To qualify for a 1031 Exchange, Relinquished and Replacement Properties must be qualified as "like-kind," and the transaction must be structured properly. Step 1: While contemplating the sale of an investment property, contact 1031 Pros.We serve our clients as a reliable 1031 Qualified Intermediary. Call us today for 1031 exchange benefits, replacement property and expert advise. During the exchange, it is important to follow all IRS guidelines, select an appropriate replacement property, and work closely with the qualified intermediary. Qualified intermediary 1031 is an impartial third party that helps facilitate tax-deferred exchanges of real estate under Internal Revenue Code Section 1031. In this real estate blog, we break down the 1031 Exchange and provide essential information every real estate investor should know. A 1031 exchange in Utah is when one property is exchanged for another of equal value or higher. Learn about the role of a Qualified Intermediary for a 1031 exchange. Qualified Intermediary (QI): A QI must handle the funds to maintain the integrity of the exchange.