The Nevada 1031 exchange process allows real estate investors to defer capital gains taxes through a strategic property swap. Providing Nevada investors with 1031 Exchange replacement properties guidance, FAQ, rules and 1031 Exchange listings.But one question that comes up frequently is, can you do a 1031 exchange between states? The short answer to this is yes. 1031 exchanges allow Nevada investors to defer capital gains with a like-kind replacement property. 1031 Exchange Rules for Nevada. Start your 1031 Reverse Exchange here. Please provide us with as much information as possible.