TIC Replacement Properties
If you're looking for a way to invest in an institutional type property with a minimum buy-in option, a Tenant-in-Common agreement may be right for you. As a co-owner, you and all the other owners receive the deed for a percentage of the property. Typical Tenant-in-Common, TIC, properties include shopping malls, restaurants, office buildings and apartment complexes. At TM 1031 Exchange we know TIC properties are attractive to clients looking for additional source of monthly income to exchange or replace properties through the IRS 1031 program, and for those looking for less hassle in their real estate management. We provide you with a listing of property surveys for a wide range of TIC opportunities. Nothing says stability like owning a property leased by the U.S. Government, a national retailer, or a Fortune 500 Company, all of which are available options. 1031 property exchanges are beneficial for several different reasons. Investing in a larger property may produce greater monthly income or cash flow. Larger properties may also generate greater tax benefits, and improve the return on investment. A 1031 exchange involving TIC properties is a great way to make a geographic shift. If you own an apartment building in Reno, Nevada, for example, you may be able to exchange that building for a share of a more expensive replacement unit in New York City where property tends to be more valuable. Exchanging your apartment building for a TIC shared unit is also a great way to reduce the hassle and headache of managing a building on your own. These are just some of the advantages of exchanging your property for a TIC property. To find out more, call us today at 1-877-4TM-1031.
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