TIC Investment Laws
Real estate has always been one of the most stable and reliable investment opportunities available to the public. Real estate is a long-term investment, which makes it popular among people looking to develop retirement plans and those looking to diversify their portfolios. One of the most popular real estate opportunities available today is Tenant-in-Common, or TIC, properties. In 2002, the IRS developed a set of guidelines for structuring TIC real estate agreements. If you're thinking about taking part in the co-ownership of real estate, you need to work with a company that understands these guidelines and adheres to them according to the letter of the law. At TM 1031 Exchange we've spent more than 20 years working in this field, and we've established a network of brokers, investors and developers dedicated to finding you the right investment opportunity in a timely fashion. According to IRS guidelines, a TIC arrangement should have no more than 35 co-owners or investors. The terms and conditions vary according to the type of property, the number of investors, and the amount of equity invested. While every deal is different, minimum TIC initial investments typically range anywhere from $150,000 to $650,000. Since your name is on the deed, your TIC investment or interest in the property can be purchased, sold, gifted, or willed to another person. If you're looking for a source of monthly income, a TIC investment may be right for you. TIC investments generally yield somewhere between five and eight percent of the initial equity. If you're thinking about co-ownership of commercial property, we at TM 1031 Exchange can help you find it fast through our National Broker Referral Network and our property surveys listed online at www.tm1031exchange.com or call 1-877-4TM-1031.
|
|
|