Com, or fill out the form and we'll get in touch immediately. Texas 1031 Exchange rules allow investors to defer capital gains on sale of qualified property if exchanged for like-kind property.Our Fort Worth real estate lawyer can help investors complete 1031 like-kind exchanges and defer capital gains taxes. Call 817-349-7330 for a free consult. Description: This addendum is to be attached to a contract where either party intends to use the property to accomplish a Section 1031 Exchange. A 1031 exchange allows property owners to defer paying capital gains taxes on the sale of their original property, which can result in significant tax savings. Step 1: While contemplating the sale of an investment property, contact 1031 Pros. A 1031 exchange allows property owners to defer paying capital gains taxes on the sale of their original property, which can result in significant tax savings. A 1031 Exchange Account is a tool to defer capital gains tax. A 1031 exchange in Texas is a tax-deferral strategy that real estate investors can use to defer capital gains when selling a property.