Tenant In Common & 1031 Tax Deferred Exchanges
Helping investors understand TICs & 1031 Tax Deferred Exchanges
Savvy Way for Seniors to Manage Their Real Estate Equity
March 31st, 2007 by Troy
Few would deny that real estate is a solid investment. Nationally, there hasn’t been a decline in home values since the end of World War II, according to the National Association of Realtors® in a report the one-million-member trade organization released in March of last year. These widespread equity gains in residential real estate, as […]
3 Mistakes To Absolutely Avoid In A 1031/TIC Exchange
January 11th, 2007 by Troy
Paula Straub, Financial Advisor And Mortgage Originator
We’ve all made bad decisions in the past. Don’t you just hate to hear “I told you so” from your friends and family? Or, maybe you catch yourself saying “If only I’d have…”?
Personally, I’m one of those people who prefers to learn from someone else’s mistakes. […]
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 […]
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 […]
What is a tenancy in common (TIC)?
November 28th, 2006 by Troy
The acronym “TIC”, which stands for tenancy in common, along with the terms “cotenancy” and “fractional ownership”, refer to arrangements under which two or more people co-own a parcel of real estate without a “right of survivorship”. This type of co-ownership allows each co-owner to choose who will inherit his/her ownership interest upon death. By […]
Beat 1031 Tax Deferred Exchange Deadlines With a TIC
November 7th, 2006 by Troy
October 31st, 2006
SAUSALITO, Calif., Oct. 24 /PRNewswire/ — Income property owners have wonderful opportunities to legally defer all gains taxes on property sales by using 1031 exchanges. But if you miss exchange deadlines, you’ll find yourself with a substantial tax bill.
Section 1031 of the IRS code lets you sell your property and buy a new […]
Tenant In Common Market Growth
November 7th, 2006 by Troy
Growing Pains
October 31st, 2006
Although the tenant-in-common (TIC) market continues to rake in a staggering amount of money, the industry finds itself in the throes of some major changes. Securitized TICs alone are responsible for raising $1 billion in equity per quarter during the third and fourth quarters of 2005 and the first quarter of 2006, […]
1031 Exchanges: Keep your real estate profits for investment in new properties
November 7th, 2006 by Troy
1031 Exchanges: Keep your real estate profits for investment in new properties
Original Publication: Monday, October 9th, 2006
Investors are turning in growing numbers to Section 1031, an 80-year-old-plus part of the Internal Revenue Code (IRC), to defer taxes on commercial real estate properties where prices have jumped in recent years. Rather than selling outright and getting […]