1031 Equity Advisors : 1031 tic exchange 1031 exchange nv 1031 exchange law tax

1031 Equity Advisors is a leading 1031 exchange company and real estate investment consultancy. We assist and advise clients on their 1031 exchanges in Las Vegas, NV San Diego, Los Angeles, San Francisco, Oakland, and Orange County, California and we can consult by phone nationally to discuss your 1031 exchange. Our 1031 exchange specialists will discuss 1031 exchanges, 45 day identification period, depreciation recapture, boot tax, strategies for full tax deferral and 1031 replacement property options. 1031 replacement properties may include: Triple Net Lease (NNN), multi-family (apartments), office, industrial, national credit tenant retail shopping centers, and self-storage properties. A 1031 exchange specialist will help you understand cap rates, NNN (Triple Net) leases real estate market conditions, and asset management. Many of these properties are structured for co-ownership, also known as "tenants in common" (TIC) investments or 1031 TIC exchanges. A 1031 exchange advisor will discuss the benefits and disadvantages to 1031 tic exchanges, and address all of your 1031 exchange questions.

The 1031 TIC Solution:

1031 Tenant-In-Common(TIC) Properties are relatively new. IRS Revenue Procedure 2002-22 states that acquiring a fractional tenancy in common interest in a new property, such as an office building, apartment building, shopping mall, or even an oil and gas interest, may qualify as a 'like kind' exchange. This type of "1031 exchange" replacement property may provide substantial tax savings and allows a seller to re-invest in institutional quality and professionally managed real estate, without the day-to-day pressures of dealing with multiple tenants, service providers, maintenance and repairs. Majority of TICs are structured as securities and therefore certain requirements apply for investors as well as representatives offering them. Each TIC will have unique characteristics, and may be much more complicated to evaluate than traditional real estate. We highly recommend you discuss your specific situation with an exchange advisor to help you make a fully informed decision for your 1031 exchange.

Tenant-in-Common Benefits:

TICs can provide a professional managed, institutionally funded "turn-key" real estate solution with many benefits to the individual investor such as:

Achieve higher net cash flow with less liability (non-recourse debt)
Creates access to a larger pool of higher-quality, institutional-grade investment properties
Allows investors with limited funds to enjoy geographic diversification
Enables investors to trade time and labor intensive properties for more passive forms of real estate ownership
Triple-net lease structure provides stable returns
Interest can be transferred the same as sole ownership property
Eliminate management obligations
Generate renewed tax deductions that permit greater tax savings
Benefit from the extensive due diligence performed

Tenant-in-Common Risks:

Tenant-In-Common interests are only available to accredited investors
Tenant-In-Common interests are subject to the usual risks of real estate
Tenant-In-Common interests' cash flows and returns are not guaranteed
Tenant-In-Common interests involve fees that may offset tax savings
Tenant-In-Common interests are generally illiquid. There is currently is no secondary market
Tenant-In-Common interests require a high level of due diligence
Tenant-In-Common interest risks include failure to meet required completion deadlines as well as the potential lack of cash flow
An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities, including tax penalties.
The risks of investing in real estate in general, including the potential for value loss
The subsequent sale of TIC interests may only be possible at a significant discount to the net asset value of the undivided interest of the real estate