Tenants In Common 1031 Information

1031 Exchange Properties
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1031 Exchange Experts
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1031 Exchange-REIT
Learn about 1031-REIT Exchanges. Exchange into a REIT 100% Tax Free!
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1031 Oil and Gas
Increase Cash Flow, Decreased Risk, Inflation Hedge, Diversification.
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1031 Exchange-TIC Info
Difficulty Finding NNN Property? Consider NNN Tenant in Common.
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1031 Exchange Requirement

Four requirements for all 1031 exchanges and tenants in common tic exchanges:

One hundred percent of the value of the relinquished investment property must be reinvested in the like kind investment property or investment properties at the time of the exchange.

The amount of equity held in the relinquished investment property must be less than the amount of equity held in the new, replacement investment property or investment properties.

Third, each property investor must use a Qualified Intermediary (QI) to oversee the transaction. A QI is a qualified individual that prepares the paperwork, holds all proceeds from the transaction, and provides any technical advise on the exchange process.

Finally, all 1031 exchanges require the exchange of like kind investment property for other like kind property. A definition of such may be found in internal revenue code.

For more information on 1031 exchanges or tenants in common tic exchanges, or to be put in contact with a licensed 1031 realtor, contact us today!

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