Since the real estate is part of the transaction you can't do the 1031 exchange.You could consider an installment sale, to potentially spread the tax liability over several years.

It's two seperate transactions for tax purposes,  neither one changing the outcome of the other just because they occured at the same time... in theory it would probably be better to simply have the amount of the commission deducted from closing costs if at all possible, but if compensation was already being offered througu listing broker, it is what it is.

Guess I had the one in a million situation and loss 30K on this transaction. 

Go to an attorney specializing in Texas real estate transactions who can set the whole thing up - if the attorney you're using is not familiar with the optimal ways to insure wraps you're using the wrong attorney. 

Consider transaction costs as well as losing the principle residence exclusion.

Learn what the difference between an assignment and an ABC transaction is.

@Ralph Concentine, for wholesale transactions, work with Katz Durell or Rand and Associates.

@Marko BukvaI'm not entirely clear on the plan and ownership, but there are potentially several different types of tax at play for a transaction like you're discussing - gift taxes, estate tax, income tax, property tax, documentary transfer tax, etc. 

Granted, once I know you as an individual are tied to a transaction, then I can see what you have done in the past and any future transactions.

SDIRAs where you go through the custodian for all transactions and they're on title to all assets FBO your IRA.