Visit our library of important 1031 exchange forms. The pros at Equity Advantage have provided everything you need in easily downloadable PDF files.A 1031 exchange is a real estate selling tax break. Exchanger has agreed to transfer the Relinquished Property to a buyer or buyers. Include verbiage establishing the intent to perform a §1031 tax deferred exchange in the Purchase and Sale. Agreement. Information for qualified intermediaries or accomodators for real estate withholding and 1031 like-kind exchanges. In a 1031 exchange, the replacement property must be like-kind to the relinquished property. California is hard on landlords. I know this first hand because my family owns 130 units in the Los Angeles area that they self-manage. City desires to acquire from PRDC the PRDC. Property.