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Tenancy In Common Explained


A tenancy in common exchange is a type of 1031 exchange that serves as an alternative to sole ownership of commercial real estate. tenancy in common exchanges offer several benefits to the real estate retiree, including deferred tax.The theory behind internal revenue code is to allow the real estate retiree to reinvest the sale proceeds into another commercial real estate, foregoing any economic gains that may have been realized from the sale. A qualified 1031 advisor can help explain your options with investing in a tenancy in common.

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