1031 TIC Exchange Sponsors Florida

[Update]: We've recently launched a directory site www.1031reviews.com that provides a more comprehensive list of 1031 registered reps, QIDs, and sponsors by state and city.  We're also adding reviews and ratings, so you can vet folks before working with them.

Richard Bezold Akerman, Senterfitt richard.bezold@akerman.com (305) 982-5657
Daniel R. Blackford Regent Land & Investments, LLC drblackford@msn.com (407) 957-9945
Larry Breen Breen Financial Management, Inc. larry.breen@breenfinancial.com (407) 712-6780
Michael M. Cabot Michael M. Cabot michaelcabot@adelphia.net (866) 860-1031
Christopher Casey Senior Capital, LLC ccasey@seniorcaregroup.com (813) 393-0359
Stuart Chamberlin, President Chamberlin Financial Group, Inc. schamberlin@gunallen.com (561) 391-5035
Ma Lee Chu AndruEds Group, Inc. AndruEds2003@yahoo.com (407) 898-1898
Grant Conness Costa Financial Securities gconness@costafinancial.net (866) 405-1031
Hatem G. Eid FLA1031, LLC heid@gunnallen.com (877) 880-4600
Eric R. Elliott Brookstreet Securities Corporation eelliott@mail.bkst.com (954) 524-7772, ext. 232
Ellen Erenstein Ellen Erenstein & Associates eerenstein@futureconcepts.org (954) 752-2120
Chris Goslin Chris Goslin & Associates cgoslin@gunnallen.com (813) 289-7550
Craig Haberstumpf Andrew Stuart Asset Management Group, Inc. craig@andrewstuart.net (954) 510-1100
Karen R. Hankinson, MBA Hankinson Financial Advisors, Inc. khankinson@berthelrep.com (727) 320-0119
Kathy Heshelow CapWest Securities kheshelow@capwestsec.om (727) 319-6303
Steven Hutek Steven Hutek shutek1@tampabay.rr.com (813) 935-4883
Joel Kamphuis GunnAllen Financial jkamphuis@gunnallen.com (888) 999-7474
Alan Legatz Alan W. Legatz, CPA alegatz@comcast.net (239) 434-5555
Kevin C. Mason Invest Financial Corporation kevin.mason@investfinancial.com (800) 542-4732
Timothy P. McCabe McCabe & Samiljan, LLC tim@msatty.com (561) 969-3344
Norman J. Miller Senior Financial Services nmiller9@bellsouth.net (561) 499-5138
Domenic Morrone GunnAllen Financial, Inc. dmorrone@gunnallen.com (813) 282-0808
Kevin Nashbar Nashbar Wealth Services, LLC knashbar@gunnallen.com (727) 415-6739
Andrew T. Nichols Integrated Total Solutions, Inc. anichols@2solve.com (305) 774-9996
Eric W. Odum Navigar Advisors, Inc. eric.odum@naviad.com (813) 514-1070
A. J. Papale A. J. Papale arpapale@comcast.net (904) 262-4052
Jefferson F. Riddell WWW.1031Replace.com jeff@1031replace.com (941) 366-1300
Andrew Rosenberg Andrew Stuart Asset Management Group, Inc. andrew@andrewstuart.net (954) 510-1100
Curt Smiley TIC Investments, Inc. csmiley@ticinvestments.net (813) 281-4647
Edwin M. Stanton, Principal SRS Investments, LLC estanton@srsinvestments.com (941) 955-9090
Donald Stevenson Acquisition Search Services, Inc. donald@acquisition-search.com (561) 340-0888
Bob Totaro RLT Financial Management btotaro@bellsouth.net (561) 494-0188
Stephen A. Wayner Bayview Financial Exchange Services stephenwayner@bayviewfinancial.com (305) 644-4631
Joan White Calton & Associates jawhite@calton.com (239) 949-0285
Randy B. Zalis Mr. Channelside Real Estate Services mr@channelside.us (813) 386-9911

Comments

[Stuart Chamberlin]

Quite simply, Tenants in Common is nothing more than a form of legal ownership of property. Some of the most common forms of ownership are as follows:

1. Sole Ownership - Owned entirely by one person.
2. Joint Tenancy - Property owned by more than one person. Each tenant has an undivided right to possess the whole property and a proportionate right of equal ownership interest. Title automatically passes to the surviving tenant at death.
3. Tenancy in the Entirety - A special form of joint ownership that requires both owners to approve any sale of the property. The joint tenants are husband and wife and neither spouse can transfer their interest without the consent of the other.
4. Tenants in Common - a form of owner for two or more owners. The individual interests do not have to be equal and the owners enjoy a proportionate right to the property. Title passes to the estate of the deceased owner and the person named by the estate assumes their proportionate title to the property and becomes the new tenant in common with the surviving tenants in common.

The Tenants in Common structure is not new. The structure has, however, received considerable attention since the IRS revenue ruling (Revenue Procedure 2002-22), which essentially laid out the guidelines for tenants in common investments to qualify as an eligible property for purposes of a 1031 exchange. Tenants in common owners are considered direct owners, are listed on the deed and are considered a direct owner in the property with an undivided interest. If the tenants in common owners invest in real estate, the owners receive their proportional share of the income, tax benefits, and appreciation of the property.

Tenants in Common investments are structured by "sponsors." These sponsors script a Tenants in Common Agreement, which typically calls for employment of professional management. Major decisions regarding the investment property are determined by vote of the tenants in common owners.

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