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 Mary Ann 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 the qualified intermediary, like IPX thirty one 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 in the entire work So when it comes to financial strength, security of funds, and protecting your money in this completely unregulated industry, IPX is absolutely to none in the business.
If you have any questions about this or any other 1031 exchange topic, please visit our IPX website. IPX1031.com or contact me directly. I’m happy to help. Thank you.
