I am a retired carpenter contractor.
do not cut the nailing flange off.
You said you have the tape, now is the time to use it.
start at the bottom. put a piece of tape over the nailing fin tucked up into the channel. and extended beyond the window about 4 inches ib both sides.
next, do both sides , overlapping the bottom piece to the bottom edge of the tape and extended past the top about 4 inches.
last to the top piece the same as the bottom piece.
now you can get some common boards that will fit into the channel.
they should be wide enough to cover the tape.
start at the top and run the piece beyond the window equal to the side pieces that will be butted up to it.
now do the two side pieces and run them below the window to the bottom of the bottom piece.
cut the bottom piece to fit between the two side pieces and paint your new frame..
I hope this helps.. I could have done it faster than it took me to type this..
as a tip: when you butt the pieces into each other, spread some caulk on the joint first..
this not only helps seal out water, but it makes the joint nice and tight looking..
do not cut the nailing flange off.
You said you have the tape, now is the time to use it.
start at the bottom. put a piece of tape over the nailing fin tucked up into the channel. and extended beyond the window about 4 inches ib both sides.
next, do both sides , overlapping the bottom piece to the bottom edge of the tape and extended past the top about 4 inches.
last to the top piece the same as the bottom piece.
now you can get some common boards that will fit into the channel.
they should be wide enough to cover the tape.
start at the top and run the piece beyond the window equal to the side pieces that will be butted up to it.
now do the two side pieces and run them below the window to the bottom of the bottom piece.
cut the bottom piece to fit between the two side pieces and paint your new frame..
I hope this helps.. I could have done it faster than it took me to type this..
as a tip: when you butt the pieces into each other, spread some caulk on the joint first..
this not only helps seal out water, but it makes the joint nice and tight looking..