1031 Exchange and Cash out refi

[Mike Sola]

I guess there are two parts to this post:

1. If I flipped a house for a 20k profit, can I put that money into a 1031 exchange and add my own cash to purchase a new property?

2. Let's say I am able to do #1, if I were to BRRRR and cash-out refi, would that 20k then be taxed?

Thanks for the input