By: Threshold Management
As developers, we spend so much time thinking in terms of code, logic, and systems—but how often do we think about what happens to the assets we build in real life?
If you’ve invested in Florida real estate, you’re probably enjoying the sunshine, rental income, and zero state income tax. But there’s another layer you shouldn’t ignore: estate planning.
Let’s unpack Florida’s estate tax landscape, the myths, and what smart developers and tech professionals should do now to keep things optimized—even beyond life.
❌ First, the Myth: “Florida Has an Estate Tax”
Nope.Florida does not currently have a state-level estate tax or inheritance tax. That’s a major advantage if you own a home, rental, or portfolio here. But it doesn’t mean you’re completely off the hook.
🧾 What About the Feds?
The federal estate tax still applies—especially relevant if your total assets (properties, cash, stocks, crypto) exceed the federal exemption:
In 2024, the exemption is $13.61M per person, Anything above that can be taxed up to 40%. If you’re building real estate assets alongside your dev career or startup portfolio, this can creep up faster than you think.
🛑 Common Pitfalls Developers Fall Into
Assuming a will is enough
Wills go through probate. That’s public, slow, and often expensive.
Not holding properties in trusts or LLCs
These legal structures offer not just protection—but a smoother transition for your estate.
Failing to document asset ownership properly
Devs love automation. But when it comes to property titles and beneficiary designations, manual audits matter.
🛠️ How to DevOps Your Real Estate Planning
Let’s treat your real estate assets like a long-term deployment:
đź’ˇ Bonus Tip: Property Management = Infrastructure as a Service
If you don’t want to manually deal with tenants, maintenance requests, or inspections, think of property management companies like IaaS for your real estate.
A good one (like Threshold Management) will:
Handle ops 24/7
Report on performance monthly
Provide smooth transitions if something happens to you
Help you scale your portfolio like a pro
🧠Final Thoughts
Just like your GitHub repos or startup projects, your real-world assets need structure, visibility, and planning.
Florida’s no-estate-tax advantage is awesome—but it's not a substitute for smart estate strategy.
Don’t wait for a system failure. Document, secure, and delegate now.
💬 Have experience managing real estate as a developer? Ever built a property management app or automation tool? Let’s chat in the comments 👇
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