Tic-Toc For Tics?
Tenancies-in-Common (TICs) continue to remain popular among real estate investors. A TIC is an undivided fractional interest in property. Investors are attracted to them because of the ability to exchange current real estate investments for a TIC interest on a tax-deferred basis as part of a Â§1031 exchange. With this backdrop, the TIC industry is flourishing with estates that the industry will raise more than $40 billon by 2011. If properly structured and with the right people, acquiring a TIC interest can be a very profitable and wise investment.