If you are on this website you are considering how to defer (avoid) taxes due upon the sale of your property as well as the 1031 section of the IRS Code. Section 1031 (tax free exchanges) allows a tax deferral upon the sale of an existing property assuming the code and certain guidelines the service has established are followed properly. This website will provide you with an awareness of inside information and strategies to Invest for Success in 1031 Tenant in Common (“TIC”) structured real estate investments, and will help you to achieve the following:

My name is Henry Schoenberger and I wrote the best book to protect investors, Invest for Success – How to Avoid Getting Ripped Off by Real Estate Partnerships, the Stock Market and Advisors. Invest for Success was written for investors who want to avoid getting ripped off by real estate partnerships, i.e. private placement real estate investments. I founded 1031 Property Advisors, LLC to advise successful real estate investors and work with their professional advisors regarding how to identify sponsors with integrity, ability and experience who provide 1031 Tenant in Common (structured) replacement properties. The key is to identity Real Estate companies fundamentally concerned with providing predictable future economic results, rather than fees to do the deal. For over 35 years I have specialized in helping clients invest successfully in real estate private placements. My track record for real estate deals sold during the past nineteen years has resulted in average annualized total returns of 20%. Not one recommendation has provided less than a 10% average annualized total return. No Losses!

If you choose to invest in a Tenant in Common 1031 replacement property, you will be investing in a real estate private placement legal structure designed to conform to the 1031 section of the code as well as Rev. Proc. 2002-22. If the 1031 TIC is not a private placement then the issuer has, typically, circumvented securities laws designed to protect investors and this kind of future contingent aggravation should be avoided. The 1031 section of the code is over 80 years old and real estate private placements have been around for a long time as well, so you may disregard the self-promoting and pretentious “TIC industry” self-elevating verbiage, which Louis Rukeyser, in How to Make Money on Wall Street, would have termed “Croatian Bafflegab!” This TIC Association is not an association of Tenants in Common, (i.e. investors) but it is a group of sponsors and registered representatives fundamentally concerned with self-promotion and networking.

There are plenty of 1031 websites with lots of marketing hype and contentions. Most of these “companies” have been formed to take advantage of the growing public awareness and demand for 1031 tax free exchanges. And the individuals behind these websites too often have little real estate experience – judging from the fact that they regard their business as a part of the “TIC industry.” Which is ludicrous because Tenant in Common, Undivided Interest Ownership is merely a legal structure designed to conform to Internal Revenue Service Code IRC 1031. Further, Rev. Proc. 2002-22 offers guidance to tax payers who wish to properly follow the 1031 code’s intent.

The primary goal of any 1031 exchange is to successfully invest in a replacement real estate investment. Initially, it is critical to determine if the advantages offered by pooling your resources with other like-minded (tenant in common) investors is better for you - than individual ownership; i.e. going it alone with all of the headaches that you are used to or tired of.

The following pages will provide you with a path to the truth and arm you with questions to ask to obtain answers to Invest for Success, which is what my book and I have done for investors for decades.