Navigar
1031 -Tenants in Common
Navigar 1031 was founded to help real estate investors
exchange their properties through a vehicle known
as the Internal Revenue Code Section 1031, or more
simply a 1031 exchange.
A 1031 exchange allows taxpayers to exchange real
or personal property for new “like-kind” property,
while deferring recognition of any capital gains
or recapture of depreciation. We provide an array
of services in effecting your 1031 transaction. The
focus of our service, however, is on 1031 replacement
property solutions known as tenants
in common or TIC.
TIC Investments are generally brokered in two ways:
as a securitized offering and as a real estate offering.
A securities TIC (Security TIC) is subject to federal
and state securities regulation, while a real estate
TIC has limited state regulation and is not federally
regulated. While TIC 1031 properties can be a very
useful tool for transacting 1031 Exchanges, we believe
that all tenants in common interests currently should
be considered securities and regulated as such.
The manner in which these security interests are
offered are governed by rules set forth primarily
by the Securities and Exchange Commission (SEC) and
Financial Industry Regulatory Authority (FINRA).
Accordingly, these rules dictate that all investors
must be screened for suitability for the investment
and eligibility as accredited investors.*