Tenants in Common 1031 Exchanges
A Tenants in Common 1031 Exchange allows persons with an undivided, inheritable, fractional interest in an asset to enter into a 1031 tax-deferred exchange. The exchanger must identify Like Kind property — not necessarily another TIC opportunity — to exchange into.
Because many people assume that Like Kind means “identical to,” they may mistake the investment opportunities open to them. Contact us to learn more about how you can sell your equity interest in an investment property or asset and exchange the proceeds into a new asset vehicle, suitable for your particular circumstances.