Step 1: While contemplating the sale of an investment property, contact 1031 Pros. Additionally, the investor must identify a replacement property within 45 days of selling their original property and complete the exchange within 180 days.Visit our library of important 1031 exchange forms. The pros at Equity Advantage have provided everything you need in easily downloadable PDF files. Once we have that information we can get the exchange set up quickly. Give me a call at (530) 755-8355 to get started or fill out my Start an Exchange form. Contact me today to learn more! A 1031 exchange is a real estate selling tax break. Initially, a seller must initiate intent to complete a 1031 exchange when selling the downleg property. In Sacramento, call (916) 874-6334. 2.