I find 1031 exchanges incredibly tough to pull off effectively.  

The stock market compounds at about 10% over the long term.

Then he hypes and inflates the stock.

You can’t use “strangers on the internet” as your defense against the IRS invalidating your exchange. 

Since the 1031 exchange failed, you’ll owe taxes on:Depreciation recapture (~$112K) taxed at 25%.Capital gain (~$80K) taxed at 15–20%, depending on your income.To offset the depreciation recapture, you’d need passive losses.

@Alex Frey, you're in great shape to do the 1031 exchange on that property. 

So you're right for wanting to do a 1031 exchange.

I’m looking to add value to an existing team—whether it’s underwriting deals, helping with investor communications, or supporting asset management—in exchange for hands-on experience and mentorship.

Here is some advice to help you get started. 1)Learn about building and growing credit now so you can set yourself up for success when the time comes for you to start your real estate portfolio. 2) Put any extra money you have in places it can grow such as stocks and real estate notes.

Or be a RV manager in exchange for free rent.