Tenant in common (TIC) is a new, innovative and alternative approach to real estate investment that has become increasingly popular in recent years. TIC ownership is an investment in a large institutional grade property by multiple individual owners. The multiple owners are not limited partners. Each investor receives a deed at closing for their undivided fractional interest in the property as has the same rights, of a single owner.

The recent stock market performance has emphasized to all investors the importance of diversification through real estate that provide income and tax benefits. The 1031 Xpress TIC program provides actual ownership of the asset, including all of the tax benefits associated with real property ownership. Investors achieve portfolio diversification while deferring capital gains and eliminating active property management responsibilities while still reaping the benefits of depreciation and receiving passive long-term income.

1031 Xpress TIC program enables the average investor to participate in real estate previously reserved for large institutional investors. With 1031 Xpress you obtain tremendous real estate experience. We develop, build and manage luxury multi-family investment properties and are able to secure fixed-rate, non-recourse financing with institutional terms. These properties are projected to provide cash distributions stability, and growth potential. More importantly, with our investment strategy, you invest your capital along with our capital ensuring that our interests align with your interests. We invest together!

1031 Xpress is prepared to handle all of your fundamental requirements including your TIC closing from A to Z, completing all the labor intensive issues involved in the timely manner that the IRS requires. Since 1031 Xpress owns the property, we are one of the few professional entities that have the talent and resources necessary to accomplish a smooth and efficient closing. We are prepared with our team of expert advisors to answer all of your questions and to close your transaction quickly and efficiently.

Recently, the Internal Revenue Service issued guidelines concerning 1031 exchanges and tenants in common TIC agreements or undivided fractional interest in real property. See 1031 Exchanges