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Flipping Real Estate in Seattle
"In December, Paul Galasso quit his Costco management job to join his wife, Evelyn, as a full-time real-estate investor.
The leap from salaried manager at a $48 billion public company to residential real-estate entrepreneur wasn't impulsive, Galasso said. The couple made more than $100,000 from five Eastside deals they completed during 2004."
Flipping by Jane Hodges from The Seattle Times, 5/3/05
Real Estate Flipping from ABC News
Tax Consequences of Flipping from BankOne