1031 exchange?

I have a small MF property I am thinking about trying to do a 1031 exchange with.

Assuming this is the case (and excluding agents fees, costs etc) would the capital gains tax on the second property be 40k (gain since the purchase 315k-275k), or would there be some kind of recapture from the first 1031 exchange.

I like when newbie "trust" someone in the world promising 'em 43k in two years without lifting finger.this is the precisely why people losing money very fast.

Be a mentee under someone in the game, add value to them by being their assistant, or doing a task involved in the deal in exchange for equity.

I believe it was made clear initially this was exempt, open to accredited investors only, etc:If you have searched the SEC Edgar database for an apartment LLC syndication and the syndicator, and you cannot find them listed, it could mean several things:Exemption from SEC Registration: Many real estate syndications, particularly those involving apartments, may be exempt from registration with the Securities and Exchange Commission (SEC) under Regulation D of the Securities Act of 1933.

I'm sure you have your reasons for not considering a 1031 exchange.

We own and manage several rentals across the state an will also be looking for opportunities to 1031 exchange into more landlord friendly states with better price points. 

Even during the crazy pandemic year that saw other markets go up 15%, DC was steady at just above its average at 7%  4.99% is quite precise.

Like an exchange of sorts.