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Tenancy-in-common real estate ownership: current issues

By: Contributor(s): Language: English Series: Real Estate Review ; 34(1) Spring 2005, 54-61(8)Publication details: 2005Subject(s): Summary: Examines the usage of Tenancy-In-Common (TIC) ownership of real estate as an ownership structure for first-time investors in commercial properties and as an exchange vehicle under Section 1031 tax-deferred exchanges under the recent IRS Revenue Procedure 2002-22. Also discusses the controversy involving the extent of and requirements for disclosure to prospective investors under the TIC method of real estate transfer and ownership.

Examines the usage of Tenancy-In-Common (TIC) ownership of real estate as an ownership structure for first-time investors in commercial properties and as an exchange vehicle under Section 1031 tax-deferred exchanges under the recent IRS Revenue Procedure 2002-22. Also discusses the controversy involving the extent of and requirements for disclosure to prospective investors under the TIC method of real estate transfer and ownership.