Tenancy In Common Explained
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1031 Exchange-TIC Info
Difficulty Finding NNN Property? Consider NNN Tenant in Common.
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A tenancy in common exchange is a type of 1031 exchange that serves as an alternative to sole ownership of commercial real estate. tenancy in common exchanges offer several benefits to the real estate investor, including deferred tax.Internal Revenue Code allows for the reinvestment of proceeds into any like kind commercial real estate or commercial real estate. Tenancy In Common exchanges forgo any economic gains taxes that may have been realized from such a sale. A qualified 1031 expert can help explain your options with investing in a tenancy in common.
If you have recently sold, or are thinking of selling current investment commercial real estate, we can assist in matching you with a qualified 1031 expert. Contact us today for a free consultation.
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