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TIC Explained


A 1031 exchange permits investment investment property property owners to sell an investment property and defer tax payments by reinvesting the proceeds into a like-kind investment investment property or investment properties. 1031 TIC exchanges are a form of investment property asset ownership in which two or more persons have a fractional interest in an asset. A TIC property owner has the same rights and benefits as a single property owner of investment property.Completing a 1031 exchange with a TIC interest ownership in an investment property allows property owners not only to defer their capital gains taxes, but also to use all of the proceeds from their sale to leverage into more valuable investment property investments.

If you are thinking of transferring any investment property, contact us today for more information on 1031 TIC exchanges.

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