You should work with a Qualified Intermediary that is going to focus on administering the 1031 Exchange and not trying to get paid on the back end. 

Hi,Thanks everyone for the input.I just checked back and a 1099 was issued, and we paid the taxes.

What type of properties are you looking to add to your portfolio to "get back in the game"?

Do you envision coming back? 

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

Because that trail will undoubtedly lead back to the alleged borrower.

They finally get back to me after the close date to say they need more time because they are try to cross collateralize their other properties to make this deal happen and the bank they were using doesn't do this kind of loan. 

Sooner or later it will come back to hurt you. 

Which may or may not be valid but we have no way to know until we hear back.Thanks for getting back to us.

They could also sell the property to you and lease it back, allowing them to remain in the home while accessing liquidity.