Home | 1.800.TIC.1031
4COMMERCIALREALESTATE.COM

Tenant In Common Explained


Tenant In Common Explained

A tenant in common is an investment in a single large commercial income real estate by multiple real estate investors, not as limited partners, but as individual real estate investors. Each real estate investor receives an individual deed at closing for his or her undivided percentage interest in the entire income real estate. A tenant in common exchange qualifies as a 1031 exchange according the internal revenue code. Internal Revenue Code allows for the reinvestment of proceeds into any like kind income real estate or income real estate. Tenant In Common exchanges forgo any economic gains taxes that may have been realized from such a sale. A qualified 1031 expert can help explain your options with investing in a tenant in common.

If you have recently sold, or are thinking of selling current investment income real estate, we can assist in matching you with a qualified 1031 expert. Contact us today for a free consultation.