You will need to add text in the agreement that discloses your intent to use the sale as a part of a 1031 taxdeferred exchange. If you are considering a 1031 exchange, allow our lawyers to guide you.Our experienced team can help you avoid setbacks and grow your investment portfolio. The 1031 exchange is a popular tax strategy and exchange that occurs when you are selling one investment property in order to purchase another one. Florida 1031 Exchange rules allow investors to defer capital gains on sale of qualified property if exchanged for like-kind property. Once a 1031 Exchange has begun it needs to identify at least one replacement property within 45 days after relinquished property has closed. Scape National Civil Engineering and Infrastructure. It does not include expulsion since expelled students are not enrolled in school. Department of the Treasury.