Who is TSG Real Estate?
TSG is a real estate investment company that brings a practical approach to investing in real estate. The company does that by investing in safe, secure, high-quality assets and delivering right-sized investments that appeal to a broad range of investors. Through careful analysis of economic trends, both within and outside the real estate industry, properties are selected that meet stringent investment criteria.
TSG has established strategic alliances with highly respected organizations that are known on both the national and local level and include several mortgage banks, title companies, qualified intermediaries, asset and property managers.
What Types of Properties are Available from TSG?
All of the properties that TSG offers to investors, whether in the Tenant-in-Common format or as an outright purchase of the entire property, are typically occupied by national credit tenants with long-term leases. The variety of property types and locations allows investors to diversify their real estate portfolio just as they would their other financial investments. These property types include office, retail shopping centers, manufacturing, retail automotive facilities, and distribution facilities.
What is a Tenant-in-Common (TIC)?
The purchase of a tenant-in-common investment allows investors to purchase an undivided fractional interest in a significant real estate asset, perhaps larger than they could obtain individually. The investor acquires a percentage ownership (title and deed) and receives passive rental income while receiving the tax benefits of a traditional real estate. The investors, not TSG or a third party, own and control the properties.
TIC investors can truly enjoy many of the ownership benefits and security of a large commercial asset with significantly fewer obstacles. As with any type of investment real estate, the value of a fractional interest typically increases annually due to escalations inherent in most tenant leases.
How Can I Use Tenant-in-Common to Make an Investment?
Tenant-in-Common investments are most frequently made by real estate investors attempting to defer tax liability from a sale of real estate through the use of a §1031 exchange; since 2002, the IRS has recognized that Tenant-in-Common investments qualify for §1031 treatment.
What is a Like-Kind Property?
Properties are of like kind if they are of the same nature or character, even if they differ in grade or quality. Personal properties of a like class are like-kind properties. However, personal property used predominantly in the United States and personal property used predominantly outside the United States are not like-kind properties.
Real properties generally are of like kind, regardless of whether the properties are improved or unimproved. However, real property in the United States and real property outside the United States are not like-kind properties.