aprox how much will i have to pay in taxesIf i buy a home for 35,000 and sell it for 50,000-55,000 aprox how much will i have to pay in taxes and when will i have to pay im new to the whole buying and flipping homes ,,,also how long before i can sell it ????Thanks in advance.August 11 2011 - San Antonio00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.