Tenant In Common (tic) Explained
A
tenant in common (tic) exchange is a type of
1031 tax exchange and serves as an alternative to sole ownership of real estate. It is an investment in a single large commercial
real estate by multiple [! =include11!].1031
tenant in common (tic) 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
real estate investment and we will match you with a qualified
1031 tax exchange company in your area.