UPDATE: FinCEN Beneficial Ownership Information Requirement

Louisiana REALTORS® • December 27, 2024

On December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit reinstated the nationwide injunction halting further implementation and enforcement of the Corporate Transparency Act (CTA). The current order also prevents FinCEN from enforcing the Beneficial Ownership Information Reporting Rule.


In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force. However, reporting companies may continue to voluntarily submit beneficial ownership information reports.

 

To learn more about the decision, please see h: www.ca5.uscourts.gov/opinions/unpub/24/24-40792..pdf


For additional information regarding the state of the law and current litigation, please visit www.fincen.gov/boi. This is the official government site with key information regarding the BOI rule. 



NAR will continue to keep you updated.

Consumer Guide Update: State and Local Tax (SALT) Deductions

By Louisiana REALTORS® • July 28, 2025
NAR is pleased to share the latest consumer guide focused on state and local tax (SALT) deductions . This guide explains federal tax law changes that temporarily quadruple the amount of state and local taxes (SALT) that taxpayers can deduct and will make homeownership more accessible and affordable, especially for people in higher-tax states. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: Assistance Programs Real Estate Auctions Working with a Real Estate Attorney Making Your Home More Energy Efficient Buying a Historic Property Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on August 6, which will cover packing tips and tricks.

Now Accepting: 2026 At-Large Board of Directors Applications

By Louisiana REALTORS® • July 25, 2025
The Louisiana REALTORS® Board of Directors will elect six (6) LR At-Large Directors at its October 8th meeting. Qualifications and an application for the position can be found below.
Realtor helping home-buyers

A Breakdown of Top Client Questions REALTORS® Hear — And How to Respond

By Louisiana REALTORS® • July 16, 2025
From flood zones to hurricane season, Louisiana clients have big questions. Learn how REALTORS® can confidently respond with local insights that build trust and close deals.
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