Hoping To exchange some connection and also business together.

Timing economic condutions has proven futile whether stocks, futures, or real estate.enjoy the ride friends. 

Am I able to 1031 exchange any of the money (the 20% down payment?)  

Equity Partner BuyoutConsider an equity partner to help fund renovations in exchange for a share of the profits, reducing your risk and investment.STR seems like a solid option, but these alternative strategies give you flexibility depending on how things play out. 

But with the midterm I did not have to worry about turnovers, scheduling the cleans, and stocking the home.

Find them a deal and instead of paying you a fee, partner up with them and they will teach you their process in exchange. 

Using a strategy like a 1031 exchange can help defer this tax if you reinvest the proceeds into another property.

But my friend is selling some stocks and was told that if he invests it in real estate he won’t be taxed.

Down the road, the 1031 exchange and Section 121 combo is pretty unbelievable if you hire the right CPA. 

You can’t use 1031 exchange funds to pay off existing debt so a 1031 doesn’t really solve your problem.