Do I have to worry about the taxes?

[Pablo Garcia]

So tomorrow I might go to see a house, I haven't bought a house yet I'm just starting out. It's a 3bed 2bath, 2096 sqft, single family hi ranch for $169,500 on long Island. Anyway my question is, if my goal is to flip this property do I have to worry about the taxes? (The taxes are $11k/yr) are taxes paid at closing or through out the year? Any other advice is welcome (first house I'm going to look at)