You have a ton of equity in your property or properties but frankly you’re getting a little sick and tired of managing them. Not only that, your return on equity at this point is quite low. Your property is fully depreciated and you aren’t reaping the sort of tax benefits you used to. But, if you sell your property you’ll be subject to a huge tax bill on your capital gains, not to mention recapture. You’ve come to the right place.
Investment property owners who have been at it for a while find themselves in exactly the predicament I describe above. If you’ve owned your property for more than 10 or 15 years chances are your money is hardly working for you at all at this point. It’s not uncommon that we find long-term owners achieving returns of only 2-4% on their equity.
What if you had an investment with all the benefits of real estate but without the hassle. You get the monthly check, you take the depreciation, but you never have to go there or get a call in the middle of the night. This can be yours through TIC ownership.
If you don’t want to pay a huge capital gains/recapture taxes, if you want to maintain a substantial monthly income, if you want to dump everything you don’t like about owning real estate but keep all the financial benefits, you’ve come to the right place.
