If you're sitting on a large gain from appreciated stock or cryptocurrency, you may have heard that a 1031 exchange could defer the tax — but it can't. The 1031 exchange is limited to real estate, leaving gains from securities, crypto, and other non-real-estate assets without a like-kind deferral option. Opportunity Zones, by contrast, accept any capital gain — including gains from selling stock, RSUs, options, or cryptocurrency — making them often the only tax-deferral tool available for these gains. For a tech employee with appreciated company shares, a crypto investor with a large realized gain, or anyone holding a concentrated equity position, an OZ can defer the gain and potentially grow the new investment tax-free over a 10-year hold. This guide explains why 1031 excludes crypto and stock, how to reinvest securities gains in a QOF, how crypto gains interact with the 180-day rule, the documentation you'll need, and how to plan a QOF investment. This is educational information, not tax advice — the rules are time-sensitive and evolving, so verify the current rules and your specific facts with your CPA.
Why 1031 excludes crypto & stock
The 1031 exchange excludes crypto and stock gains because of its fundamental requirement: it defers tax only on the sale of real property held for investment or business, reinvested in like-kind real property. Since the 2017 tax law, 1031 treatment is limited to real property — so it applies exclusively to real estate, and you must sell real estate and acquire like-kind real estate to defer the gain.
Stock, cryptocurrency, RSUs, options, and other securities or digital assets aren't real property, so their gains simply don't qualify for a 1031. You can't 1031 stock into real estate, crypto into crypto, or securities into anything — there's no like-kind deferral path for these assets. So an investor with a stock or crypto gain has no 1031 option at all.
This leaves crypto and stock investors without the 1031's deferral — which is exactly the gap Opportunity Zones fill. So understanding why 1031 excludes these gains shows why OZs are so valuable for them. Why 1031 excludes crypto and stock — the 1031's like-kind real-property requirement (since 2017, real estate only) excluding stock, crypto, RSUs, options, and other non-real-estate assets, leaving their gains with no like-kind deferral — explains the gap OZs fill. The 1031 is real-estate-only. Understanding this shows why OZs matter for securities and crypto gains. The 1031 excludes crypto and stock because it requires like-kind real estate — leaving securities and digital-asset gains with no 1031 option, a gap Opportunity Zones fill by accepting any capital gain.
Reinvesting securities gains
Opportunity Zones let investors reinvest stock and securities gains into a QOF to defer them — the option a 1031 doesn't provide. If you sell appreciated stock, RSUs, options (after exercise/sale), ESPP shares, or other securities and realize a capital gain, you can invest that capital gain into a QOF within 180 days to defer it and earn the OZ benefits: deferral of the original gain, and potential tax-free growth on the new investment after a 10-year hold.
This is especially valuable for investors with concentrated or large equity positions — a tech employee with appreciated company shares, an early employee with vested RSUs, or anyone with a long-held winning stock facing a big capital-gains bill. Rather than paying the tax or staying dangerously concentrated to avoid it, they can sell, defer the gain via an OZ, and diversify into the OZ investment. So an equity gain can be redirected into a tax-advantaged OZ position.
So reinvesting securities gains in a QOF gives stock investors a tax-deferral and diversification tool the 1031 can't offer. So this is a key OZ use case for equity holders. Reinvesting securities gains — investing a stock, RSU, option, or ESPP capital gain into a QOF (within 180 days) to defer it and earn the OZ benefits, valuable for concentrated or large equity positions seeking deferral and diversification — gives equity investors a tool the 1031 lacks. It serves securities gains directly. Understanding it shows the equity use case. OZs let stock investors reinvest securities gains in a QOF to defer them and diversify out of concentrated positions — a tax-deferral tool the 1031 can't provide for equities.
For a tech employee holding appreciated company stock, the Opportunity Zone is often the only tax-deferral tool that exists — the 1031 simply doesn't reach securities or crypto.
Crypto gains and the 180-day rule
Cryptocurrency gains also qualify for OZ investment, and they follow the same 180-day rule as other capital gains. If you sell (or otherwise dispose of) appreciated cryptocurrency held as a capital asset and realize a capital gain, you can invest that capital gain into a QOF within 180 days of realizing it to defer it and earn the OZ benefits. So crypto investors with large realized gains have an OZ deferral option that the real-estate-only 1031 can't provide.
