.
Once the dough has risen, quickly punch it down in the center to release any excess air.
Then transfer it to a clean and lightly floured surface and divide the dough in half. Then knead the to halves of dough for 30 to 45 seconds and shape into loaves. Use flour as needed to make sure the dough doesn’t stick to the surface but don’t add more than you have to. I like to pinch the edges into the middle and flip them onto the bottom of the pan so you have a nice tight and rounded top. You can also roll your dough out with a floured rolling pin into a rectangular shape and then tightly roll it up into a loaf shape (similar to what you might do with cinnamon rolls, but without the cinnamon).
Place it in a greased 9x5-inch loaf pan4 and repeat with the other half of the dough.
Allow the loaves to proof from an additional 40 to 60 minutes. The dough should rise about 1-inch above the edge of the pan when it's done.
Bake at 350°F for about 35 minutes. To be precise, your bread is done when the internal temperature is between 190° and 200° F. I think it is pretty easy to tell when it's done by eyeballing it because the top will be a nice golden brown and when you tap on the top it will be hard and sound hollow.
Once the loaves are done baking, remove them from the oven and immediately turn them out onto a wire rack. If you leave the loaves in the pan they will get soggy.
Allow the bread to cool fully before slicing.