Step 1: While contemplating the sale of an investment property, contact 1031 Pros. We are a national 1031 exchange qualified intermediary with 1031 Exchange ARizona offices throughout the state.The 1031 exchange process involves selling a qualified investment property and acquiring another likekind property within a specific period. The exchanger finds a Qualified Intermediary and enters into an exchange agreement to retain the Qualified Intermediary to handle the 1031 Exchange. 1031 exchanges allow Arizona investors to defer capital gains with a like-kind replacement property. 1031 Exchange Rules for Arizona. Providing Arizona investors with 1031 Exchange replacement properties guidance, FAQ, rules and 1031 Exchange listings. Once the initial property is sold, the funds are placed with a qualified intermediary (QI). Choosing the right property is the key to success with an Arizona 1031 exchange. Every 1031 exchanger is required to choose a QI and sign a formal agreement before closing on the property being given up.