Frequently Asked Questions
7) What is a TIC or Tenant In Common investment?
A TIC investment is simply the ownership fractional share of a property. Investors have no management responsibilities since they are handled by the “sponsor”. The premium being paid for the fractional share covers the sponsor’s involvement. An investor has no input or control over decisions affecting their investment. There are some questions regarding TIC investment qualifying for a 1031 exchange.
{< back} |