Tenants In Common Explained

A tenants in common exchange is a type of california 1031 exchange that serves as an alternative to sole ownership of california rental property. tenants in common exchanges offer several benefits to the california property owner, including deferred tax.Completing a california 1031 exchange with a tenants in common interest ownership in a california rental property allows california property owners not only to defer their capital gains taxes, but also to use all of the proceeds from their sale to leverage into more valuable california rental property investments.

If you are thinking of transferring any california rental property, contact us today for more information on 1031 tenants in common exchanges.