Tenant In Common & 1031 Tax Deferred Exchanges
Helping investors understand TICs & 1031 Tax Deferred Exchanges
TIC investment expands into secondary market
December 26th, 2006 by Troy
Real Estate Weekly, Jan 12, 2005 by Jeffrey R. Dunne
Known in the industry as “tenancy-in-common” investment structures, “TICs” are currently finding more and more appeal among the investment community.
This method of investing is part of a growing trend among real estate investors who seek to shield themselves from ordinary capital gains by buying […]
15 Guidelines for Tenant-In-Common Properties and Sponsors
December 21st, 2006 by Troy
By Alexandra Aiken, JD
Proper structuring is a critical step in tenancy-in-common transactions. Pursuant to Revenue Procedure 2002-22, the Internal Revenue Service will consider issuing a private-letter ruling to an interested party if the following 15 conditions are met and/or are present in a proposed TIC transaction.
TIC Ownership. Each of the co-owners must hold title to […]
Net Lease, Net Net Lease, and Triple Net NNN Lease
December 12th, 2006 by Troy
What is the difference between a net lease, a net net lease and a triple net nnn lease?
Double net NN means that the tenant pays for everything except structural repair.
Triple net NNN means that the tenant is responsible for generally everything including structural repair, BUT every lease is different, it is best to actually […]
Section 1031 Exchanges and Tenancy in Common Interests
December 5th, 2006 by Troy
Christine Tour-Sarkissian
I. Introduction
A popular way of acquiring real estate today is through use of Tenancies in Common (TICs). TICs allow small investors to exchange their smaller properties for a fractional interest in a much larger property. The issuance by the Internal Revenue Service (IRS) in March 2002 of Rev Proc 2002–22, 2002–1 […]
Tenant-in-Common Investments
December 4th, 2006 by Troy
Tenant-in-Common Investments:
Another Way to Stave Off the Taxman
As the real estate market recovers from its recent slump, sellers of investment property are again being faced with an attractive problem: What do I do with my profit?
The alternative favored by the Internal Revenue Service has always been for the taxpayer to receive his profit and pay […]