Is a Single Family 1031 Exchange Worth It?

[Jason Collins]

I have a few single family rental properties.

At some point I was hoping to move some or all of them into apartment complexes via a 1031 exchange.

My question is, at what point is it not worth it to bother with setting up a 1031 exchange?

My accountant seemed to think that for a single family property, by the time you spent the legal fees to set up the exchange as well as paying for a qualified intermediary, it would just be easier to pay the capital gains taxes....