Chances are if you’ve heard of, or are considering, Tenant-In-Common (TIC) investments then you are/were involved in a 1031 exchange at some point. Tenant-In-Common investments are where you take partial undivided partial ownership. A tenant in common investment is an alternative to sole ownership of real estate where investment in a single commercial property is held by multiple owners, not as limited partners or as an entity, but as individual owners. Under this co-ownership structure, you will own an undivided fractional interest in an entire property and share in your portion of the net income, tax shelters, and growth.
TIC’s are a great solutions for investors and 1031 exchangers in particular, because of their flexibility, ease of purchase (remember those 1031 deadlines?), and low investment minimums which was favorable for those seeking diversification.
On this page we’ll be talking about a few things:
- How TIC investments came into popularity
- Why TIC’s came into popularity
- The current status of the TIC market, and how to learn more about current TIC properties.