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Florida

1031 Exchanges

Florida 1031 Exchange Rules

There isn't anything particularly unique about conducting a 1031 exchange in Florida compared to other states in terms of the federal tax code. The rules and processes for a 1031 exchange, as outlined by the IRS, apply uniformly across all states. This means that whether you're exchanging a property in Florida or in another state, the fundamental requirements remain the same: the properties involved must be held for productive use in a trade or business or for investment, and they must be of like-kind.

Florida State Tax Information

Florida does not have state or local capital gains taxes. The Combined Rate accounts for the Federal capital gains rate, the 3.8 percent Surtax on capital gains, and the marginal effect of Pease Limitations on itemized deductions, which increases the tax rate by 1.18 percent.

Florida does not have a state income tax.

State Rate

0.00%

Local Rate

0.00%

Combined Rate

25.00%

Deductions

None

1031 Exchange Companies in Florida

CDEC 1031 Exchange
deferred.com
Verified

New York, NY

Founded in 1989, Chicago Deferred Exchange Company ("CDEC") is one of the oldest and most experienced Qualified Intermediaries in the country and is part of Wintrust Financial. CDEC has commented before the IRS National Office on important industry issues and is a nationally recognized authority on Section 1031 Like-Kind Exchanges. CDEC applied for, and received, several Private Letter Rulings from the Internal Revenue Service, as well as rulings from the City of New York Department of Finance, the State of New Jersey and the District of Columbia. A separate Qualified Trust Account is created for every client on every transaction. Funds held in trust, for the benefit of our clients, are segregated from creditors' claims by operation of law.
Starker Services, Inc.
deferred.com
Verified

Los Gatos, CA

Starker Services Incorporated is the nation's oldest, largest, and most experienced independent qualified Intermediary firm, successfully completing thousands of exchanges each year. Formed following the landmark Starker tax court decision, our sole function is to provide a staff of highly trained professionals available to discuss exchange strategies and prepare accurate documentation supporting all forms of tax deferred exchanges. Every major real estate firm has used Starker to counsel their clients in the strategies which may be available on the sale of real or personal property.
1031 Specialists
deferred.com
Verified

Denver, CO

We are the 1031 Specialists trusted by savvy investors to facilitate fast, transparent, and error-free 1031 exchange transactions.Ultra-responsive. Client first. Sophisticated.With 1031 Specialists, clients get the exchange experience they deserve.
Plenti 1031 Exchange
deferred.com
Verified

Carlsbad, CA

Just a few clicks away from easy, simple, answers and tax savings...the only investor friendly 1031 firm with technology to safeguard and streamline your exchange.
Destin Title Exchange Company
deferred.com
Verified

Destin, FL

Destin Title Exchange Company, headquartered in Florida, operates under the name McNeese Title. The company boasts over 20 years of experience on the Emerald Coast and a staff collective expertise exceeding 300 years in various fields including real estate closing, real estate law, course instruction, 1031 exchanges, and both residential and commercial real estate transactions. They claim proficiency in handling nearly any type of closing transaction. Additionally, they are a member of the Federation of Exchange Accommodators.
1031 Exchange Connection, Inc.
deferred.com
Verified

Bonita Springs, FL

1031 Exchange Connection, Inc., based in Bonita Springs, Florida, operates as a Qualified Intermediary to facilitate 1031 exchanges, helping clients defer capital gains taxes on like-kind real estate investments. The company distinguishes itself by having a licensed CPA with expertise in real estate tax strategies as part of its team. They ensure the security of client funds by maintaining them in separate, non-commingling accounts throughout the transaction process. Additionally, 1031 Exchange Connection is bonded and insured, providing further protection for its clients. They offer services both locally in Florida and nationwide.
Affiliated 1031 LLC
deferred.com
Verified

Coconut Grove, FL

Atlas 1031 Exchange, LLC
deferred.com
Verified

Naples, FL

Atlas 1031 Exchange, LLC, headquartered in Florida, specializes in providing qualified intermediary services for both domestic and international clients involved in 1031 tax-deferred real estate exchanges. The company handles a variety of exchange types including forward, reverse, simple, and complex transactions. The president and founder, Andrew Gustafson, is a Certified Exchange Specialist with extensive experience, having facilitated over 2,900 exchanges since 2003. He founded Atlas 1031 Exchange in 2007 after co-founding Old South 1031 Exchange Services in 2003. Vice President Peter Tomlin brings expertise from a background in strategy consulting and private equity, along with engineering. The company emphasizes security and compliance with IRS regulations, offering services such as Qualified Escrow Accounts with FDIC security and maintaining transparency. The team includes other Certified Exchange Specialists, and they work closely with an advisory board of CPAs, attorneys, and title companies.
FEC Exchange Services, LLC
deferred.com
Verified

West Palm Beach, FL

Katrina Walton and Associates Intermediary Services, LLC
deferred.com
Verified

Monticello, FL

Midland 1031
deferred.com
Verified

Fort Myers, FL

The Private Exchange Group, Inc.
deferred.com
Verified

Coral Springs, FL

The Private Exchange Group, Inc., based in Florida, specializes in facilitating 1031 exchanges, allowing real estate investors to defer 100% of Capital Gains and Depreciation Recapture taxes, as well as most state capital gains taxes. This tax deferment helps investors preserve the value of their investments by reinvesting in larger or more profitable properties. The company outlines several strategic benefits of 1031 exchanges including consolidation of properties for easier management, diversification into different types of properties, increasing cash flow by acquiring better-performing assets, and facilitating the relocation of investment properties to align with personal or business moves. Notably, The Private Exchange Group, Inc. is not a member of the Federation of Exchange Accommodators.
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