Capital Gains Taxes How to defer or is it possible?

[Tanya McKinney]

For a lack of a better way of asking, what is the best way to avoid / delay the capital gains tax from the sale of a flip house?  When I spoke to my accountant she said that the 1031 was used as stated for an exchange of property for like property, but I have heard of people avoiding the Cap Gains tax by reinvesting in a larger investment? So buy a property for $50K, sell for $100, reinvest profit by purchase into a $100k property? Or did I misunderstand the process?