Tenants in Common (TIC) Industry Overview

Based upon the like-kind rules under Internal Revenue Code (IRC) Section 1031 an exchange may include the acquisition of real property utilizing a tenant in common ownership structure. The TIC property investor owns a fraction of the interest in the property and a proportional share of the property’s net income, appreciation, amortization, and depreciation. Each of the tenants in common investors has their own deed and title insurance for their portion of the property and is entitled to share the possession of the entire package with the other tenants. The tenant in common has the right to transfer the interest and receive a proportionate share of the rent and other profits that their tenant in common replacement properties generate. Accordingly, these rights provide for many of the same benefits enjoyed by sole ownership.

Investors with a relatively smaller amount of equity to invest may take advantage of the low equity requirements and diversification opportunities provided by the TIC structure to invest in larger institutional properties. In addition, income from TIC properties may, in most cases, be sheltered from federal and state taxes by means of interest and depreciation deductions.

Due to the fact that TIC property are structured to be “turn-key” investments with financing and management in place, they may also be an opportune investment for investors who do not have the time, energy, or resources to deal with the identification, acquisition, financing, closing, and operation of investment properties.

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We are required to obtain from the investor a Suitability Form with basic disclosures that will allow us to access suitability before we can provide tenants-in-common properties to the qualified investor. This form does not create an exclusive relationship and does not obligate the investor in any way. Therefore, please complete the form below to pre-register to be notified when new TIC properties become available and to download our Suitability Form.

Listings includes basic financial data similar to this recent listing:

(for example purposes only)

TIC Property Listing Request Form

Name
Address
City
State
ZIP Code
Telephone
FAX
E-mail

*1031 Exchange Information*
Is your property currently listed?	Yes No
Estimated close date of your property:
Your 45-day identification period ends:
Sale price:
Amount of debt
*Suitability Information*
Are you an accredited investor?	Yes No Please read the definition below:
	(The Security and Exchange Commission (SEC) defines an accredited investor as an individual with a net worth of at least $1 million (all assets less liabilities) or net income the last two years of $200,000 (if joint income with spouse $300,000) and with a reasonable expectation of equal or greater earnings in the current calendar year)
Investment objective?	Income Growth Safety of principle Tax advantage
Investment purpose?	Retirement Tax shelter Current income
Investment time horizon?	Long-term (10 years +) Intermediate (3-10 years) Short-term (under 3 years)
Risk tolerance: (check one)	Low 0 1 2 3 4 56 7 89 10 High
Investment experience:	Real estate years Stocks & Bonds years Partnerships & other years

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For more information on this matter or if we may be of further assistance please contact us for a free consultation by e-mail at info@cornerstoneexchange.com or call us at (800) 781-1031 or (714) 939-1031.

Security investments offered through OMNI Brokerage, Inc. (Member FINRA, SIPC)

Tenants in Common (TIC) Industry Overview

TIC Property Listing Request Form

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