I’ve been researching 1031 Exchanges lately and what I have found is most of the companies that perform these for you are also trying to get you involved with TIC’s. I am estimating that my proceeds from my oil and gas mineral sale will be over $1,000,000 and I want to turn that into real estate investments. TIC’s look very nice as an investment because they generate around 7-8% returns per year. Plus you get to keep any appreciation the building generates, principal equity, and you have tax shelters on your cash flow from depreciation and interest deductions.
I plan on keeping this money in the TIC for a long time so the illiquity factor is minimal for me. But my question to the forum is:
Does anyone here own an interest in a big TIC?
If so, what company would you suggest I use? (There are so many).
Would you do it again if you had the chance?
Thank you in advance.