The 180-day clock for a crypto gain generally starts on the date you realize the gain — typically the date of the taxable disposition (the sale or exchange of the crypto). As with other gains, you have 180 days from that realization date to invest the gain into a QOF. Because crypto markets move quickly and dispositions can be frequent, tracking the realization date and the resulting deadline is important — and clear records of each taxable event matter.
So crypto gains qualify for OZ investment and follow the standard 180-day rule from the realization date, giving digital-asset investors a deferral path. Crypto gains and the 180-day rule — a capital gain from selling crypto held as a capital asset being investable in a QOF within 180 days of the realization (disposition) date, just like other capital gains, with careful tracking of the realization date given crypto's frequent dispositions — give digital-asset investors an OZ deferral option. The 1031 can't serve crypto. Understanding this shows the crypto path. Crypto gains qualify for OZ investment and follow the 180-day rule from the realization date — giving crypto investors a deferral option the 1031 (real-estate-only) can't provide, provided the realization is tracked and documented.
Documentation needs
Documenting the gain and the realization is essential when investing crypto or stock gains in an OZ. For stock and securities, you'll generally want records of the sale (brokerage confirmations, 1099-B forms, cost basis, and the realization date) to substantiate the gain's amount, character (capital), and timing — which determine the eligible amount and the 180-day deadline. Good records make the eligibility and timing clear.
For cryptocurrency, documentation is especially important because crypto transactions can be numerous and basis tracking is often complex — you'll want records of the acquisition (date and cost basis), the disposition (date, proceeds, and resulting gain), and the realization that starts the clock. Exchange records, transaction histories, and basis-tracking reports help substantiate the capital gain and its timing. Then, when you invest in a QOF, you (and your preparer) report the deferral on the relevant IRS forms — typically Form 8949 to report the gain and the deferral election, and Form 8997 to report your QOF holdings annually.
So solid documentation — of the realization, the gain's amount and character, and the QOF investment — supports your OZ election and compliance. Documentation needs — records of the sale or disposition (confirmations, 1099s, basis, and realization date) substantiating the gain's amount, capital character, and timing, with crypto requiring careful basis and transaction tracking, plus reporting the deferral on Forms 8949 and 8997 — are essential for a crypto or stock OZ investment. Good records support eligibility and compliance. Understanding the documentation shows what to keep. Document the realization, the gain's amount and capital character, and the QOF investment (Forms 8949 and 8997) — with crypto requiring careful basis and transaction records — to substantiate your OZ election and stay compliant; your CPA handles the reporting.
Because crypto basis and holding periods can be intricate, working with your CPA to confirm the gain is a capital gain (and its holding period, which affects the character) is prudent before relying on it for an OZ election. Clean documentation up front prevents problems later.
Planning a QOF investment
Planning a QOF investment for a crypto or stock gain starts with confirming the eligible capital gain and the 180-day deadline. Work with your CPA to verify that your gain is a capital gain (and its holding period/character), to quantify the eligible amount, and to fix your realization date and resulting deadline. Knowing the amount and the window lets you act deliberately rather than rushing.
Next, identify a suitable QOF in advance — researching funds, sponsors, and strategies before or around your sale so you're ready to invest within the window. For sellers planning a stock or crypto liquidation, lining up potential QOFs early means you can choose thoughtfully instead of scrambling near the deadline. Then, fund the QOF within the 180 days and ensure the deferral is properly reported (Forms 8949 and 8997) with your preparer.
So planning a QOF investment means confirming the eligible gain and deadline, lining up a suitable fund in advance, and funding within the window with proper reporting — all coordinated with your CPA and advisor. Planning a QOF investment — confirming the eligible capital gain and the 180-day deadline with your CPA, identifying a suitable QOF in advance, and funding within the window with proper reporting (Forms 8949 and 8997) — is how to invest a crypto or stock gain in an OZ correctly. Advance planning prevents a rushed choice or missed deadline. Understanding the planning steps shows how to execute. Plan a QOF investment by confirming the eligible gain and deadline, lining up a suitable fund early, and funding within the 180 days with proper reporting — coordinating with your CPA and advisor to avoid a rushed or missed investment.
Who benefits most
Investing crypto and stock gains in an OZ benefits a broad audience the 1031 can't serve. Tech employees and executives — with appreciated company stock (RSUs, options, ESPP shares) facing large gains on sale, who want to diversify out of a concentrated, single-company position tax-efficiently. Crypto investors — with substantial realized gains from appreciated digital assets and no 1031 option, seeking deferral and potential tax-free growth.
