I have moonlighted for several Architects and through hard work and good fortune stumbled on an opportunity to become an apprentice electrical engineer. 10 years later I am a senior engineer, together with my wife, have a decent portfolio of Real Estate.

There is nothing that replaces a live conversation with someone who has already built that trust with the sponsor over time.

For instance, states like California, Oregon, Montana, and Massachusetts have "clawback" provisions, meaning they may tax deferred gains if you eventually sell the replacement property and don't reinvest within the state.

I've worked with a client in a very similar situation, and have spoken to many inspectors/engineers/builders, etc about things like this.

A subsequent cash-out refinance of the replacement property (e.g., $250K on a $1M property with a $500K loan) is treated as a loan and generally has no tax implications related to the 1031 exchange.

I can build cheaper than I could replace but there is a time and stress factor to consider.

If you are just painting and replacing carpet, you still need to move into the home within 60 days of buying. 

Do you know the manger said they replace the whole accounting department that's why the redemption being deplay.

I'm not looking to replace my w2 income with it.  

We keep "kiddie" as we say backhome which is a pot of money set aside for rainy day fund in case we need to replace appliances, perform repairs or other capital improvements.