Who Belongs on Your 1031 Exchange Team
There is a version of the 1031 exchange story where one smart investor reads the rules, watches a few videos, and runs the whole thing solo. I have never seen that version end well. A successful exchange requires an experienced team, not just one person, and in Part Two of my 1031 Exchange series I explain why.
Watch the video: https://youtu.be/Fmn8CWixb9I
The roster
A real estate agent who understands the 1031 process. Not every agent does. Your agent has to know that identification rules shape which properties you can chase, that the 180 day deadline shapes how offers get negotiated, and that a slow week in due diligence is never really free. This is where I spend my days, helping investors across San Antonio and the Texas Hill Country find replacement properties that actually fit inside the timeline.
A qualified intermediary. The IRS requires one, and the exchange money must flow through them, never through your own account. Get them engaged before you close your sale, because after closing is too late.
Your CPA or tax advisor. The exchange only matters because of the tax outcome, so the person who files your return needs to be in the room from the start. Timing around your filing deadline can even shorten your 180 days, which is exactly the kind of detail a good CPA catches early.
Your lender. Financing a replacement property on a countdown is different from financing a normal purchase. A lender who knows the deal is a 1031 will underwrite with your deadline in mind.
Why the team matters more than the rules
Every rule in a 1031 exchange is public. The deadlines, the identification limits, all of it. What separates a smooth exchange from a stressful one is coordination, because the work of the 135 days after identification happens across five different professions at once. Somebody has to keep all of it moving in the same direction.
That is the job. If you are considering an exchange, contact me and Carl Pikus early and we will help you build the strategy, assemble the right people, and stay ahead of every deadline.
Schedule a 1031 strategy call with JJ: https://calendly.com/treygroupcommercial/30min
JJ Gorena helps investors across San Antonio, Boerne, New Braunfels, and the Texas Hill Country structure 1031 exchanges the right way.
Nothing in this article is tax or legal advice. Every exchange is different, so talk with your CPA and a qualified intermediary before you make a move.
JJ Gorena II
Trey Group Commercial | eXp Realty
commercial@thetreygroup.com
