1031 Exchanges for Florida Luxury Condos: A Practical Primer for High-Net-Worth Buyers

South Florida's luxury condo owners increasingly treat their residences as investment-grade assets, and 1031 exchanges give them a way to harvest gains without handing a large share to the IRS. This practical primer explains how Section 1031 works for Florida luxury condos, the key timelines and rules high net worth buyers must respect, and why the state's tax environment makes exchanges particularly compelling. It also outlines planning tips, pitfalls to avoid and advanced options for investors seeking both lifestyle and long term wealth preservation.