Video Transcript
Let’s talk about 1031 Exchanges in the state of Louisiana. I’m pleased to let you know that when conducting a 1031 Exchange with the property that you’re selling in the state of Louisiana, there are no state specific requirements. Since 1031 is a section of the federal tax code, it is applicable to all fifty United States. So if you’re a customer that’s interested in selling a piece of real estate in Louisiana and want to buy real estate in Louisiana or any of the other forty nine states, DC, Guam, Northern Mariana Islands or US Virgin Islands, you’re perfectly fine doing that through a 1031 Exchange.
Now, as a reminder, when conducting an exchange, it’s really important to select a Qualified Intermediary, like IPX1031, to protect your funds in between the time you sell property and go out and buy property. One of the best things about working with IPX 1031 is that we are owned and backed by the largest provider of title insurance services (NYSE: FNF) in the entire world. So when it comes to financial strength, security of funds, and protecting your money in this completely unregulated industry, IPX1031 is absolutely second to none in the business.
Understanding the Louisiana 1031 Exchange Process
If you have any questions about the Louisiana 1031 Exchange process or any other 1031 Exchange topic, please visit our Louisiana IPX1031 web page at www.ipx1031.com/louisiana. We’re happy to help.
Click to visit Louisiana 1031 Exchange page