What qualifies as an investment property for a 1031 exchange?
JJ Gorena,
To qualify for a 1031 exchange, both the property sold and the replacement property must be held for investment — not personal use. JJ Gorena of The Trey Group is direct about the most common misconception San Antonio investors run into: "It cannot be your primary residence — that's another common misconception. It must be an investment property."
Qualifying property types include warehouses, retail space, and short-term or long-term rental property. Gorena also notes that rental properties can be depreciated to help reduce both current and future taxes — a separate benefit worth discussing alongside the exchange itself with a San Antonio-based agent who understands both sides.
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
