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Tenants In Common Explained

Tenants In Common Explained

A 1031 exchange permits investment property owners to sell an investment property and defer tax payments by reinvesting the proceeds into a like-kind investment investment property or investment properties. 1031 tenants in common exchanges are a form of just such a like kind investment. tenants in common ownership is an investment in which two or more persons have a fractional interest in an asset. A tenants in common property owner has the same rights and benefits as a single property owner of investment property. 1031 tenants in common exchanges are typical exchanges that involve the same exact ingredients as any other sale or purchase, without the capital gains taxes. The seller simply elects to role their investment funds into a like kind investment, continuing their investment portfolio and stretching their wealth.

Contact us if you are interested in retaining the wealth of your current investment property investment and we will match you with a qualified TIC advisor in your area.

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