TENANT IN COMMON : 721 EXCHANGE
Tenant in Common is also known as fractional ownership. Under this co-ownership structure, you will own an undivided fractional interest in an entire property and share in your portion of the net income, tax shelters, and growth. Further, you will receive a separate deed and title insurance for your percentage interest in the property and have the same rights as a single owner. Because Tenant in Common opportunities are often "packaged" with management and financing in place, they offer efficiency in the identification, acquisition, financing, closing, and operating stages of real estate ownership. Fractional ownership also provides you with the ability to diversify your 1031 tax free exchange into more than one property and to participate in potentially larger, institutional quality properties. Investors may participate in large industrial, commercial, and residential property investments all around the country.
 

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The information on this website is an educational resource only, and not intended as legal, accounting, or tax advice of any kind.
It is recommended that you consult with your own attorney or tax advisor for details before choosing to engage in a 1031 Exchange