Seller is an agreement between the buyer and seller, the buyers requests the Seller’s corporation in an exchange and agrees to hold the Seller harmless from all claims and costs. If an investor directly receives income from the sale, the investor will disqualify themselves from the 1031 exchange tax deferment. If the exchange’s replacement property was owned by the investors relative, the property cannot be sold for two years in order to keep the tax benefits of the 1031 exchange.