Rules & Timelines – IPX1031

What Is a 1031 Exchange in Florida

IPX1031 offers you a comprehensive guide on how to do 1031 Exchanges in Florida, with insights into tax-deferral benefits, rules, and strategies for real estate investment property.

1031 Exchange Rules in Florida

Investors can defer capital gains taxes on Florida real estate investment sales via IRC Section 1031. 1031 Exchanges are part of the Federal Tax Code, and Florida recognizes 1031 Exchanges for real estate transactions. Florida follows all federal 1031 Exchange rules, regulations and timelines allowing investors to defer capital gains on the sale of qualified property if exchanged for like-kind property.

There are many great investment opportunities for tax deferral in Florida. We see many investors using 1031 Exchanges for property such as short term rental vacation properties, retail, mixed use, multifamily and more. If you considering a Florida 1031 Exchange, reach our to our Florida 1031 experts at IPX1031 for any questions or to get started.

What is a 1031 Exchange

1031 Exchanges in Florida allows an investor to sell investment property, reinvest the proceeds in new investment property, and defer capital gain and other taxes associated with the sale, as long as all rules and regulations are followed.​

As a general rule of thumb, to avoid paying any capital gain taxes in any Florida exchange, the investor should always attempt to: 1) purchase equal or greater in value 2) reinvest all of the equity in the Replacement Property and 3) obtain equal or greater debt on the Replacement Property.

Types of Properties that Qualify for a 1031 Exchange in Florida

To qualify as a 1031 Exchange, the Relinquished and Replacement Properties must be qualified “like-kind” properties and the transaction must be properly structured as an exchange. “Like-kind” Relinquished Property and Replacement Properties must be real property that has been and will be held for productive use in the investor’s trade or business or for investment. Examples of popular like-kind property in Florida may be hotels, storage facilities, qualifying rental vacation property, nursing homes, strip malls, golf courses, office buildings and parking lots.

Hotels & Hospitality




Rental & Vacation Homes


Mixed Use


How to Do a 1031 Exchange of Property in Florida

A 1031 Exchange transaction in Florida, like every 1031 Exchange transaction nationwide, requires planning, expertise and support. Here’s a checklist outlining key steps in your exchange:


  1. Choose your 1031 Qualified Intermediary (QI) – IPX1031, as your Qualified Intermediary (QI), will prepare the documentation for the 1031 Exchange, and most importantly, safeguard your exchange funds
  2. Consult with your tax professionals
  3. Include Cooperation Clause language in your purchase and sale agreement
  4. IPX1031, your QI, prepares your exchange documents
  5. Start searching for Replacement Property
  6. Sign all documents IPX1031, your QI, prepares
  7. Sell your Relinquished Property
  8. Identify your Replacement Property
  9. Enter into contract on Replacement Property
  10. Contact IPX1031, your QI, once Replacement Property escrow is opened
  11. Close on Replacement Property
  12. IPX1031, your QI, transfers funds to complete your purchase
  13. Your exchange is complete

Ready to Get Started on Your 1031 Exchange In Florida?

Ready to Get Started on Your 1031 Reverse Exchange in Florida?

1031 Exchange Florida Timeline

For your 1031 Exchange in Florida here are the key things you need to know – from the timeline process, deadlines, and other requirements:


  • Property must be held for investment
  • Buy Replacement Property for equal or greater than sold for, reinvest all proceeds and replace the value of the debt
  • Identify Replacement Property within 45 days of close of sale
  • Purchase Replacement Property within 180 days of close of sale
  • Must sell and buy property that is considered “like-kind” to each other
  • Process must be handled by a Qualified Intermediary (QI) like IPX1031

Selecting a Qualified 1031 Exchange Intermediary in Florida

IPX1031 is your expert Florida Qualified Intermediary, serving Florida and additionally offering Qualified Intermediary service in all states nationwide. A Qualified Intermediary will hold your exchange funds, creates the exchange of properties and prepares all exchange documents.

Your Qualified Intermediary is critical to your exchange and your choice of a Qualified Intermediary should not be taken lightly. When choosing a Qualified Intermediary, the two most critical factors for evaluation are safety and security of exchange funds and competency of staff. Financial Assurances for your funds, Safety and Security for the transfer of your funds, Reputation, Expertise and Strength are all critical.

Keep in mind ‘who’ can act as your Qualified Intermediary. Anyone who has acted as your employee, attorney, accountant, investment banker or broker, or real estate agent or broker within the two year period before the date of the transfer of the Relinquished Property is disqualified from being a Qualified Intermediary.

Also, your Qualified Intermediary cannot provide tax or legal advice. Always talk to your legal and tax advisors to determine what is best for your individual situation.

IPX1031 will work with you and can consult with your team of advisors below.


Tax Advisors


Financial Planners

Commercial Brokers


Title/Escrow/Settlement Agents


IPX1031 Exchange Offices in Florida.

PH: (904) 461-9977   TF (877) 494-1031
FAX:  (904) 461-0311  TFF:  (888) 434-7919

3505 US Highway 1, Suite 2, St. Augustine, FL 32086
13800 NW 14th St, Suite 190, Sunrise, FL 33323
2400 Maitland Center Pkwy, Suite 110 Maitland, FL 32751
2203 N Lois Ave, Suite 450 Tampa, FL 33607
9100 S Dadeland Blvd, Suite 904, Miami, FL 33156
700 South Palafox Street, Ste 205A, Pensacola, FL 32502

Learn more about each of our Florida Exchange experts below:

Claudia Kiernan

Claudia Kiernan

Virginia, West Virginia & Florida

Claudia is located in IPX1031’s St. Augustine office and she manages the Southern and Southeastern regions.

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Sangeeta Banerjee

Sangeeta Banerjee

South Florida

Along with a law degree, Sangeeta brings over 13 years of combined 1031 and title experience, allowing her to provide informative education and comprehensive 1031 solutions.

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Luke Hays

Luke Hays

Alabama, Tennessee & Mississippi

Luke is located in IPX1031’s Nashville office where he specializes in Real Estate Exchanges.

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Let's Talk About Your Specific Florida 1031 Needs

Customized solutions for your 1031 investment and business goals.

Is there an IPX1031 office in Florida near me?

IPX1031, the national leader in 1031 Exchange QI services, is pleased to offer service in all cities, counties, and areas throughout Florida, including:


Pembroke Pines


North Port







Plantation city





Daytona Beach

St. Petersburg

Coral Springs

Palm Coast


Port St. Lucie

Lehigh Acres

Town ‘n’ Country



Palm Bay

Fort Myers

Wesley Chapel

Cape Coral

West Palm Beach

Deerfield Beach





Delray Beach

Fort Lauderdale

Spring Hill

Pine Hills

Port Charlotte

Upper Florida






Miami Beach

Port Orange


Pompano Beach

Boynton Beach

Palm Harbor


Miami Gardens



Panama City


The Villages






Leon County

Boca Raton


North Miami

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