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1031 Tenant-In-Common (TIC) |
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TIC structures allow individual investors to purchase fractional ownership of investment-grade properties with profits received from a sale of another income-producing property. Investors have the extra benefit of deferring capital gains tax related with this exchange of property. The TIC investor then becomes a co-owner of the replacement property and owns a deed to its share. The process is referred to as a 1031 TIC Exchange. In addition to the advantage of favorable tax treatment, the TIC structure enables 1031 investors to own interests in properties that were previously accessible only to institutional investors.
Michael Franks' experienced real estate professionals are dedicated to sponsoring high-quality TIC transactions that provide stable monthly cash flow and potential for growth. We sponsor assets with a Tenant-In-Common structure that allows investors to:
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Eliminate the burden of active management
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Acquire undivided interests in institutional-quality assets
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Take advantage of the 1031 tax code in order to defer taxes
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