If you do it right, you can defer or offset most or all of your tax from a syndication. 

It doesn't hurt to meet with a couple lenders and have them present both options. 

If you want to defer all tax you must purchase at least as much as your net sale and use all of the net proceeds in the purchase or purchases.So two very common 1031 strategies are 1.

First, Steven, congratulations on this extraordinary opportunity that your mother has presented to you! 

Find a property that has some deferred maintenance and consequently has below market rents. 

Their law enforcement has changed for the better over the past several years and officers are more present in the streets and are seen interacting with the residents.

Although starting at a younger age, I see no better time then than the present to learn and gain leverage into my first deal.My drive to getting into real-estate investing is to focus on my family of the future, create time to travel and to avoid wasted time and stress thinking about how many hours I may need to work before successfully retiring.

.- Buy the home below market value with the appropriate as-is value, presenting your low offer based on x,y,z repairs.- close, break ground and start rehabbing! 

After that, the goal is to buy some rentals and maybe a do a flip at a time if the right opportunities present themselves.Austin seems to be a great place for short term rentals so I'll definitely be looking in to that option.

With your background instead of buying turn-key, find something that maybe has some deferred maintenance and potentially some surface renovations (paint, tile, countertops, etc).