Tenant-In-Common (TIC)
At The Carribean Group, we sell TIC (Tenants-in-Common) properties for 1031 exchange.
As an industry leader in providing 1031 Tenants-in-Common (TIC) replacement properties and 1031 exchange properties, The Carribean Group offers alternatives that can meet the requirements of most experienced investment real estate buyers.
Our 1031 exchange program provides experienced investment real estate buyers with the monthly rental income advantage through a triple-net (NNN) leased, single-tenant property with the appreciation advantages of a multi-tenant property. By owning Tenants-in-Common (TIC) interests in various types of multi-tenant commercial properties across a wide geographical area, experienced investment real estate buyers can enjoy the diversification a particular buyer may require -- something that may not be possible if you were to buy just one single location property.
In addition, co-owners can utilize their years of experience in owning and operating a quality property in a way that will maximize their property's value well into the future. Granted, if you fail to close you can pay your capital gains tax. Failure to close is the top reason clients reveal as to why they pay capital gains tax. But by identifying a TIC property, you can reduce your potential tax risk, and avoid a failed closing!
Monthly rental income with a NNN PLUS lease
Potential appreciation is yours
Seller contracts with a lessee with an established history of 1031 experience
No closing costs
Low minimum purchases
Defer Capital Gains Taxes