Want Access to TIC Properties Nationwide?
TIC properties have become an attractive option for 1031 Exchangors seeking to defer capital gains taxes and escape the headaches of traditional property management. The acronym “TIC” (which stands for Tenancy in Common) refers to arrangements under which two or more people own a fractional (or percentage) interest in real estate. Owners acquire true, deeded ownership of an investment grade property—without needing to go into debt to do it.
The Common Sense, No-Hassle Way to Re-Invest Your 1031 Proceeds into a TIC Property
TIC ownership has become such a popular form of ownership because, properly structured, it allows small and medium sized investors to own real estate that was previously available to only the wealthiest of investors. And when the purchase of a TIC is combined with the sale of less attractive investment property and a 1031 exchange, it can be a means of deferring capital gains liabilities and—in some cases—eliminating them altogether.
Every TIC property we offer is carefully screened for :
- Property Type suitability
- Favorable lease terms
- Strong Tennant profile
- Size and structure of the TIC
- Potential for resale
- 1031 exchange eligibility
A wide range of TIC properties are available!
A wide variety of tenant in common properties are available at TIC MLS
and RealtyNet Advisors, and we offer options with:
- Single and multi-tenant buildings
- Triple Net (NNN), Double Net (NN), and other net lease options
- Investment quality, nationally recognized tenants
- Industrial Complexes and Warehouses
- REIT (Real Estate Investment Trusts) Ownership
- Retail shopping malls
- Debt-free and leveraged properties
- Industrial complexes and warehouses.
- No cost 1031 exchanges (conditions apply) into a TIC property
- Regular income streams
- Resale market options
- Diverse property categories and geographic locations
- NO brokerage or other associated fees.
1031 Basics: Selecting a Replacement Property and the Role of a Qualified Intermediary
A Qualified Intermediary is the mechanism required by the IRS that allows the sale of property and the acquisition of a replacement property to qualify for deferral of capital gains taxes. In order for a 1031 Exchange to be considered valid under IRC “safe harbor“ Regulations, there must exist a written agreement between the seller of the relinquished property (who would otherwise need to pay Capital Gains tax) and the intermediary noting the seller’s intent to exchange into a replacement property. The agreement must expressly limiting the taxpayer's rights to control or benefit from the proceeds of the sale of the relinquished property, except that the money is used for the acquisition of the replacement property.
A Qualified Intermediary will assist you in acquiring your replacement property, but does not provide legal counsel, tax advice, or other related services to the Exchangor. Services usually provided by a Qualified Intermediary usually include:
- Coordination with the Exchangor to ensure a successful exchange.
- Preparation and/or co-ordination of the requisite documentation commensurate with acquiring the Replacement Property.
- Escrow assistance.
- Preparation of documentation related to the 1031 Exchange and the acquisition of a replacement property.
- Securing and managing the security of the proceeds from the sale of the relinquished property in an insured bank account while the exchange is in process.
- Disbursement of exchange proceeds at closing.
- Assistance in indentifying Replacement properties and holding the document of Identification of a Replacement Properties that must be sent by the Taxpayer.
- Submission of the exchange details as they pertain to the Exchange and the taxpayer’s records.
Read what our happy customers have to say!
After twenty years of supplementing my income with rental property, I was tired of the many hassles involved with tenants. I made my first 1031 tax free exchange in the year 2000 with RealtyNet. Since that time I have made six subsequent exchanges through this same firm and have found them to be honest and reliable. My life has become more tranquil and stress free with the certainty of regular income through monthly payments.Janet Shaw, Utah
Having worked in real estate for several years, I've seen many different real estate investment options. Four years ago when I first learned about TICs and RealtyNet, I was immediately intrigued by the concept of owning investment grade commercial property with such a low minimum investment hurdle ($50,000). After thoroughly studying the industry and the competition, I purchased my first TIC with cash through RealtyNet.
What a great decision! I started getting monthly rent checks and didn't have to deal with traditional landlord issues because of the triple-net-lease feature of RealtyNet's properties. Since that first purchase, I've bought three more TICs with my own money. When the time came for me to sell three of my TICs, I was surprised to learn that I wasn't on my own, but RealtyNet was able to facilitate those exchanges as well. Each and every sale was profitable to me.Buddy Rutherford, Colorado
We guarantee you’ll like our TIC Property services, or we’ll introduce you to one of our competitors.
If you're looking for a premium 1031 TIC property to defer capital gains tax, fill out our short request form for more information. You'll receive a complete listing of properties available nationwide. Or call us now at 1-800-872-1031.
We’re a 1031 exchange company specializing in 1031 exchanges into TIC replacement properties. We can assist you with every aspect of your TIC replacement property purchase.