![]() |
Fidelity National 1031 Exchange Services,Inc. |
Exchangers seeking a safety net for replacement property challenges are increasingly turning to Tenant-in-Common properties. Many exchangers experience difficulty in locating suitable replacement property to complete their exchange. Often exchangers are unable to purchase their desired replacement property or the property selected is not sufficient to meet their exchange requirements. Tenant-in-Common property offerings are often the ideal solution for the exchanger because they provide greater flexibility by allowing exchangers to choose the exact amount of property they need to purchase to satisfy their exchange requirement. Another key attraction of Tenant-in-Common property is that it is inherently management-free. These properties come in a variety of property categories including apartment buildings, commercial and retail properties.
An exchanger that completes a Tenant-in-Common exchange will own an undivided interest as a tenant-in-common with other owners in one or more income properties occupied by national, regional or local tenants. These interests allow the exchanger to exchange their management intensive property for replacement property that enjoys the usual real estate benefits of positive income stream, tax write-offs and appreciation, albeit without the management challenges.
If you are interested in finding out more from Fidelity National 1031 Exchange Services, Inc. about the flexibility offered by Tenant-in-Common replacement property contact:
The following links to leading National Tenant-in-Common Real Estate Investment Companies are provided:
If you are a provider of Tenant-in-Common replacement property and wish to be listed on this link:
Contact Bill Sours
at Fidelity National 1031 Exchange Services, Inc. at (800) 225-6229 or bsours@fnx1031.com.