The Securities Law Firm of Menzer & Hill, P.A. is investigating Brokerage firms that solicited 1031 tax-deferred exchanges of real property as a means of avoiding capital gains on the sale of real estate.  Due to the downturn in the economy, many investors in tenants in common real estate have lost a significant amount or all of their  investment when the property they invested in fell into foreclosure or otherwise became unprofitable. Many Brokerage Firms touted these TICs as safe investments, while in reality they carry substantial risks.