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Forward 1031 Exchange · Florida QI

Florida Forward 1031 Exchange

Sell first, identify within 45 days, close on replacement within 180. The most common §1031 structure. Flat $799 fee, segregated escrow, $15M total insurance.

Start Your Exchange Florida 1031 Hub
$799 flat fee Same-day setup $15M total insurance

$5M Fidelity Bond + $10M E&O Insurance

Segregated Escrow Accounts

IRS-Compliant Exchange Documentation

How a Florida Forward Exchange Works

Three steps. Simple 1031 handles the QI mechanics. Your CPA handles the tax filings. Your title company handles the closing.

1

Engage Before Closing

Call us before your property sale closes. We open the exchange and prepare the agreement the same day. Once proceeds touch your hands, a §1031 is no longer possible.

2

Sell & Park Proceeds

At closing, exchange proceeds wire directly to our segregated escrow. You cannot constructively receive the funds. The 45-day identification clock starts the day of closing.

3

Identify & Close Replacement

Identify replacement property in writing within 45 days. Close within 180. We wire escrow funds directly to the replacement closing.

Is a Forward Exchange Right for You?

A short framework. Below that, links to the other three structures.

When It Fits

  • You are confident your property will sell on a defined timeline
  • You can identify replacement options within 45 days of closing
  • You can close on replacement within 180 days
  • You want the simplest, lowest-cost §1031 structure

When to Consider Another Structure

  • You need to lock in a specific replacement before selling — consider a reverse exchange
  • You need to build or improve replacement property — consider an improvement exchange
  • You want passive replacement without operating responsibility — consider a DST exchange

Other Florida Exchange Structures

Reverse Exchange

$1,500

Improvement Exchange

$1,500

DST Exchange

$799

Florida-Specific Considerations

How Florida treatment intersects with this forward exchange. Tax topics for your CPA — Simple 1031 handles QI mechanics only.

No Florida State Income Tax

Florida does not impose a state income tax on individual capital gains. A §1031 exchange defers federal capital gains and depreciation recapture — there is no separate state tax on the gain to defer. Your CPA can confirm the federal treatment on your return.

Documentary Stamp Tax (Transfer Tax)

Florida charges documentary stamp tax on deeds at $0.70 per $100 of consideration ($0.60 in Miami-Dade plus a discretionary surtax on non-single-family). This is a transfer tax handled by your closing agent — it is not an income tax and is not deferred by §1031.

No Florida-Specific 1031 Form

Florida has no state-specific §1031 form because there is no state income tax to track. Federal coordination is handled through Form 8824 on the federal return, prepared by your CPA. Simple 1031 provides the exchange documentation your CPA needs but does not prepare or file tax forms.

Scope note: Simple 1031 LLC is a Qualified Intermediary. We do not provide tax, legal, or investment advice. Work with a qualified Florida CPA for state filings and tax planning, and a real estate attorney for legal questions.

Florida Forward Exchange Pricing

Flat fee. Same in Florida as anywhere. No hidden charges, no state surcharges.

Flat Fee. No Surprises.

Florida Forward Exchange

Sell first, identify in 45, close in 180

$799 /exchange
  • Segregated escrow — your funds are never commingled
  • 24/7 client portal — track every deadline in real time
  • Dedicated exchange coordinator
  • IRS-compliant exchange documentation
  • 45/180-day deadline tracking & alerts
  • Same-day exchange agreement preparation
  • $5M Fidelity Bond + $10M E&O Insurance
Get Started

Fee deducted from exchange proceeds after your Florida property closes. Nothing out of pocket to start.

Florida Forward Exchange Questions

If you do not find your answer here, call us at (725) 224-5008.

No income-tax impact at the state level. Florida has no state income tax on individual capital gains, so your §1031 exchange defers federal capital gain and depreciation recapture only. The state's documentary stamp tax applies at closing — that is a transfer tax, not deferred.
Yes. All 50 US states are like-kind to Florida real estate for federal §1031 purposes. Common destinations from Florida are Tennessee, Georgia, Texas, and the Carolinas. Your CPA can advise on the destination state's tax treatment.
Same day. We send the exchange agreement electronically within minutes of your call. Florida title companies and closing attorneys are familiar with the §1031 process; coordination is direct.
No. Under Treasury Regulation §1.1031(k)-1(k), a party you have had a working relationship with in the prior two years — including your attorney or CPA — is a disqualified person and cannot hold exchange proceeds. The IRS requires an independent Qualified Intermediary.
Your exchange proceeds are held in segregated escrow — never commingled with operating funds or other clients' exchanges. Simple 1031 carries a $5M Fidelity Bond and $10M Errors & Omissions Insurance, and our escrow accounts use FDIC-insured banking partners.
Simple 1031 charges a flat $799 for the Forward exchange. Same flat fee in Florida as anywhere else — no state surcharge, no hourly billing. Fee deducted from exchange proceeds after closing.
No. Simple 1031 is a Qualified Intermediary, not a tax advisor. Your CPA prepares Form 8824 and any state-specific filings. We provide the exchange documentation your CPA needs.

Start Your Florida Forward Exchange

Tell us about your Florida property. We will respond within one business day.

Your information stays confidential. We respond within one business day. Or call now: (725) 224-5008.

Ready to Start Your Florida Forward Exchange?

Engage Simple 1031 before you close. Flat $799 fee. Nothing out of pocket to start.

Start Your Exchange Call (725) 224-5008