Tax stratagy help on flipping

[Nathan Hood]

What is my best way to not get crushed with taxes??  I was reading about deferring them with the Like-kind or section 1031 exchange. But that seems like its just avoiding the problem not solving it.  I also heard it can be as much as 35% plus 15.3% self-employment taxes.....  Sounds pretty gnarly. How do you go about this to make sure you don't get crunched??