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Leah Badach, 1031 Exchange Specialist in Florida

1031 Exchange Specialist Florida

Certified Exchange Specialist

The Sontag GroupThe Sontag Group

Florida's trusted qualified intermediary for seamless 1031 tax-deferred exchanges on rental condos, vacation properties, commercial buildings, and multi-family investments.

10+
Years
5,000+
Exchanges
$1B+
Facilitated

1031 Exchanges in Florida's Booming Real Estate Market

Florida's real estate market has experienced explosive growth, driven by population influx, favorable tax policies, and strong demand for both residential and commercial investment properties. From Miami's luxury condo market and Orlando's vacation rental properties to Tampa's emerging tech corridor and Jacksonville's multi-family investments, Florida offers diverse opportunities for 1031 exchange investors looking to grow their portfolios tax-efficiently.

One of Florida's biggest advantages for real estate investors is the absence of a state income tax. This means Florida 1031 exchange investors only face federal capital gains taxes and the 3.8% Net Investment Income Tax, resulting in effective rates around 23.8% compared to 30-35% in high-tax states. Many investors from New York, New Jersey, and California use 1031 exchanges to move their real estate equity into Florida, simultaneously deferring capital gains taxes and repositioning into a tax-friendlier state for ongoing income.

Popular Florida 1031 exchange strategies include exchanging Airbnb vacation rentals in the Keys or Destin for traditional long-term rentals, swapping single-family rentals for larger multi-family buildings in growing markets like Tampa and Jacksonville, and exchanging commercial properties along I-4 or I-95 corridors. Leah Badach helps Florida investors with all exchange types, including forward, reverse, DST, and construction improvement exchanges, with particular expertise in cross-state exchanges for Northeast investors moving equity south.

Florida 1031 Exchange FAQ

Common questions from Florida investors

Does Florida have a state capital gains tax?
No. Florida has no state income tax, which means your 1031 exchange only defers federal taxes (up to 23.8% including NIIT). This already makes Florida one of the most tax-friendly states for real estate investors.
Can I 1031 exchange a Florida vacation rental?
Yes, as long as the vacation rental is held primarily for investment. Short-term rentals, Airbnb properties, and seasonal rentals all qualify if they are not used as your personal residence for more than 14 days per year or 10% of rental days.
What are the 1031 exchange deadlines?
You have 45 days from closing to identify potential replacement properties and 180 days total to close on the replacement property. These deadlines are strict and cannot be extended.
Can I exchange a New York property into a Florida one?
Yes, this is one of the most popular 1031 exchange strategies. Investors routinely exchange properties from high-tax states like New York into Florida to defer gains and benefit from no state income tax on future rental income.
What is a DST 1031 exchange?
A Delaware Statutory Trust is a pre-packaged investment qualifying as like-kind replacement. DSTs are popular with Florida retirees who want passive income without managing properties directly.
How much does a 1031 exchange cost?
QI fees typically range from $750-$1,500 for a standard forward exchange. The tax savings almost always far exceed the fees, especially for investors moving from high-tax states.
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