Investors with concentrated equity positions — wanting to diversify out of a winning stock without an immediate tax hit. And anyone realizing a large securities gain — from a portfolio rebalance, a liquidity event, or a sale — who would otherwise simply pay the capital-gains tax. So these audiences, lacking a 1031 option, find the OZ uniquely valuable for their gains.
So OZ investing for crypto and stock gains expands tax-deferral well beyond real estate investors — to the many people with significant securities or digital-asset gains. So the OZ serves a wide, otherwise-underserved audience. Who benefits most — tech employees/executives (appreciated stock), crypto investors (digital-asset gains), concentrated-position holders (diversifying tax-efficiently), and anyone with a large realized securities gain — are the audiences the OZ uniquely serves (lacking a 1031 option). The OZ expands deferral beyond real estate. Understanding who benefits shows the broad relevance. OZ investing for crypto and stock gains uniquely serves tech employees, crypto investors, and concentrated-position holders — audiences with significant securities or digital-asset gains the 1031 can't help.
- The 1031 is real-estate-only — stock, crypto, RSUs, options, and other securities/digital-asset gains can't use it.
- OZs accept any capital gain, including crypto and stock — letting you defer the gain and potentially grow the new investment tax-free after a 10-year hold.
- The 180-day clock runs from the realization (disposition) date; reinvest the capital gain in a QOF within that window.
- Documentation matters — keep records of the realization, the gain's amount and capital character, and the QOF investment (Forms 8949 and 8997); confirm crypto basis/holding period with your CPA.
How Baker 1031 helps with crypto & stock gains
Baker 1031 Investments helps investors with cryptocurrency and stock gains use Opportunity Zones — explaining why the 1031 won't work for these gains, how to reinvest securities and crypto gains in a QOF, how the 180-day rule applies, and what documentation you'll need — so you can defer (and potentially grow tax-free) gains the 1031 can't touch, accessing suitable OZ funds.
QOF interests and related securities are offered through the broker-dealer, Aurora Securities, Inc. (member FINRA/SIPC), and any recommendation follows a suitability review (OZ investments are typically suitable for accredited investors). Baker 1031 does not provide tax or legal advice — your CPA confirms your gain's eligibility (the capital-gain character, holding period, amount, and timing) and handles the reporting (Forms 8949 and 8997), which are technical and time-sensitive. Our role is to help you understand the OZ opportunity for your crypto and stock gains, plan around the 180-day window, and access suitable funds, coordinating with your CPA. The OZ's acceptance of any capital gain is a defining advantage for securities and digital-asset holders, and we help you understand and use it — so your stock or crypto gain can reach a tax-advantaged OZ investment. This is educational information only; verify the current rules with your tax advisor.
Frequently Asked Questions
Can I defer a stock gain with an Opportunity Zone?
Yes — if you sell appreciated stock (or other securities like RSUs, options, or ESPP shares) and realize a capital gain, you can invest that capital gain into a QOF within 180 days to defer it and earn the OZ benefits (deferral of the original gain, and potential tax-free growth on the new investment after a 10-year hold). This is especially valuable because a 1031 exchange can't defer stock gains (it's real-estate-only), so the OZ is often the only tax-deferral tool for a securities gain. So an investor with a large or concentrated stock position — like a tech employee with appreciated company shares — can sell, defer the gain via an OZ, and diversify into the OZ investment, rather than paying the tax or staying concentrated. So stock gains qualify for OZ investment, giving equity holders a deferral and diversification tool the 1031 can't provide. Verify your specific eligibility and timing with your CPA.
Can I defer a crypto gain with an Opportunity Zone?
Generally yes — a capital gain from selling cryptocurrency held as a capital asset is a capital gain, which qualifies for OZ investment. So if you sell appreciated crypto and realize a capital gain, you can invest that capital gain into a QOF within 180 days of the realization date to defer it and earn the OZ benefits. A 1031 can't defer crypto gains (it's real-estate-only), so the OZ is often the primary tax-deferral tool for crypto investors with large realized gains. So crypto gains qualify, like other capital gains, extending the OZ to digital-asset investors. Confirm the specifics with your CPA — including whether the crypto was held as a capital asset, the holding period (which affects character), and the basis — as crypto tax treatment can be intricate. The OZ's breadth includes crypto, a meaningful option for digital-asset investors with appreciated positions seeking deferral and potential tax-free growth. Verify the current rules for your situation.
