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Tenants In Common Explained


1031 tenants in common exchanges are a form of commercial real estate asset ownership in which two or more persons have an undivided, fractional interest in the asset. Each co-real estate owner receives an individual deed at closing for his or her undivided percentage interest in the investment. tenants in common exchanges qualify as a type of 1031 exchange and thus offer several benefits to the real estate owner, including deferred capital gains taxes on all like kind investment exchanges. Completing a 1031 exchange with a tenants in common interest ownership in a commercial real estate allows real estate owners not only to defer their capital gains taxes, but also to upgrade their investment commercial real estate into larger, institutional-grade commercial real estate.

If you are interested in learning more about tenants in common exchanges available to you, contact us today.




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