The
tenants-in-common industry is a highly regulated industry. As a
securitized investment, it is overseen by the SEC and FINRA (formerly
the NASD), and
accordingly is subject to their rules and regulations.
Additionally, SEC Rule 205(c) mandates that information pertaining to
tenants-in-common investments should not be made available to the
general public unless such persons have been pre-qualified in regards to
suitability and accreditation. Accordingly, FINRA has advised
that it would be prudent to password protect tenant-in-common websites
so that only investors who have been pre-qualified may access
tenants-in-common information and properties. We believe this
highly regulated environment provides the TIC investor with a level of
protection, as well as access to an investment with the best of both
worlds--the full disclosure of a security and the tax benefits of real
estate.
While
we understand that other websites are not password protected and may
not be following these federal rules designed to protect the investor,
we believe that you as a prudent investor will appreciate our firm’s
culture of compliance, knowing that this type of professionalism is
also being applied in our due diligence process by which we approve
properties to present to our clients (which is also a FINRA
requirement--NASD Notice to Members 05-18), as well as, our privacy of
client information policy and our general
approach to consulting our clients on their TIC investments.
In
order to receive your password, please complete the Tenants-in-Common
Property Information Request Form below. We will promptly contact you for a consultation and to
provide you with your password.
Once
inside the tenants-in-common portion of our website you will find a
robust amount of information on tenants-in-common including:
A lengthy listing
of available Tenants-in-common properties of all asset classes located
throughout the United States,
A detailed
discussion of the advantages of tenants-in-common investments,
A serious look at
the various risks associated with tenants-in-common investments, and
An insightful
overview of the tenants-in-common industry and how tenants-in-common
investments are structured.
Please take a moment to
complete our Property Information Request Form:
Cornerstone maintains an ever-changing database of approved
properties. Please complete the form below to pre-register to be
notified when new TIC properties become available and to download our
Suitability 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
Would you like a Qualified Intermediary (QI)
firm to contact you to assist in your 1031 exchange?
Yes
No
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 principleTax
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 34
56
7
89
10
High
Investment experience:
Real
estate years
Stocks & Bonds years
Partnerships & other
years
Category
Reply
regarding available tenants in common properties
Reply
regarding available
investment properties
Reply
regarding the 1031 exchange process
Comments
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.