Using a 1031 Exchange to Buy Commercial Property in Tampa
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1031 Exchanges November 2026 5 Min Read

Using a 1031 Exchange to Buy Commercial Property in Tampa

How property owners defer capital gains taxes by rolling sale proceeds into Tampa Bay commercial buildings, retail, or land.

Report Highlights
  • A 1031 exchange lets you sell an investment property or land and defer federal capital gains taxes by reinvesting in another investment property.
  • You have 45 calendar days after closing your sale to identify replacement properties, and 180 days to close on the new purchase.
  • You must use a Qualified Intermediary (QI) to hold the funds between the sale and the new purchase.
Using a 1031 Exchange to Buy Commercial Property in Tampa

1. Planning Ahead for the 45-Day Window

The 45-day deadline to name your replacement properties goes by fast. Mark and Rachael start searching for commercial buildings, mixed-use properties, and land before your current property even closes, so you have solid options lined up on day one.

2. Choosing Between Single-Tenant & Multi-Unit Buildings

Some investors prefer a single-tenant triple-net (NNN) building where the tenant handles maintenance, while others prefer a two-building property—like 126 Ridgewood Ave in Brandon—where you can lease out multiple units.