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  • Other Added - 3 Mistakes to Absolutely Avoid in a 1031/TIC Exchange

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    rom the frying pan into the fire!

    Before I let you in on the secrets, let me briefly explain what a 1031 exchange

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    We've all made bad decisions in the past. Don't you just hate to hear "I told you so" from your friends and family? Or, maybe you catch yourself saying "If only I'd have...?"

    Personally, I'm one of those people who prefers to learn from someone else's mistakes. If you're at all like me, and you have thought about doing a 1031 exchange into a tenant in common (TIC) property, take note. You can avoid making the 3 Major Mistakes that others wished they knew before leaping from the frying pan into the fire!

    Before I let you in on the secrets, let me briefly explain what a 1031 exchange

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    maybe you catch yourself saying "If only I'd have...?"

    Personally, I'm one of those people who prefers to learn from someone else's mistakes. If you're at all like me, and you have thought about doing a 1031 exchange into a tenant in common (TIC) property, take note. You can avoid making the 3 Major Mistakes that others wished they knew before leaping from the frying pan into the fire!

    Before I let you in on the secrets, let me briefly explain what a 1031 exchange

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    om someone else's mistakes. If you're at all like me, and you have thought about doing a 1031 exchange into a tenant in common (TIC) property, take note. You can avoid making the 3 Major Mistakes that others wished they knew before leaping from the frying pan into the fire!

    Before I let you in on the secrets, let me briefly explain what a 1031 exchange

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    common (TIC) property, take note. You can avoid making the 3 Major Mistakes that others wished they knew before leaping from the frying pan into the fire!

    Before I let you in on the secrets, let me briefly explain what a 1031 exchange

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    rom the frying pan into the fire!

    Before I let you in on the secrets, let me briefly explain what a 1031 exchange into a tenant in common property is. It's a fairly well-kept secret in and of itself.

    A 1031 exchange is when an investment property owner sells his current property and exchanges it for a "like-kind" property of equal or greater value. By doing so, he defers the payment of capital gains tax and the consequences of recaptured depreciation.

    By exchanging into a tenant in common property, or a TIC, he becomes a part owner of a large commercial property managed by profe

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