Jumping in is very nerve racking and I'm trying everything I can to minimize my risk, but I guess I can only do some much planning before jumping right in

They need you to spend money and you try to save...

You could always create another checking/savings account with the same bank.

So I said its probably best to just pay the tax.If an investor overpay a ton, just to save on taxes, most likely they'll be inflicting significant financial damage to their portfolio… it’s probably best to opt out and pay the tax.1031s aren't structured in a way that makes someone "overpay" - it mainly comes down to poor planning which puts them in that situationNever let the tax tail wag the dog!

Find someplace to save a couple hundred.

Sure, some wealth is created by saving taxes... but building wealth is priority #1.

;) I would not plan on a refinance being your strategy.

We just helped a Florida client with a ballon coming due at the end of the year on a jumbo refi, the borrower had some payment shock so we structured a ten year interest only payment since they plan on relocating within the net 3-5 years.

I was saved my the bell, the property was listed incorrectly and the broker was a bit shaky with their practices.

Question: I was planning on closing the business.