house flipping - Posted by william deyo

Posted by william deyo on March 31, 2001 at 18:03:36:

okay that sounds right. but what all closing and title searches and associated costs

house flipping - Posted by william deyo

Posted by william deyo on March 25, 2001 at 06:24:37:

dear sirs; In reference to the program i saw on one of your sites; house flipping it sound very interesting. the stumbling block comes to mind. i know this is from a amatuer speaking so it might sound common to you. dont you need a real state lic. to sell houses. also this income when you sell theres taxes involved.

Re: house flipping - Posted by JohnBoy

Posted by JohnBoy on March 25, 2001 at 13:15:18:

When you are the “principle” you don’t need a license. You only need a license if you were selling for someone else other than yourself.

Yes, you will have to pay taxes on money earned.