TIC Explained

A tax free exchange permits property property owners to sell an investment property and defer tax payments by reinvesting the proceeds into a like-kind property or investment properties. A tenants in common is a form of ownership that permits participants to enjoy the rewards of investment property ownership without participating in the ongoing management of an investment property. A TIC exchange yields an inherent interest in investment property and offers several benefits as a qualified tax free exchange. 1031 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 investment property investment and we will match you with a qualified tax free advisor in your area.