Tenancies in Common in a 1031 Exchange
THE ESSENTIALS OF A 1031 EXCHANGE ROBERT G. HETSLER
Tenancies in Common in a 1031 Exchange
Tenancies in Common( TIC), allow investors to pool their resources with other investors to purchase bigger, and more lucrative, investment properties. Each owner receives an undivided fractional ownership interest in a property, along with rights and obligations proportionate to their share of ownership. TIC ownership qualifies as“ likekind” real estate for 1031 exchanges, making TICs an important part of the 1031 exchange universe.
One niche area of TIC ownerships that has recently come to market is selfstorage facility TICs. These low risk opportunities offer reasonable returns and no daytoday management obligations. They also deliver:
• Insulation from the fickle nature of singletenant properties
• No significant capital calls
• Independence from anchor stores( such as in a typical strip mall TIC)
• Virtually recessionproof investment
• Income from multiple streams
• Diversification
To learn more about our 1031 exchanges or the lucrative world of selfstorage TIC investments, please visit our website, then contact us to find out how Qualified Intermediary Capital Advisors can help you manage your exchange or find the ideal replacement property.
Robert G. Hetsler
Robert G. Hetsler has provided qualified intermediary services to investors for 1031 exchanges for nearly two decades. His education and professional experience positions him as an expert in all aspects of 1031 exchanges, from identifying and expertly valuing suitable property to knowledge of and compliance with the complex IRS rules and regulations governing these types of exchanges. He sees the big picture, yet also keeps even the smallest detail in check.
In addition to being a Certified Public Accountant( CPA), Certified Valuation Analyst( CVA), Forensic Certified Public Accountant( FCPA), Certified Forensic Financial Analyst( CFFA), Chartered Merger and Acquisition Professional( CMAP), and Certified in Financial Forensics( CFF), Robert holds a Doctorate Degree in Jurisprudence( J. D.) and studied finance at Harvard University. He is also a licensed real estate agent, and professional real estate investor. Robert is especially qualified to help investors locate and evaluate potential replacement properties both locally and throughout the United States.