1031 exchange use for existing new property

[Muhammad Ali Raza]

Dear Expert, I need your advise on my rental exchange. Below is my scenario.

I have 2 x below rental and would like to sell Rental#1 and want to move the gain into Rental#2 which is the newer home.

Please advise , can I do that ?

Rental#1: 2016 built as Primary residence and converted into investment in 2020.

Rental#2: 2023 built home and bought in 2023 as investment property.