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Over a number of years working in this niche market, we've established inroads with numerous sponsors of Tenant-In-Common (TIC) real estate interests. This nation-wide network avails our clients of a selection of premium real estate investment opportunities.
- We are a completely independent advisory firm and not an issuer or sponsor of any proprietary product, allowing our group of commercial real estate and securities professionals the ability to give clients entirely objective recommendations.
- We have an in-house due diligence team that analyzes each TIC property available at any given time. Moreover, our team participates in frequent sponsor reviews and property tours which gives Trade Up 1031 access to the most objective due diligence data in the industry.
- We offers investors access to our professional network of Attorneys, CPA's, and Qualified Intermediaries - those familiar with mechanics of TIC investing.
Finally, by utilizing our signature step-by-step 1031 investor program (education, risk assessment, goal planning, property review, recommendations, paperwork assistance, professional coordination, closing, and on-going service) we give our clients the confidence and support they need to stay successful.
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Tenants in common 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. |
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Each co-owner receives an individual deed at closing for his or her undivided percentage interest in the entire property. In brief, a TIC owner has the same rights and benefits as a single owner of property. |
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Although the TIC ownership form has been used for many years, its popularity has been increasing dramatically due to a recent IRS ruling. Exchangers often have difficulty in locating and closing suitable replacement property within the 45 day identification period and the 180 day closing period. 1031 TIC exchanges can significantly reduce these risks. |
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The Internal Revenue Service’s Revenue Procedure 2002-22, issued in 2002, created the opportunity for undivided fractional interest in real estate and more importantly qualified tenant-in-common (TIC) ownership for use in 1031 tax-deferred exchanges. The marriage of TICs and 1031 exchanges has proven to be a popular one, as more and more owner-managers of real property are now able to sell and reinvest into institutional properties that provide stable income, while avoiding the headaches of active management.
- Pre-arranged financing
- Zero management responsibility
- Institutional-grade properties
- Review-ready due diligence materials (completed PCR, appraisal, Phase One, Rent rolls, lease abstracts and estoppels, geologic survey when necessary, income & expense projections)
- Easy 45/180 day IRS 1031 exchange compliance
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