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Why TIC
By Priya Jestin, Staff Writer
In today's market, finding real estate values can be a challenge and individual investors have been somewhat limited to residential properties and small commercial structures. Joint tenant in common (TIC) legal structures or co-owned real estate, allows individuals to own a fractional interest in a property, such as an office building, apartment complex or shopping center.
Tenant in common investment ownership has been around for some time; it is only now that it has become a popular option. A 1031 TIC structure allows investors to pool their resources and purchase larger, higher valued and better positioned properties than they might otherwise have access.
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