With its features and benefits, TIC/CORE is an increasingly popular 1031 exchange option for many real estate investors. However, 1031 exchanges and TIC/CORE transactions are very complicated, with both tax and legal issues topping the list of potential pitfalls. Section 1031 allows real estate investors to sell property that has been held for investment purposes and defer capital gains and depreciation recapture taxes if they acquire ‘like-kind’ exchange property of equal or greater value and reinvest all of their equity.
Investing in Commercial Real Estate
In this current residential market place may people are hesitant to invest in real estate. Commercial Real Estate is entirely different and a good way to still invests in property. The laws are very different between commercial and residential so itÂ’s a good idea to find out all the laws and consult a lawyer well versed in commercial real estate before investing.