Exchange Resource Group

Upcoming Classes with ERG

1031 Presentation & Roundtable, hosted by CPQ Group


Wednesday, April 19


Madison & Co Wash Park Office

1221 S Clarkson St #400, Denver, CO 80210


7:00 – 9:00pm


Ben Osborn:


The Basics of 1031 Exchanges and Q&A


April 24, 2023




10:00am – 11:00am (MST)


Caleb Ernst at ERG

Signup Link:

ERG Zoom Class Sign Up

2 Hr Advanced 1031 Exchange Topics CE, hosted by DMAR


Thursday, April 27, 2023


Zoom only


9:00am – 11:00pm


Lewis Shingleton: (303) 300-8485

2 Hr Advanced 1031 Exchange Topics CE, hosted by Guaranteed Rate


Tuesday, May 2, 2023


Hub Real Estate, 2261 E Drake Rd Ste 120, Fort Collins


10:00am – 12:00pm


Kristin Johnson, (303) 875-5686,

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Vacation Homes and Section 1031 Exchanges

Do they Qualify?

The general rule for 1031 Exchanges is that the relinquished and replacement properties must be held for trade, business or investment purposes.

So, what about vacation and second homes? Can they qualify as investment properties? The answer is yes, they can qualify as 1031 Exchange properties under certain circumstances. With the right planning and the assistance of Exchange Resource Group (“ERG”) and your tax preparer, you can maximize the potential of using your vacation or second home to achieve the tax-saving and wealth-building goals of a 1031 Exchange.

The Relinquished Property must:

  • Have been owned by you for at least two taxable years immediately prior to the exchange;
  • Have been used by you for not more than 14 days or 10% of the number of days the property was rented to other people (whichever is greater) in each of the preceding two years.

The Replacement Property must:

  • Be owned as an investment property by you for at two taxable years after completion of the 1031 Exchange;
  • Be used by you for no more than 14 days or 10% of the number of days the property was rented to other people (whichever is greater) in each of the two years immediately following completion of the 1031 Exchange. So, if you rent the property out for 200 days in a year, you can use the property, as a vacation home for yourself for 20 days, instead of 14, for that year.

Here at ERG, we are ready to assist you in every aspect of the 1031 Exchange as your QI and will be pleased to work with you and your tax professionals to achieve the best result for you!

Want more information?

Contact us here

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Employee Spotlight: Drew McCabe

Drew McCabe

Co-Founder, President

Prior to ERG, Drew was an exchange consultant with a nationwide qualified intermediary (QI) where he oversaw both forward and reverse exchanges and worked one-on-one with clients. After seeing the opportunity in the market, Drew went on to co-found a national QI, where he acted as Vice President of Operations. He oversaw the growth of the company from 4 employees and 1 office to 35 employees and 8 offices across the US.

Anticipating the real estate market decline, Drew and his partners sold to a national real estate conglomerate in 2006. Drew went on to found a private equity firm that focuses on residential investment real estate in the form of holdings and lending which he still manages and operates this firm today. Drew resides in Lakewood, CO with his wonderful wife, Shelby and 3 children.

Drew is active in the local community as a board member of 3 different non-profits. He earned his B.S. in Business Administration with a minor in Marketing from Colorado Christian University.

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