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Tenant In Common Explained

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1031 Exchange-TIC Info
Difficulty Finding NNN Property? Consider NNN Tenant in Common.
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Tenant In Common Explained

A tenant in common is an investment in a single large commercial investment real estate by multiple real estate owners, not as limited partners, but as individual real estate owners. Each real estate owner receives an individual deed at closing for his or her undivided percentage interest in the entire investment real estate. A tenant in common exchange qualifies as a 1031 starker exchange according the internal revenue code. Internal Revenue Code allows for the reinvestment of proceeds into any like kind investment real estate or investment real estate. Tenant In Common exchanges forgo any economic gains taxes that may have been realized from such a sale. A qualified 1031 starker advisor can help explain your options with investing in a tenant in common.

If you have recently sold, or are thinking of selling current investment investment real estate, we can assist in matching you with a qualified 1031 starker advisor. Contact us today for a free consultation.

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