Why TICS as 1031 Exchanges?
TICs as exchange properties are becoming a very popular method by which to perform a 1031. TICs allow investors to exchange into a high-end, often Class A commercial property that has already been heavily researched for its performance. Additionally, TICs eliminate the hassle of having to comb real estate listings or call agents in search of a suitable replacement property.
Exchanging into a TIC also allows an investor to be part of a property much larger than what could be typically affordable to an individual buyer. And, they most often have pre-arranged, non-recourse financing to bolster the ease of the transaction.
More over, TICs can be found and invested in from across the country. Therefore, investors also eliminate the fear of having to manage or oversee property in a different location. It’s all managed for you. Essentially, you can enjoy the benefits of being a real estate investor without being a landlord.