There are specific rules for 1031 exchanges including:The replacement property must be identified within 45 days of transferring the relinquished property.The replacement property must be received within 180 days after the transfer of the relinquished property or the due date of the taxpayer's tax return, whichever is earlier.Special rules apply for exchanges between related parties (defined in § 267(b) or 707(b)(1)).Real property located in the United States and real property located outside the United States are not considered property of like kind.Cost Segregation StudiesA Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

If you want to claw back your original investment of $130K, that is fine and you can do that with this property or a different investment (whichever is faster).In your 13% return calculation, include predictable appreciation and principal pay down.Nice work starting this post and being transparent and vulnerable.

Whichever is the lowest.

As long as your IRA is not a Roth IRA and your 401k is not with a current employer, you should be able to transfer all assets to whichever structure works best for you.

which ever comes first ?

If it is for asset protection.....doesn't matter do which ever, and have a GREAT insurance policy with an umbrella.

It is usually stated as “75% (or whatever LTV they lend to) of appraised value or purchase price, whichever is less”In your case with the POHs, the appraisal will be separated into land value and POH value.

I would start with whichever bank you bank with.

I hope whichever route you take works out well for you.

If you're looking to build up capital more quickly, flipping could be a viable option.Best of luck with your decision—whichever path you choose, you’re on the right track!