1031 Exchange in Florida
1031 Exchange · Tampa
1031 Exchange in Tampa, FL
Tampa Bay landlords defer the federal gain (no Florida income tax) and move into passive DST income.
$376,000Median value
-4.2%Year-over-year
5.25–6.25%Illustrative cap rate
Deferring the tax on a Tampa sale
A 1031 exchange lets Tampa investors sell appreciated real estate and reinvest into like-kind replacement property — commonly a Delaware Statutory Trust — deferring federal and Florida capital-gains tax while moving from active landlording to passive, institutional real estate.
Frequently asked questions
Does Florida tax capital gains?
No. Florida has no personal income tax, so real estate capital gains aren't taxed at the state level. The federal bill — up to 23.8% on the gain — still applies and can be deferred with a 1031 exchange.
Why use a 1031 exchange in a no-income-tax state like Florida?
The federal tax on a large gain is significant on its own. A 1031 into a DST defers that federal tax and lets you exit active management for passive, institutional real estate.
Does Florida recognize 1031 exchanges?
With no state income tax to conform, federal 1031 treatment controls, and a qualifying exchange defers the federal gain in full.
Considering a 1031 exchange in Tampa?Talk to an advisor