Like-Kind Exchanges - 1031 - Experience?

[Michael Lebeau]

I currently am researching my options on potentially selling 1 or maybe 2 of my 3 family properties and rolling them into a new/bigger multifamily. 

One of the deciding factors is will I have to pay 20%-25% in property taxes if I roll the profits into a new multi-family property? 

My initial answer I got was "yes, I will have to pay taxes on all capital gains" - but then I found this - Like-Kind Exchange... 

Anyone familiar with this? https://www.irs.gov/newsroom/like-kind-exchanges-under-irc-code-section-1031

Thanks in advance!