TIC Explained
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TIC exchange is a type of
exchange that serves as an alternative to sole ownership of commercial property.
TIC exchanges offer several benefits to the property investor, including deferred tax.The theory behind internal revenue code is that when a
property investor has reinvested the sale proceeds into another commercial property, the economic gain has not been realized in a way that generates funds to pay any tax. Therefore, it would be unfair to force the taxpayer to pay tax on a paper gain. TIC exchanges offer this and many more benefits to investing.
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