Answer
$x-2\sqrt{x+1}+2$
Work Step by Step
Using $(a+b)^2=a^2+2ab+b^2$ or the square of a binomial, the given expression, $ \left( \sqrt{x+1}-1 \right)^2 ,$ is equivalent to \begin{array}{l}\require{cancel} (\sqrt{x+1})^2+2(\sqrt{x+1})(-1)+(-1)^2
\\\\=
x+1-2\sqrt{x+1}+1
\\\\=
x-2\sqrt{x+1}+2
.\end{array}