1031 alternative or how to avoid/delay tax on profits

[Michael Plante]

I will be selling a few rental properties in 2021 

Appreciation has been kind to me

looking at approx $750,000 in profits 

besides 1031 any way to reinvest and delay paying the income tax on these sales?

[Dave Foster]

@Michael Plante, Stagger your sales.  Sell the ones with the least gain and depreciation and highest cash equity.  Don't 1031 those - pay the tax.  The ones that are high gain/low cash equity you 1031.  Use the cash from the taxed sales to pay down your debt on the 1031d properties so you can recession proof those properties with a lower debt load.

There's no easy answer.  But spreading out the tax by selective 1031s might give you the runway to do what you want.

And at the end of the day always remember - you never pay tax unless there's profit!