Tenancy In Common Explained

A 1031 exchange permits investment commercial real estate real estate investors to sell a commercial real estate and defer tax payments by reinvesting the proceeds into a like-kind investment commercial real estate or commercial real estate. 1031 tenancy in common exchanges are a form of commercial real estate asset ownership in which two or more persons have a fractional interest in an asset. A tenancy in common real estate investor has the same rights and benefits as a single real estate investor of commercial real estate.Completing a 1031 exchange with a tenancy in common interest ownership in a commercial real estate allows real estate investors 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 tenancy in common exchanges available to you, contact us today.