1031 Exchange Tax Deferred | Tenants in Common

A Tenant-in-Common investment, or TIC, is fractional ownership in an institutional-quality property such as an office building, shopping mall, or luxury apartment complex.

TICs can make money without all the hassles of residential rentals, so many burned-out landlords are seeking the benefits. Owners have all the benefits of owning real estate without the hassles of managing their own properties

A TIC replacement property enables the investor to participate in ownership with a minimum amount of investment dollars (Minimum investments in TIC properties start at approximately $200,000).

TIC exchange properties provide secure monthly income and stability without the management burdens. TIC investors receive their portion of cash flow, tax benefits, and appreciation, and get to vote on major property decisions, like when to sell the property.

One thing to keep in mind is that Tenants in common have no right of survivorship, meaning that if one owner dies, that owner’s interest in the property will pass by inheritance to that owner’s heirs, either by will or succession.

This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. 1031 Exchange Tax Deferred | Tenants in Common is brought to you by SimplifyEm Pay Rent Online and Property Management Software

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