smoking turbo? Need help!

[818Supra]

I just swapped in a built 7mgte into my na supra, and am having problems getting it to idle correctly. I have been messing with the timing, but the car has started to smoke a lot from the exhaust manifold and now from the exhaust itself. I know it's not leaking from the valve covers, and the exhaust manifold looks like it is soaked. I don't think the smoke is from radiator fluid, it has a bluish color to it which suggests oil? I have a ct26 that is supposedly a 60-1 trim(I know this trim is not recommended because it shortens the life of the turbo).

Could this be the turbo? Could it be leaking into the manifold?

Any suggestions or help is greatly appreciated!

 

[easternguy2005]

"from the exhaust manifold and now from the exhaust itself."

Do you mean smoking on the outside of the manifold ?

soaked ? inside ?

 

[818Supra]

yea its smoking on the outside of the manifold. You could see liquid start to build up and bubble as the engine heats up. If I rev the engine more, then the manifold starts to smoke even more. I haven't taken off the manifold yet to see if its soaked inside.