The most common type of 1031 Exchange, a Forward Exchange, adds minimal time and work for the Exchanger and other parties involved. An Exchanger completing their first 1031 with any QI should plan on an hour to review Exchange Agreement documents and 15 minutes or so for each sale and purchase relating to the Exchange, mainly to provide contact information and asset specifics to the QI. Related buyers and sellers have only to receive a notification document and to see funds move in and out of the Exchanger’s Exchange Value Account, respectively. If managed properly, the benefits are big and the costs are small!