1031 exchanges
Looking for Houston Replacement Properties for a 1031 Exchange?
Help identifying and evaluating Houston-area replacement property, on your exchange timeline.
Michael O’NealBroker · REALTOR® and property investorThe Michael O’Neal Group · Keller Williams Realty Northeast832-797-3780 · [email protected]
Illustrative map of Greater Houston; it does not show any property locations.
How Michael helps
Finding property inside your deadlines
- Set criteria early. Price range, property type, areas, financing and how much management you want, ideally before your sale closes.
- Build a shortlist. Public listings, privately marketed property and portfolios that fit, each clearly labeled.
- Evaluate each one. Verified rent, expenses, condition and the questions to take to your advisers.
- Negotiate and close. Contract timing that respects your identification and exchange periods.
The rules to plan around
- Replacement property must be identified in writing within 45 days after you transfer the property you give up.
- It must be received within 180 days, or by the due date of your tax return (including extensions), whichever is earlier.
- Since 2018, Section 1031 applies only to real property held for business or investment use.
- Cash or other non-like-kind property you receive can be taxable.
Sources: IRS Form 8824 instructions · IRS like-kind exchange tax tips · checked Oct. 26, 2026
Coordinate every requirement with your qualified intermediary and tax or legal advisers. Michael is a broker and does not give tax or legal advice.
Replacement options
What exchange buyers look at here
1031 questions
1031 replacement property FAQs
What are the 1031 exchange deadlines?
Under the IRS instructions for Form 8824, replacement property must be identified in writing within 45 days after you transfer the property you give up, and received within 180 days or by the due date of your tax return (including extensions), whichever is earlier. Confirm your exact dates with your qualified intermediary.
Sources: IRS Form 8824 instructions Checked Oct. 26, 2026
What property qualifies for a 1031 exchange now?
Since the Tax Cuts and Jobs Act, Section 1031 applies only to real property held for productive use in a trade or business or for investment, not to personal or intangible property. Real property held primarily for sale does not qualify. Your tax adviser decides whether a specific purchase fits your exchange.
Sources: IRS: Like-kind exchanges, real estate tax tips Checked Oct. 26, 2026
What is Michael's role in a 1031 exchange?
Michael is a real estate broker. He helps you define criteria, find and evaluate Houston-area properties, and negotiate the purchase on your timeline. He is not a qualified intermediary, CPA or attorney and does not give tax or legal advice; those advisers structure and document the exchange.
Can the rental portfolio be used as 1031 replacement property?
Possibly, but no property qualifies for every exchange and none comes with guaranteed tax treatment. Whether a purchase fits your exchange depends on your relinquished property, your timing and your adviser's review.
Sources: IRS: Like-kind exchanges, real estate tax tips Checked Oct. 26, 2026
1031 inquiry
Send Michael your exchange criteria
Share your budget, property type, areas and timing. If your sale has closed, include your deadlines so Michael can work inside them.
Do not send tax ID numbers, bank statements or exchange-account details through this form.
Call or text 832-797-3780 · [email protected]
Keep researching