1031 Vocabulary
Replacement property
Property an exchanger acquires as part of a section 1031 exchange.
 
Home arrow 1031 Vocabulary arrow Tenancy-in-common (TIC)
Saturday, 04 July 2009
Tenancy-in-common (TIC) PDF Print E-mail
A co-ownership arrangement in which multiple parties own undivided interests in a single piece of property. TIC interests have become popular replacement property for section 1031 exchangers.
 
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