The Guidelines of a TIC: Agreement - Part 2

Advantages

There are many advantages that people sharing property together holds from having a TIC: Agreement set into place. For one, ownership of a TIC: Agreement allows the investor to own a fractional interest in a large, institutional-grade investment property.

One of the major advantages of this agreement lies in the potential it offers for tax-free exchange treatment. A taxpayer can use a TIC investment as either relinquished property or replacement property in a qualifying tax-free exchange.

There is also the option of reselling interest in a TIC investment, because significant value could result from this decision. It is important, especially for anyone not completely educated on the agreement speak to a tax consultant or other knowledgeable professional in this area who will be able to help them decide whether or not this is going to be a smart move for the