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 provide a one stop, turnkey 1031 exchange process with the professionalism, experience, speed and security you need to close your transactions. 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. The steps for completing an exchange with. IPX1031® are relatively simple. The steps for completing an exchange with. IPX1031® are relatively simple. Your client can have 1031 language in the sales contract, but it is not required.