 What are TIC Programs and How Do They Work?
A Tenant-In-Common (TIC) is fractional ownership in a property, such as an office building, high rise, shopping center, restaurant, or a single-tenant building. Owners of TIC properties have all the advantages of commercial real estate investment, without the headache of property management.
By exchanging into a "Tenant In Common" property, you can reap all of the benefits of being invested in real estate without the day-to-day headaches of "hands on" property management. TIC programs allow investors the time and freedom to enjoy the activities they like, without the responsibilities typically associated with landlord -tenant relationships.
- No management requirements
- No property taxes
- No maintenance
- No day-to-day landlord headaches
- Property Depreciation
- Stepped-up-basis
- Participate in the appreciation on sale of the property
- Institutional-grade properties
- NNN leverage
- Avg. 3-6 year holding period
- Diversification
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