First time doing a 1031 exchange

[Angel Perez]

Hello, I'm asking for my in law. His selling a property in NC to buy another in IL and we'll like to know if the new property price should be based on the value of the house that's about $319k or on what he would keep that is about 200k after the sale? We don't know who handles this type of transactions and would like to know the right steps to take. One more thing his 75 and he wants to have his daughter in the title incase something happens the house is already under her name, is this possible with a 1031 exchange?