What are the benefits of a 1031 tax deferred exchange into a TIC (tenant in common)?
A 1031 exchange allows an investor to sell an investment property and defer capital gains and depreciation recapture taxes by reinvesting 100% of their equity into another “like kind” property of equal or greater value. Investors can use their existing property holdings to trade up into a larger, Tenant in Common property, which offers all the benefits of real estate investment while eliminating the headaches of day-to-day property management.