Why can't I use a 1031 for crypto or stock?
Because a 1031 exchange requires like-kind real estate — since the 2017 tax law, 1031 treatment is limited to real property, so it defers tax only on the sale of real property reinvested in like-kind real property. Stock, cryptocurrency, RSUs, options, and other securities or digital assets aren't real property, so their gains don't qualify for a 1031. You can't 1031 stock into real estate, crypto into crypto, or securities into anything — there's no like-kind deferral path for these assets. This leaves crypto and stock investors without the 1031's deferral, which is exactly the gap Opportunity Zones fill (OZs accept any capital gain, including crypto and stock). So the 1031's real-estate-only requirement excludes crypto and stock gains, making the OZ the relevant tax-deferral tool for them. The OZ's broad eligibility is what makes it valuable where the 1031 doesn't apply. Verify the current rules with your tax advisor.
When does the 180-day clock start for a crypto or stock gain?
The 180-day clock generally starts on the date you realize the gain — typically the date of the taxable disposition (the sale or exchange). For a direct stock sale, the clock generally starts on the sale date; for a crypto disposition, on the date of the taxable sale or exchange of the crypto. You then have 180 days from that realization date to invest the capital gain into a QOF. If the gain comes through a pass-through entity (a partnership or S corp), there can be flexible start dates (the entity's realization date, year-end, or return due date), often giving more time. So for a direct crypto or stock sale, map the 180-day window from your realization date and invest within it. Because crypto dispositions can be frequent and stock sales can be timed, tracking the realization date is important. Confirm your start date and deadline with your CPA, especially for entity or pass-through gains.
What documentation do I need for a crypto OZ investment?
You'll want clear records substantiating the gain and the realization: for crypto, the acquisition (date and cost basis), the disposition (date, proceeds, and resulting gain), and the realization that starts the 180-day clock. Exchange records, transaction histories, and basis-tracking reports help substantiate the capital gain, its character, and its timing — which is especially important because crypto transactions can be numerous and basis tracking complex. When you invest in a QOF, you (and your preparer) report the deferral on the relevant IRS forms — typically Form 8949 to report the gain and the deferral election, and Form 8997 to report your QOF holdings annually. So keep thorough records of each taxable crypto event and your QOF investment. Confirm the gain is a capital gain (and its holding period) with your CPA before relying on it for an OZ election. Good documentation up front supports eligibility and compliance and prevents problems later.
Do RSUs and stock options qualify for an OZ?
The gain you realize on selling the underlying shares can qualify, to the extent it's a capital gain. RSUs and options have an ordinary-income component when they vest or are exercised (the value is generally compensation taxed as ordinary income), which is not OZ-eligible. But if you hold the resulting shares and later sell them for a capital gain (above your basis, which generally includes the amount already taxed as compensation), that capital gain can be invested in a QOF within 180 days. So it's the capital gain on the eventual sale of the shares — not the ordinary-income compensation portion — that's OZ-eligible. This is a common point of confusion for equity-compensated employees. So work with your CPA to identify the capital-gain portion of your equity-comp situation, since only that qualifies for an OZ. The ordinary-income piece is taxed as compensation and can't fund an OZ. Verify the specifics for your equity awards with your tax advisor.
Is the gain on my stock the whole sale or just the profit?
For OZ purposes, it's the capital gain — the profit — not the full sale proceeds. When you sell appreciated stock, your capital gain is the sale price minus your cost basis (what you paid, plus adjustments). Only that capital gain is eligible to invest in a QOF; you don't invest the entire proceeds (the return of your basis isn't a gain). So if you sell stock for $500,000 that you bought for $200,000, your capital gain is $300,000 — that's the OZ-eligible amount, not the full $500,000. This is an important distinction: the OZ defers the gain, so you invest the gain amount. The rest of the proceeds (your basis) is yours to keep or use freely. So confirm your cost basis and the resulting capital gain with your CPA to know the eligible amount before investing in a QOF. Verify the figures for your specific holdings with your tax advisor.
Can I diversify out of a concentrated stock position with an OZ?
