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Tenants In Common Replacement Property for Investors and Property Owners

Tenants In Common Concept  -  also, please visit www.1031fec.com

A new and innovative approach to real estate investing has appeared in recent years. An alternative to sole ownership of real estate is an investment in a single large commercial property by multiple owners, not as limited partners or as an entity, but as individual owners. Each owner receives an individual deed at closing for his or her undivided fractional interest in the entire property. This form of ownership is known as co-tenancy or tenants-in-common (TIC). Each owner has the same rights as would a single owner.

A TIC replacement property enables the average investor to participate in an echelon of real estate previously reserved for large institutional investors. TIC replacement properties are chosen because they provide credit-worthy tenants, secure monthly income, stability, and growth potential. Investing in a TIC property provides passive long-term income, eliminates active property management and alleviates the burden of being a landlord. Now the average person can own property leased to a Fortune 500 company, a national or regional retailer or the United States Government. See Advantages below for the many benefits of TIC ownership.

Recently, the Internal Revenue Service issued guidelines concerning 1031 exchanges and tenants-in-common agreements or undivided fractional interest in real property. For information visit www.1031fec.com , E-mail your request, or phone 888.618.9681.


Advantages of Tenants In Common (TIC)

The tenants-in-common industry is rapidly growing due to the demand from 1031 buyer's who seek to acquire replacement property that generates passive income. Demand is also coming from investors leaving the volatile stock market and low yielding fixed income investments. Many TIC 'sponsors' have emerged to provide buyers with suitable investment and replacement property alternatives.

IRA Plans

Most custodians for IRA accounts do not allow direct ownership of real estate or mortgages as an investment alternative. Most likely, you will need to do a tax-free trustee-to-trustee transfer of your IRA to a self-directed IRA account. Even if you think you have a self-directed IRA you probably don't!  Your self-direction is almost certainly limited to investments the sponsoring custodian offers.

Self-direction of retirement plan investments means that you decide on the investments you wish to make in your retirement plan. Truly self-directed plans permit you to direct the trustee or custodian of your IRA or Keogh plan to make any investment permitted by law. In a self-directed retirement plan, you can allocate your funds between stocks, bonds, certificates of deposit, mutual funds, annuities, and real estate--all in one account. To receive information on self-directed retirement plans, please call or E-mail your request.

For more information, please E-mail or call 800.333.0801

Kenneth Wheeler DBA

Financial Exchange Coterie

Florida International Trade Center

5564 Marquesas Circle

Sarasota, FL 34237-8116

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Phone: 800.333.0801

or 941.227.3024 

Fax:  888.898.6009

E-mail

Information Request Form

K. B. Wheeler Member

Greater Des Moines Partnership

 

Financial Exchange Coterie is a non-incorporated entity

 

You may Fax your questions/information to 888.898.6009

 

or, complete and submit the  

Confidential Information Request Form.

www.1031fec.com

One's property of value inevitably transfers ownership, with or without one's wishes.  

Prepare now to save your family wealth.  Ken Wheeler

 

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July 08, 2014
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