TIC Explained
A
TIC 1031 exchange permits
TIC 1031 property property investors to sell a
commercial property and defer tax payments by reinvesting the proceeds into a like-kind
TIC 1031 property or commercial properties. A tenants in common is a form of ownership that permits participants to enjoy the rewards of
commercial property ownership without participating in the ongoing management of a commercial property. A
TIC exchange yields an inherent interest in
commercial property and offers several benefits as a qualified
TIC 1031 exchange. Irs Section 1031 allows for the reinvestment of proceeds into any like kind
commercial property or commercial properties. TIC exchanges forgo any economic gains taxes that may have been realized from such a sale. A qualified
TIC 1031 realtor can help explain your options with investing in a TIC.
If you have recently sold, or are thinking of selling current investment commercial property, we can assist in matching you with a qualified
TIC 1031 realtor. Contact us today for a free consultation.