💰 1031 Exchange Explained: Timing Traps, Replacement Risk & Costly Mistakes to Avoid ⚠️

Bill Rapp, CRE Broker

Published on: 13/02/2026

1031 Exchange Explained (What Can Go Wrong) If you own investment real estate in Houston, Katy, Fulshear, or anywhere in Texas, a 1031 exchange can be one of the most powerful wealth-preservation tools available.