Texas 1031 Qualified Intermediary · Midland & Dallas

1031 Exchanges in Texas

1031 Ventures is a Texas-based qualified intermediary with team members in Midland and Dallas. We handle 1031 exchanges for investors, landowners and mineral owners across Texas, including Dallas–Fort Worth, Houston, Austin, San Antonio and the Permian Basin, and for Texans buying replacement property anywhere in the U.S.

How 1031 Exchanges Work in Texas

Texas follows the federal 1031 rules: the 45-day identification and 180-day exchange deadlines, the like-kind real property requirement, and the use of a qualified intermediary. See the full 1031 exchange rules.

Texas Has No State Income Tax. Is a 1031 Exchange Still Worth It?

Yes. Texas has no state capital gains tax, but the federal tax on a sale can still be significant:

up to 20% federal long-term capital gains tax
up to 25% on recaptured depreciation
the 3.8% net investment income tax for many investors

On a large ranch, rental portfolio or mineral sale, deferring those taxes keeps far more equity working.

Buying Replacement Property in Another State?

You can sell in Texas and buy anywhere in the U.S. If you sell property in a state with an income tax, such as California, Oregon or Massachusetts, that state may track the deferred gain and tax it when you eventually sell. Ask your CPA about any state filing requirements.

Property Types We See Most in Texas

Oil, gas and mineral rights: royalties, minerals and working interests
farm and ranch land, including recreational and hunting land held for investment
single-family rentals and multifamily property
commercial, retail, industrial and net-lease property
development land

Areas We Serve

Midland and Odessa · the Permian Basin · Dallas–Fort Worth · Houston · Austin · San Antonio · Lubbock and West Texas · statewide and nationwide

We work with your local title company or closing attorney, wherever you close.

Talk With a Texas 1031 Qualified Intermediary

Donna Cowdrey (Midland): 432-934-1479
Corey Cheek, Attorney (Dallas): 214-674-8063
David Needham, Bank Relations (Dallas): 214-707-3446

Ready to Start Your 1031 Exchange?

Call before your sale closes. A qualified intermediary has to be in place first.

General information only, not tax or legal advice.

Qualified intermediary for 1031 exchanges of investment real estate, land, and oil, gas & mineral interests. Exchange funds are held in a qualified escrow account at a federally insured bank.