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What is a TIC (Tenant-In-Common)?
A TIC is a form of real estate ownership in which two or more persons have an undivided, fractional interest in real property. TIC investments allow you to pool your money together with others to invest in large, institutional-quality properties that you could not afford on your own. Each co-owner receives an individual deed at closing for his or her undivided percentage interest in the property. A TIC structure allows the average investor to enjoy ownership in commercial property or undeveloped land with a minimum investment. Choices abound including multi-family residential, office, retail, industrial, hospitality, assisted living, golf courses, self-storage, and even oil and gas producing wells.
As a TIC investor you'll own an undivided fractional interest in the entire property while retaining rights similar to sole-ownership properties. Beacon Investment Solutions works with the leading national Tenant-In-Common sponsors. You will be able to choose from numerous asset classes and geographic regions, selecting properties that meet the strict IRS imposed deadlines for the identification and closing on your replacement property(s). And since TICs come prepackaged, they eliminate many of the worries associated with real estate transactions.
Our Tenants-in-Common (TIC) structure has many features that make it attractive to real estate buyers, including:
- Property management teams are already in place with TIC ownership
- Real estate investors can buy buildings with national credit tenants who have long-term leases
- Access to institutional properties
- Exact dollar matching of TIC interests equal to available cash equity
- Low minimum ownership amounts
- No closing costs
- Diversification strategies
- Deeded interest in real property
- Ideal for self-directed IRA investments
-Tax deferral
Our TIC investors have simplified their lives through the elimination of time-consuming and costly management problems. TICs keep investor capital working, may increase monthly cash flow, provide capital appreciation, and defer capital gains and depreciation recapture taxes.
How will a tenant-in-common property benefit me?
Through tenant-in-common programs, you may own management-intensive real estate. Although you are comfortable with real estate investments and have had good returns in the past, you do not like the daily headaches that can accompany real estate management. You are ready to give up the hassles of dealing with tenants, maintaining facilities, paying property taxes, etc. You would like to sell your property but are faced with onerous tax consequences on the sale. You'd rather enjoy the income from the property and let someone else manage it.
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