Tenants In Common Explained
A
tenants in common exchange is a type of
1031 exchange that serves as an alternative to sole ownership of investment property.
tenants in common exchanges offer several benefits to the property owner, including deferred tax.Performing a
1031 exchange allows property owners to use all of the proceeds from the initial sale of
investment property as leverage for entering into more lucrative
investment property deals. The advantages of entering into a
tenants in common are increased cash flow and diversified investment portfolios while deferring capital gains taxes at the same time.
If you recently sold an investment
investment property or you’re considering selling a current investment investment property, we can match you with a
TIC advisor that can assist you in facilitating the exchange process.