Tenancy In Common Explained
A 1031 exchange permits 1031 real estate real estate investors to sell a
commercial real estate and defer tax payments by reinvesting the proceeds into a like-kind 1031 real estate or commercial real estate. A tenants in common is a form of ownership that permits participants to enjoy the rewards of
commercial real estate ownership without participating in the ongoing management of a commercial real estate. A
tenancy in common exchange yields an inherent interest in
commercial real estate and offers several benefits as a qualified 1031 exchange. Completing a 1031 exchange with a
tenancy in common interest ownership in a
commercial real estate allows real estate investors not only to defer their capital gains taxes, but also to use all of the proceeds from their sale to leverage into more valuable
commercial real estate investments.
If you are thinking of transferring any commercial real estate, contact us today for more information on 1031
tenancy in common exchanges.