One of the most overlooked 1031 replacement options? Mineral rights.
Everyone focuses on the building above the dirt… almost no one looks at the value under it.
Mineral rights (oil, gas, water, aggregates, royalties) are real property—and they count for 1031.
They can:
✅ Produce passive royalty income
✅ Diversify outside traditional CRE
✅ Help you hit your identification window fast
Most investors never even consider it.
If you’re in a 1031 and exploring replacement properties, don’t ignore what’s beneath the surface. Educational conversation with Thomas Brachey, PMP