Best Strategies for Knocking Down my tax bill?

[Tim Henderson]

All, I'm closing this week on a multifamily deal. We're doing a double close and the holding period is just 1 day so I don't think I can qualify for the 1031 exchange. Let's say I'll get paid out around 250K. To my knowledge, my other options are: (1) pay the big tax bill come April (2) invest in an Opportunity Zone (3) invest in another fund (4) use the funds to find and invest into another deal by end of year which seems unlikely, given how late in the year it already is. I won't qualify as an accredited investor so that rules out most funds to invest in. Does anyone have other creative options they can throw out?