We understand the complexity and the stringent time constraints in the utilization of this effective tax strategy. We will work with you and your accountant, attorney or other tax advisor to make sure a 1031 exchange is the best fit for you. By definition the process will involve the sale (the relinquished property) and acquisition (the acquired property or properties) to complete the exchange. It is so important to have a fully integrated plan and broker support to prevent a failed exchange or an unnecessarily stressful transaction.