What amount of depreciation recapture do you anticipate paying at ordinary rates?

They can be  classified as ordinary income/loss or capital gain. 

Don't miss this opportunity to make this exquisite remodeled home with a fabulous rooftop deck and private patio your own slice of paradise.

Don't miss this opportunity to make this exquisite remodeled home with a fabulous rooftop deck and private patio your own slice of paradise.

You will pay taxes on the profit at ordinary income tax rates. 

So, it will be taxed as ordinary income. 

Yes, rental income is taxed as ordinary income.

As such, the profits are taxes are ordinary income subject to self-employment tax. 

@James Robert if you are flipping, even if you hold the property for 1yr, the profit is still taxed as ordinary income. 

Generally speaking, sales of assets such as equipment, buildings, vehicles and furniture will be taxed at ordinary income tax rates, while intangible assets such as goodwill or intellectual property will be taxed at capital gains rates.