Yes — this is one of the most valuable OZ use cases for equity holders. If you have a large, concentrated position in a single stock (common for tech employees, founders, and early investors), selling it normally triggers a big capital-gains tax, which discourages diversification. With an OZ, you can sell the concentrated position, defer the capital gain by investing it in a QOF within 180 days, and effectively diversify into the OZ investment — reducing your single-stock concentration risk without an immediate tax hit on the gain. So the OZ lets you address concentration risk tax-efficiently, which is especially valuable when a single position dominates your wealth. The trade-off is that the OZ investment is illiquid and long-term (a 10-year hold for the exclusion), so you're moving from one illiquid concentration to a different illiquid investment — evaluate the OZ on its merits. Confirm the strategy with your advisor and CPA, considering suitability and your overall plan.
How do I report a crypto or stock OZ investment to the IRS?
You (and your tax preparer) generally report the gain and the deferral election on Form 8949 (where you report the capital gain and elect to defer it by investing in a QOF), and you report your QOF holdings annually on Form 8997 (the Initial and Annual Statement of QOF Investments). The QOF itself self-certifies and reports on Form 8996. So the investor-side reporting centers on Forms 8949 (the deferral election for the year you invest) and 8997 (your annual QOF-holding statement), supported by your records of the realization and the investment. Because the reporting is technical and time-sensitive, your CPA or preparer handles these forms to ensure the deferral is properly claimed and maintained. So keep good documentation of your crypto or stock gain and your QOF investment, and have your preparer complete Forms 8949 and 8997. Verify the current forms and requirements with your tax advisor, as these can be updated.
Should I plan my QOF investment before selling my crypto or stock?
It's wise to plan ahead. While you have 180 days after realizing the gain, identifying a suitable QOF and completing the investment process takes time, so planning before or around your sale helps ensure you can invest comfortably within the window. For a planned stock or crypto liquidation, lining up potential QOFs in advance means you're ready to act once the gain is realized, and you can choose thoughtfully rather than scrambling near the deadline. So while not required before selling, advance planning reduces the risk of a rushed, last-minute decision or a missed deadline. So consider identifying suitable QOFs early (with your advisor), particularly for a planned sale, so you can invest deliberately within the 180 days. Preparation makes meeting the deadline easier and supports a better fund choice — especially valuable for large securities or crypto gains where the tax at stake is significant. Coordinate the timing with your CPA.
Who benefits most from OZs for crypto and stock gains?
A broad audience the 1031 can't serve: tech employees and executives (with appreciated company stock — RSUs, options, ESPP shares — facing large gains, wanting to diversify tax-efficiently), crypto investors (with substantial realized digital-asset gains and no 1031 option, seeking deferral and potential tax-free growth), investors with concentrated equity positions (wanting to diversify out of a winning stock without an immediate tax hit), and anyone realizing a large securities gain (from a rebalance, liquidity event, or sale) who would otherwise simply pay the tax. So these audiences, lacking a 1031 option, find the OZ uniquely valuable for their gains. OZ investing for crypto and stock gains expands tax-deferral well beyond real estate investors — to the many people with significant securities or digital-asset gains. So the OZ serves a wide, otherwise-underserved audience seeking to defer and grow non-real-estate gains tax-efficiently.
Is an OZ better than just paying the tax on my stock or crypto gain?
For these gains, the comparison is really OZ vs. paying tax now (a 1031 isn't available). The OZ offers deferral of the original gain and potential tax-free growth on the new investment after a 10-year hold — meaningful benefits versus paying the tax and reinvesting less. The trade-offs are the OZ's long hold, illiquidity, and investment risk (the QOF must perform for the appreciation benefit to matter), and that the original gain is still eventually taxed at its recognition date. So for a stock or crypto gain, the OZ provides valuable deferral the 1031 can't, weighed against the simplicity and liquidity of just paying the tax. Whether it's better depends on the investment's merits, your time horizon, your liquidity needs, and your risk tolerance. So the OZ can be more tax-efficient for a performing, long-held investment, but it isn't automatically better — evaluate the investment on its merits and confirm suitability. This is educational, not a recommendation.
Does the gain have to be long-term to qualify?
Both short-term and long-term capital gains can generally be invested in a QOF — the OZ rules accept capital gains regardless of holding period for the deferral. However, the holding period affects the character and rate of the gain you're deferring (short-term gains are taxed at ordinary rates when recognized, long-term at capital-gains rates), so the holding period matters for the tax you'll eventually owe on the deferred original gain. For crypto especially, the holding period (whether the asset was held more than a year) determines whether the gain is short- or long-term. So while both short- and long-term capital gains can fund an OZ, the holding period influences the tax on the deferred gain. So confirm your gain's holding period and character with your CPA — it affects the eventual tax on the original gain, even though both types can be invested. Verify the current rules for your specific gains with your tax advisor.
