I have gained some knowledge starting out in wholesale for almost a year now and have been full time with no other occupation.

Using round numbers, let's say there would be $50k in capital gains taxes and the property was cash flowing $250/mo.

The best way to get over it is to gain confidence in the numbers, get confidence in the assumptions, and most importantly get proper expectations on what a buyable deal looks like. 

This is not an investment to do without an experienced partner.If you find a trustworthy, experienced partner, you should be sure to learn everything you can about each step of the project so you gain as much knowledge as you can yourself. 

When I saw it listed on the tax sale, I knew there was good gain potential.

Waco,TXThis week, I bought a property at a county tax sale with estimated cap gains of 100k if I resale the property now.

I would love to gain the communities thoughts~ Thanks in advance. 

I am willing to help out in anyway needed in order to gain more experience and knowledge about real estate investing, wether it may be flipping houses, wholesaling, or buying and holding rental properties.

All investments have some level of risk, but multi family real estate seems like a better place for consistent gains right now than stocks or other investments (and I already have lots of exposure to equities through my TSP/401k). 

It is NOT our primary home, nor could we plausibly make a case that it is, so long term capital gains taxes would apply if we were to sell it.