Thanks for pointing out that the depreciation that I need to pay is "unrecaptured Sec 1250 GAIN" as opposed to depreciation "recapture". My assumption regarding the need to pay the tax related to the depreciation stemmed from "warnings" found on multiple sites related to 1031 exchanges. Given the distinction you have provided I have re-read those sources and realize they all refer to depreciation "recapture" which is not applicable in my situation as you have pointed out. Thanks for the clarification.
I would prefer to pay the depreciation gain on my 2021 and the rest of the gain in 2022 but don't see any way to split it up that way without showing some gain in 2021. I also don't believe that the option of showing the sale of land and structures as separate transactions is an option that is available to me as one respondent suggested.