What if I have many small crypto gains over the year?
Numerous crypto dispositions create a record-keeping and timing challenge, but each capital gain can, in principle, be eligible for OZ investment within its own 180-day window from its realization date. In practice, tracking many small realization dates and their separate deadlines is impractical, so investors often focus on substantial realized gains worth deferring. Pass-through gains (if your crypto activity flows through an entity) may have flexible 180-day start dates that simplify timing. Because crypto basis and frequent transactions are complex, working with your CPA to aggregate and characterize your gains, identify the meaningful amounts, and confirm the applicable deadlines is important. So with many small gains, focus on the substantial ones, keep thorough transaction records, and have your CPA help you identify the OZ-eligible amounts and deadlines. The mechanics are technical and time-sensitive — verify the current rules and your specific situation with your tax advisor before relying on an OZ election.
How does Baker 1031 help with crypto and stock gains?
We help investors with cryptocurrency and stock gains use Opportunity Zones — explaining why the 1031 won't work for these gains, how to reinvest securities and crypto gains in a QOF, how the 180-day rule applies, and what documentation you'll need — so you can defer (and potentially grow tax-free) gains the 1031 can't touch, accessing suitable OZ funds. QOF interests are offered through the broker-dealer, Aurora Securities, Inc. (member FINRA/SIPC), after a suitability review (typically for accredited investors). Baker 1031 does not provide tax or legal advice — your CPA confirms your gain's eligibility (capital-gain character, holding period, amount, and timing) and handles the reporting (Forms 8949 and 8997). We help you understand the OZ opportunity for your crypto and stock gains, plan around the 180-day window, and access suitable funds, coordinating with your CPA. This is educational information only — verify the current rules with your tax advisor.
Glossary
- Capital Gain
- The profit on a sale; the OZ-eligible amount from securities or crypto.
- Securities Gain
- A capital gain from selling stock, RSUs, options, or ESPP shares.
- Cryptocurrency Gain
- A capital gain from selling crypto held as a capital asset.
- Like-Kind Real Estate
- The 1031's requirement, excluding crypto and stock gains.
- Realization Date
- When the gain is recognized; starts the 180-day clock.
- 180-Day Window
- The period to invest a gain into a QOF.
- QOF
- Qualified Opportunity Fund, the OZ investment vehicle.
- Cost Basis
- What you paid; subtracted from proceeds to find the gain.
- Concentrated Position
- A large single-stock holding, diversifiable via an OZ.
- RSUs/Options/ESPP
- Equity compensation that can create capital gains on sale.
- Form 8949
- Where the gain and the QOF deferral election are reported.
- Form 8997
- The annual statement of QOF investments held.
- Holding Period
- How long an asset was held; affects gain character.
- Deferral
- Postponing the original gain's tax via the OZ.
- 10-Year Exclusion
- Tax-free appreciation after a 10-year QOF hold.
- Diversification
- Spreading out of a concentrated position via the OZ.
Sources & References
- IRS. Opportunity Zones Frequently Asked Questions
- IRS. Topic No. 409, Capital Gains and Losses
- Cornell Legal Information Institute. 26 U.S. Code § 1400Z-2 — Special rules for capital gains invested in opportunity zones
- IRS. About Form 8997, Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments
Disclosures
This article is published by Baker 1031 Investments, LLC for general educational purposes for accredited investors and is not an offer to sell or a solicitation of an offer to buy any security, nor is it tax, legal, accounting, or investment advice or a recommendation. Any securities offering is made solely through a sponsor’s private placement memorandum (PPM) following a suitability determination. Securities offered through Aurora Securities, Inc. (ASI), member FINRA / SIPC; Baker 1031 Investments is independent of ASI.
Oil & gas mineral and royalty interests and DST programs are speculative, illiquid securities sold only to verified accredited investors and involve substantial risk, including possible loss of principal, commodity-price and production-decline risk, lack of control, and the risk that an intended 1031 exchange fails to qualify for tax deferral. Whether a particular interest qualifies as like-kind real property is a fact-specific legal determination that varies by state and by the terms of the instrument. Tax results depend on your individual circumstances. Consult your own CPA and attorney before acting. Past performance does not guarantee future results.
