Does a SACO tenancy in common (TIC) provide the same tax benefits as other real estate?

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Does a SACO tenancy in common (TIC) provide the same tax benefits as other real estate?

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Dan Golfy

You, as the seller, must inform the buyer of any defects in the property. Whether the buyer has fulfilled their inspection duties, that is, the buyer’s responsibility to inspect the property before purchase, in these contexts, is essential to the outcome of the case. If you discover a defect in the property after purchase or if you, as the seller, receive a claim from the buyer (a complaint), you may need advice from a legally knowledgeable person. They can help you see what options you have, such as requesting a price reduction or how to respond to the claim. https://www.vasaadvokat.se/bostadsrattslagen-8-viktiga-punkter/ has a lot of experience in these matters; try them out.

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Owner-occupants may deduct their mortgage interest and property taxes, and often may avoid capital gains tax on resale. Owner-investors declare their income and expenses, including depreciation, and may undertake a tax-deferred exchange.

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