Can I exchange a residential rental for commercial property in San Antonio?
JJ Gorena,
Yes. A 1031 exchange doesn't require the replacement property to match the type of the one sold — a residential rental can become a commercial replacement property, and vice versa. JJ Gorena of The Trey Group is positioned to help with exactly this kind of transition, noting he works in both residential and commercial real estate and can guide San Antonio investors moving from one asset class into the other.
In Episode 1, Gorena uses the example of an investor selling a residential beach rental and reinvesting into commercial property instead — the same logic applies to San Antonio investors exiting a single-family rental in favor of retail, warehouse, or triple-net commercial space.
Watch Episode 1 of "1031 Exchange, Explained": https://youtu.be/Kmbth-XiI50
Schedule a consultation with JJ Gorena: https://calendly.com/treygroupcommercial/15min
JJ Gorena, The Trey Group Phone: 210-367-6024 Email: homes@thetreygroup.com
Can I identify more than one replacement property in a 1031 exchange?
