Own Luxury Homes®
Own Luxury Homes® Business Sale Proceeds Real Estate Index™
Own Luxury Homes® Business Sale Proceeds Real Estate Index™: $10M business sale: CA 13.3% = $1,330,000 vs. FL $0. $50M: CA = $6,650,000 vs. FL $0. 2+ year FL domicile required before CA/NY origin business sale. Asset sale with real property: 1031 exchange defers gains on real estate component. QSBS Section 1202 + FL domicile: $0 state tax on qualifying C-corp stock gains. Own Luxury Homes® 12-Point Agent Integrity Audit™.
Own Luxury Homes® Business Sale Proceeds Real Estate Index™
The sale of a privately held business is the defining wealth event for most American entrepreneurs — and decisions made in the 12-24 months before the sale determine whether proceeds are deployed optimally or partially returned to the state. Florida domicile before a business sale eliminates state capital gains entirely. The math is simple; the timing requires discipline.
01 — Business Sale State Tax by Domicile
| Sale Net Gain | CA Tax (13.3%) | FL Tax (0%) | NY Tax (10.9%) | Domicile Savings CA→FL | Real Estate Equivalent |
|---|---|---|---|---|---|
| $5M | $665,000 | $0 | $545,000 | $665,000 | Down payment on $3.3M Palm Beach home |
| $10M | $1,330,000 | $0 | $1,090,000 | $1,330,000 | Full purchase price of entry-level Jupiter home |
| $20M | $2,660,000 | $0 | $2,180,000 | $2,660,000 | Naples oceanfront estate |
| $50M | $6,650,000 | $0 | $5,450,000 | $6,650,000 | Palm Beach oceanfront primary home |
| $100M | $13,300,000 | $0 | $10,900,000 | $13,300,000 | Multiple significant real estate assets |
Asset sale: real property included in the business can be 1031-exchanged into replacement real estate, deferring capital gains on the real estate component while the rest is taken as taxable income.
Stock sale: proceeds are all capital gain on the stock; no 1031 opportunity; entire gain subject to state capital gains tax based on domicile.
For a business owner with significant commercial real property in the company, an asset sale with 1031 exchange of the real property component can defer an additional $500K-$5M+ in capital gains independent of the domicile savings.
Brown, Ryan. “Own Luxury Homes® Business Sale Proceeds Real Estate Index™.” Own Luxury Homes®. https://www.ownluxuryhomes.com/markets/national/research-indices/business-sale-real-estate-indexMedia: ownluxuryhomes.com/connect · 407-900-7030
"The introduction Own Luxury Homes® makes is to a specialist with documented closing history in your specific market — not the county, not the metro, the submarket you're actually selling or buying in. That's the standard we verify before your name goes anywhere."
— Ryan Brown, Principal Broker & CEO, Own Luxury Homes® (FL License BK3626873)