Internal Revenue Code 1031 offers the real estate investor a powerful tax deferral strategy in wealth management. The 1031 exchange allows property owners to dispose of an investment property without paying a capital gains or a depreciation recapture tax. Our affiliate 1031 service provider is among the best in the business, and you may even qualify for a No Cost 1031 Exchange.
A RealtyNet TIC 1031 Exchange gives investors the ability to diversify their 1031 Exchange into more than one property and to participate in potentially larger, institutional quality properties; maximizing the values of their portfolios. Although a tenant-in-common exchange (“TIC Exchange”) is not really a 1031 exchange in and of itself, it is an industry term used for the combined process of selling a relinquished property, utilizing a 1031 exchange, and acquiring a tenant-in-common interest in real property (see IRS Revenue Procedure 2002-22).
TIC properties offer many advantages to 1031 exchange clients, real estate brokers, and other investment professionals. The benefits of TIC ownership include: low investment minimums, larger institutional-type properties, passive income, simplicity, ability to diversify 1031 funds among multiple properties, and safety.