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Types of ExchangesBuild to Suit Exchange Business Asset Exchange Copyright Exchange Delayed Exchange Improvement Exchange Intellectual Property Like-Kind Exchange Multi Asset Exchange Parking Arrangement Partnership Exchange Patent Exchange Personal Property Property Owned by Foreign National Property Owned Overseas Reverse Exchange Tenant Common Exchange Vacation or Personal Use Property Exchange
Strategic Property
Exchanges, LLC 11353 Reed Hartman Hwy. Suite 300 Cincinnati, OH 45241 Toll Free: (800) 427-7212 Phone: (513) 412-3481 Fax: (513) 412-3482
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Tenant in Common Exchange TIC 1031 Exchange is a form of real estate asset ownership in which two or more persons have an undivided, fractional interest in the asset, where ownership shares are not required to be equal, and where ownership interests can be inherited. Each co-owner receives an individual deed at closing for his or her undivided percentage interest in the entire property. A TIC owner has the same rights and benefits as a single owner of property. These can be either a privately negotiated transaction between investors or may be a syndicated tenancy in common where uniform set of terms and conditions apply to any and all investors. Many syndicated TICs are treated as securities under federal security law. Why would I need a TIC Exchange? If you are interested in investing in larger scale investment grade investments that are professionally managed, such as shopping malls, office buildings, corporate headquarters and apartment complexes, these exchanges may be way to invest in such properties. Ownership in common stock in REITs does not qualify for 1031 exchanges. If you are no longer interested in actively managing your real estate investments, desire to continue to invest in real estate type investments and do not wish to pay income taxes on taxable gains on the sale of your existing real estate investments. Things You Should Know Is This Exchange Right For Me? How To Get Started Call our office at (513) 412-3483, our exchange coordinators are ready to discuss whether this type of exchange is right for you and how to get started. You may want to have your project details handy when we discuss your potential TIC Exchange.
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