Tenants In Common Explained
A
tenants in common exchange is a type of
1031 exchange that serves as an alternative to sole ownership of investment property.
tenants in common exchanges offer several benefits to the property owner, including deferred tax.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.
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investment property investment and we will match you with a qualified
TIC advisor in your area.