TIC Explained




1031 TIC exchanges are a form of oklahoma commercial real estate asset ownership in which two or more persons have an undivided, fractional interest in the asset. Each co-oklahoma real estate investor receives an individual deed at closing for his or her undivided percentage interest in the investment. TIC exchanges qualify as a type of oklahoma 1031 exchange and thus offer several benefits to the oklahoma real estate investor, including deferred capital gains taxes on all like kind investment exchanges. Internal Revenue Code allows for the reinvestment of proceeds into any like kind oklahoma commercial real estate or oklahoma commercial real estate. TIC exchanges forgo any economic gains taxes that may have been realized from such a sale. A qualified oklahoma 1031 realtor can help explain your options with investing in a TIC.

If you have recently sold, or are thinking of selling current investment oklahoma commercial real estate, we can assist in matching you with a qualified oklahoma 1031 realtor. Contact us today for a free consultation.


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