They are the one advising her to switch from 401(k) to RE and she agrees as she doesn't believe stocks are going to get her to retirement at this point.

I've said it before on these forums, and I'll say it again this rotation of large cap to small cap stocks is usually how this starts pre-rate cut.

The housing stock is older so you have that to think about, but the entry point is generally low enough to get in and see how the market works for you. 

A couple of years later, we sold it and used a 1031 exchange to invest in a small apartment building.

It can also be used to make net worth comparisons at various points and to project your future net worth.Why investors should use it: Because Kubera allows you to track all of your assets—including real estate, stocks, precious metals, and other investments—it gives you a complete picture of your current net worth.

It appears I'll need a 1031 exchange to offset substantial capital gains. 

Does anyone know the high level implications of undoing a 1031 exchange? 

I think you may have people really start to take stock in whether the great florida weather is worth the cost and headache in dealing with the storms.2 major hurricanes in a matter of a month?

Whether it's leveraging a 1031 exchange to defer capital gains taxes or exploring new investment opportunities in areas like Austin or the Phoenix area, there are plenty of options out there.If you're considering your next steps, I'd be happy to share some insights from what I've seen in these markets.

If you've got enough runway you could do a 1031 exchange into a nice investment property.