What is TIC or Tenancy-in-common? A TIC investment offers ownership in a real estate where two or more investors share an undivided, fractional interest in the asset. The shares of each investor in a TIC are not required to be equal, and ownership interests can also be inherited. Under a TIC arrangement, each co-owner receives a single deed at the time of closing for their undivided percentage of interest in the entire property. A TIC investor exercises the same rights and benefits as any sole owner of a property without the burden of managing the property. A TIC investment can either be privately arranged by investors or could be a syndicated TIC arrangement where a uniform set of rules apply to all investors. Most of the syndicated TICs are viewed as securities under federal security law. Why should I do a TIC 1031 Exchange? TIC investment is for investors who want to own institutional-grade investment properties that are managed by professionals, like office...
Get Detail about 1031 Exchange. What terminology use in 1031 exchange.