Here is some sample text that you may use or adapt for your sale and purchase agreements. When Selling Relinquished PropertyVisit our library of important 1031 exchange forms. The pros at Equity Advantage have provided everything you need in easily downloadable PDF files. Enter a Replacement Property Contract; Notify QI of Opened Escrow; Close on Replacement Property; Qualified Intermediary Transfers Funds; Complete the Exchange. Edit, sign, and share 1031 addendum to real estate contract online. No need to install software, just go to DocHub, and sign up instantly and for free. Information about the likekind exchange and requirements under IRS Code Section 1031 for recognizing a gain or loss. Investors must use Form 8824, "LikeKind Exchanges," to report each exchange to the IRS. In this article, we will provide a comprehensive guide to §1031 exchanges, including what they are, how they work, the various types and rules that apply.