1031 Exchange Properties in New Orleans, Louisiana

1031 Exchange Properties in New Orleans, LouisianaIn New Orleans, Baton Rouge and surrounding communities in Louisiana, 1031 exchanges are used by individuals and companies owning eligible 1031 exchange properties to defer federal, state and recaptured depreciation taxes when 1031 exchange properties of equal or greater value are replaced within 180 calendar days. Internal Revenue Code Section 1.1031 represents an approved tax deferral strategy to defer the taxes that can represent 40% of the sales price. Rather than paying the tax dollars, the Internal Revenue Service allows those dollars to be deferred given 1031 exchange rules are followed. One of those rules is the use of a qualified intermediary to accommodate the 1031 exchange. 

The Certified Exchange SpecialistĀ® on staff has been providing qualified intermediary 1031 exchange services for professional advisers and their clients since 2003. We serve individual investors, businesses and nonresident aliens and foreign corporations throughout the United States who when selling 1031 exchange properties that generate a federal and state capital gains and recaptured depreciation tax. There are many types of 1031 exchanges including forward or delayed, simultaneous, reverse, build to suit and personal property exchanges.

Partial List of 1031 Exchange Properties Includes:

Prudent investment standards are used to place the 1031 exchange funds in secure, liquid interest bearing, non commingled accounts that require either a personal identification number or notarized signature for disbursement as in a Qualified Escrow Account. Each account is insured by Federal Deposit Insurance Corporation (FDIC) and exchange  proceeds can be placed in multiple banks. Atlas 1031 maintains a $250,000 Errors and Omissions insurance policy.

To learn more, Contact Us and sign up for our newsletter Exchange Tips and Information. Register for Twitter, Facebook or LinkedIn to receive IRS updates on 45 and 180 day extensions and pertinent Court rulings.