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1031 Education TIC – Tenant In Common is a special type of transaction that qualifies as a 1031 tax-deferred exchange replacement property. A TIC is a percentage ownership of a large piece of institutional grade property, allowing real estate investors, in many cases, to exchange out of a self-owned and self-managed individually owned property into a percentage ownership of a larger, higher quality property, managed by a team of real estate management experts.
Examples of TIC real estate could include office buildings, shopping centers, apartment buildings, industrial properties, warehouses, raw land, and even oil and gas interests. A TIC is true real estate ownership, qualifying for a 1031 tax-deferred exchange, without the sellers having to locate the replacement property, and in many cases, dramatically increasing their net income. Long term success in real estate investing can potentially be achieved through a disciplined, powerful, and straight-forward process.
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