I'd expect that you may run into only one issue with the 10k penalty exemption and that is the potential for getting audited; however, there is nothing in the rules to prevent it other than if you both live in the same new residence at any time.

I personally love representing TT clients in audits.

http://www.bls.gov/ooh/office-and-administrative-support/bookkeeping-accounting-and-auditing-clerks.htm

The IRS does not audit those using Independent contractors any more than they do employees.

Given that a $25K education expense is something that is probably more likely to get scrutinized than your typical expense -- and given that your CPA isn't the one who will be audited -- it's worth keeping in mind. 

The IRS will appreciate it when they audit you.

.)- Ask website provider/ designer for a referral- General referrals... ask your business friendsKnow that you have composed a list of companies/managers to choose from you will now need to Figure out what services are offeredTypes of services offered- Audits: Someone dives into your account to tell you exactly what you are possibly doing wrong.Audits come at one of the cheapest cause you can get it for free or for a small amountLevels of audits- Free Audits: Companies that offer this free service are most likely interested in a campaign that is going to be spending large amounts in hopes to hook you on for possibly a long-term contract.

I have clients worldwide that I assist with bookkeeping, audit representation and tax preparation.http://blauco.com/

And what supporting documentation would I need to provide to the IRS if i am audited? 

You must have the intent and be able to prove intent to hold for rental or investment in order to qualify for 1031 Exchange treatment should you be audited.