Best tax plan for accidental Flips

[Vincent Chen]

Hey, everyone

Would like to start flipping this year, since this is my first year flipping, I do not expect to do a lot, might be only 1~3 flips.

In that case, I think tax plan for flip should be different as the business (1~5 each month, 60~100 per year). If it went well for this year, I will speed up next year, that will be entire different tax plan for that.

I just would like to know, in this kind of cases, what is the suitable tax plan for my flip trials?

Thanks