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Tenant In Common Explained

A 1031 exchange permits investment real estate investors to sell an income real estate and defer tax payments by reinvesting the proceeds into a like-kind investment income real estate or income real estate. 1031 tenant in common exchanges are a form of just such a like kind investment. tenant in common ownership is an investment in which two or more persons have a fractional interest in an asset. A tenant in common real estate investor has the same rights and benefits as a single real estate investor of income real estate. 1031 tenant in common 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 income real estate investment and we will match you with a qualified 1031 broker in your area.