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 .