I should have a ton of equity but I spent most of it on lawyers and settlement in divorce.....but that's another whole life lesson, hahaha.

Wow this should be as simple as providing a settlement statement and a deed a long with a date down showing chain of title prior to your ownership.and or TITLE company missed it and its a title claim  

In the Fair Share settlement agreement the site is identified to accommodate 500 housing units with 100 units to be family rental units (affordable). 

@Daniel Beaulieu in most jurisdictions, at foreclosure, if the FTL is JUNIOR in time to the foreclosing mortgage/security deed/deed of trust, the settlement agent/title company is required to provide the IRS formal notice of the pending foreclosure.

We agreed to delay the settlement so an insurance claim can be pursued by the seller.

The debt boot received is offset by the cash boot given and the exchange remains fully tax deferred.So, if you look at the general rules for a fully tax deferred delayed exchange, as long as the replacement property value is equal to or greater than the value of the relinquished property AND all of the exchange proceeds are used in the replacement property acquisition, then by default, the exchanger will have to bring cash or new debt to the settlement table to purchase the replacement property.The replacement property debt does not HAVE to equal or exceed the relinquished property debt, but as a practical matter most exchangers do bring new (and often greater) financing to the settlement table to preserve their own cash.Does this clear up the confusion?

You're confusing government sponsored loans, like FHA, Fannie Mae and Freddie Mac with the "settlement statement".

FHA lenders set the loan processing and underwriting in line with the estimated settlement date in the contract, the process really doesn't allow or encourage anyone to butt in line. 

Once you have a price, ask the agent, or the title company they're going to end up using, to prepare a prelininary HUD-1 settlement statement.

I don't know if you are supposed to get a 1099 for settlements.