Federal Income Tax %

[Scott Robinson]

What % should I be setting aside for Federal Taxes on a flip that takes 4-5 weeks?  This would be our first rehab and we may do one or two more this year.  Does that fall into the "investment" category with a lower tax rate or income/business at a higher rate?  Short term capital gains b/c it is completed in less than a year I believe, but want to be sure.

Thanks