Tenant-in-Common

Tenant in Common or “TIC” allows the owner/owners to own an undivided fractional interest in the entire property. Under IRS revenue procedure 2002-22, this co-ownership of real estate can be treated as a form of holding title to real property. The TIC structure allows up to 35 investors to own and control the property, not a third party. For most investors, it provides the first ever means for ownership diversity, both in location and type, of their real estate portfolio. TIC investors may benefit from:

• Interest in a significant real estate asset, (perhaps larger than alone)
• Percentage ownership (title and deed)
• Prearranged financing
• Non-recourse loan structures
• Passive rental income
• Tax benefits of traditional real estate.