Tax Advisor and CPA Coordination Exchange Planning

We organize the property-side facts New Orleans 1031 investors need to hand their CPA or tax advisor. We are not tax advisors and we don't give tax advice. Every strategy decision — rule selection, boot exposure, entity structuring — belongs to your CPA or tax attorney. Our job is making sure they have clean information to work with, whether the exchange involves one property or a spread of several across different corridors.

Why This Coordination Role Actually Matters

A lot of exchange problems come from facts arriving late, not from bad tax advice. A CPA who gets a closing statement two days before a filing deadline, or finds out about a Louisiana notary's unusual proceeds routing after the fact, is working with less time than they need. We keep a running file of property facts, dates, and open questions so your advisor gets a clear packet instead of a scattered email chain. That habit matters even more on an exchange spread across multiple parishes, since each closing can generate its own set of documents on its own schedule.

Facts We Track for the File

We document the relinquished property sale details, the identification list and its delivery date, the replacement property's purchase details, any financing terms that might affect boot exposure, and entity or title vesting questions if you're holding property through an LLC or other structure. None of this is advice — it's the raw record your CPA needs to do their own analysis. On a Louisiana LLC holding property inside a family succession, we also note who has signing authority, since that question can affect how a closing document should be titled.

• Relinquished property sale price and closing date
• Identification list contents and delivery date
• Replacement property purchase price and closing date
• Financing terms on both sides of the exchange
• Entity or vesting questions flagged for advisor review

Boot Questions We Route, Not Answer

If a client's replacement property is lower in value or has less debt than the relinquished property, that can create boot — and boot is a tax question, not a sourcing question. We flag when the numbers suggest a potential mismatch so your CPA can look at it early, rather than discovering it while reviewing a closing statement after the fact. We never estimate a tax liability or tell a client what their boot exposure means for their return.

Local CPA and Out-of-State Advisor Coordination

Some of our clients use a local New Orleans CPA who's handled Louisiana notary closings before; others work with an out-of-state advisor unfamiliar with how title and closings run here. When that's the case, we prepare a plain summary of how the local closing process works — notary role, proceeds routing, parish-level recording — so the advisor isn't guessing at local mechanics while trying to focus on the tax analysis. That summary tends to save the most time on a multi-parish exchange, where an advisor unfamiliar with the area might otherwise assume every closing runs through the same office under the same local rules.

Getting the Timing Right

We flag key dates — the 45-day identification deadline, the 180-day exchange completion deadline, and the tax filing deadline that can affect how much time an investor actually has to complete the exchange if a return is filed early — so your CPA sees the calendar clearly rather than reconstructing it after the fact.

Property-Type Facts Your Advisor Needs by Category

A hospitality exit near the French Quarter comes with different facts to organize than a river-corridor industrial sale, and we tailor the packet accordingly. For hospitality, that means separating real property value from furniture, fixtures, and equipment before the file goes to your CPA, since personal property questions come up constantly on exchanges out of tourism-adjacent assets. For industrial, it means flagging any environmental remediation costs capitalized into the property's basis over the years, since that history can matter to the adjusted basis figure your CPA ultimately reports.

Common 1031 Exchange Questions

Do you give tax advice as part of this coordination?

No. We organize facts and flag timing issues. Every tax decision, including boot exposure and entity structuring, is your CPA's or tax attorney's call.

What is boot and why would it come up?

Boot generally refers to cash or debt relief received in an exchange that can trigger taxable gain. We flag when the property numbers suggest a possible mismatch, but the analysis itself belongs to your tax advisor.

Can you help my out-of-state CPA understand the local closing process?

Yes. We prepare a plain-language summary of how Louisiana notary closings and parish recording work so your advisor has the local context without having to research it themselves.

How early should my CPA be involved in the exchange?

Ideally before the relinquished property sale closes. Getting the file to them early gives them time to flag concerns instead of reacting to a closing already scheduled.

Do you communicate directly with my CPA?

Yes, with your authorization we relay facts and deadlines directly rather than routing everything through you, which cuts down on delay.

Does the packet look different for a hospitality exit versus an industrial sale?

Yes. Hospitality files need furniture, fixtures, and equipment separated from real property value, while industrial files need environmental remediation history flagged for basis purposes, and we build each packet around what that property type actually requires.

Does an out-of-state advisor need extra help with a multi-parish exchange?

Often yes. Each parish here can have its own closing customs and recording practices, and an advisor unfamiliar with the area may otherwise assume one closing process applies uniformly across the whole exchange.

Ready to organize the exchange file?