1031 TIC Explained

A 1031 tic is an investment in a single large commercial commercial real estate by multiple real estates, not as limited partners, but as individual real estates. Each real estate receives an individual deed at closing for his or her undivided percentage interest in the entire commercial real estate. A 1031 tic exchange qualifies as a 1031 tax exchange according the internal revenue code. 1031 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 commercial real estate investment and we will match you with a qualified 1031 tax realtor in your area.