How to I avoid paying so much on taxes on my first flip

[Stacey Vilardi]

I have finally gotten my first property under contract and should close the end of the month or by mid Oct. It will take me less then a month, I hope and pray to rehab. The question I have is how to avoid paying the big chunk to Uncle Sam. Is 1031 exchanges even done if I only have the ownership for a short time? I know that I want to start the BRRR method but I was thinking maybe 1 or 2 more flips before I do. Thanks in advance for any advise.