Tenants in Common (TIC) Overview
Learn more about replacement properties in the form of Tenants in Common
In a Tenants in Common (TIC) structure an investor owns an undivided fractional interest in real property and shares pro-rata in all the expenses and income of the property as well as depreciation benefits. TIC real estate investors receive a recorded deed for their fractional interests in the property. 1031 exchange investors may find suitable replacement property in the form of tenants in common ownership. TIC offerings are often pre-arranged with financing allowing for a simpler and faster closing of 1031 exchange replacement property.
Click here to contact a Corcapa 1031 Advisor for more information on Tenants in Common Investments/1031 Exchange TIC Investments.
TENANTS IN COMMON RESOURCES
Tenants in Common for 1031 Exchanges
Tenants in Common Fractional Ownership
The acronym “TIC”, which stands for tenancy in common and tenants in common, refers to arrangements under which two or more people co-own a parcel of real estate without a “right of survivorship”. This type of co-ownership allows each co-owner to choose who will inherit his/her ownership interest upon death. By contrast, the type of co-ownership called “joint tenancy” requires that each co-owner’s interest pass to the other co-owners upon death. The broader terms “fractional ownership”, “shared ownership, and “co-ownership” encompass all arrangements involving two or more owners, including tenancy in common and joint tenancy. Learn more about the potential benefits of TIC investments for 1031 Exchange and common TIC questions investors ask.
Browse TIC Properties for 1031 Exchanges
Get access to Tenants in Common properties for your 1031 Tax Deferred Exchange.
Prospective clients can complete a quick form to receive current 1031 exchange TIC properties.
Once approved, you can login anytime and view current 1031 Exchange TIC properties.
1031 ADVISOR GUIDANCE
Our qualified team will provide guidance and recommendations based on your investment goals.