1031 Tenant In Common
Tenant in common (TIC) programs offer investors an opportunity to purchase partial interests in a range of properties. There are several advantages to TICs, especially for investors who do not want the management responsibilities of full ownership. Unlike timeshares where owners divvy up the year between them and the price of purchase doesn't necessarily reflect the true value of the property, an investor in a TIC is deeded ownership of his "portion" of the property, and the worth of the TIC directly relates to the property's market value. A TIC can be appealing to investors because it offers them the opportunity to get involved in investment quality properties that they might not be able to afford on their own. The selection of TICs is comprehensive and includes retail centers, office buildings, multifamily structures, and much more. TIC investments are often used to help investors diversify their property holdings while staying within their financial goals. A 1031 (TIC) tenant in common investment fulfills the requirements for a 1031 exchange. This means that you can have the taxes deferred on the money you make from the sale of a property if you reinvest that money in a TIC. As with any 1031 exchange, tenant in common exchanges have certain time and policy requirements that must be met. At TM 1031 Exchange, we offer access to TIC properties that are not available to the public. They generally go fast, so we notify brokers and investors as soon as a new TIC is made available. To learn more about the free services we provide investors, call 1-877-4-TM1031 or email team@tm1031exchange.com.
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