Colorado Law

I’m interested in finding as much info as I can on the laws concerning property management. I know some of these questions are basic but I would appreciate all the help I can.

One question I have is what is the penalty for purchasing a house and turning around and selling it? I have heard of cap gains but am not sure what the exact percentage is or the length of time I would have to keep the property.

Any help would be appreciated.

Here is the link for all the real estate contracts you need in Colorado!! And some laws

http://www.dora.state.co.us/real-estate/

Here is the link for Capital Gains accross the United States!!

www.irs.gov

Here is the link to a picture of a cat do not know why you would need it but hey here it is anyway!!!

www.cutecats.com

thanks reoconsultants you’ve been a great help…Ill look into the sites and probably have some more questions.