TIC Advisor


1031 tenants in common exchanges are a form of property asset ownership in which two or more persons have an undivided, fractional interest in the asset. Each co-owner receives an individual deed at closing for his or her undivided percentage interest in the investment. tenants in common exchanges qualify as a type of 1031 exchange and thus offer several benefits to the owner, including deferred capital gains taxes on all like kind investment exchanges. 1031 Exchanges are typical property investments that involve the same exact ingredients as any other sale or purchase, without the capital gains. A tenants in common owner is increasing his or her selling and buying power by electing to reinvest any gains into a like kind property or properties. No other aspects of the transaction are affected.

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