1031 Exchange/ TIC Investors

Many real estate investors take advantage of the 1031 Exchange, a real estate investment technique that enables a property seller to defer paying capital gains taxes by (a) identifying a "like-kind" exchange property within 45 days after the first property's sale, and then (b) actually buying the exchange property within 180 days.

Under certain circumstances a "like-kind" exchange can include an interest in real estate, where an investor will exchange into a portion of a property together with other owners as "Tenants in Common" (TIC). In such a situation a Tenants in Common Agreement sets forth the rights and responsibilities of all of the property's TIC owners.

This is a complex and technical aspect of real estate ownership that should be guided by an investor's own legal and accounting advisors.

Nexregen is offering up to two (2) TIC interests that can total up to a 49% interest in Firewheel Village. The minimum TIC investment is $250,000. For additional information, contact us at info@nexregen.com.