| What Is a TIC (Tenant-in-Common)
Ownership?
Tenant-in-Common, also known as fractional
ownership, allows investors to own an undivided fractional interest in an eligible exchange investment opportunities
and enjoy the risks and rewards of ownership. Tenant-in-Common owners
receive a separate deed, and title insurance for their percentage
interest in the property and have the same rights any single owner
would enjoy. In addition Tenant-in-Common properties, according to
IRS issued Revenue Procedure 2002-22,
qualify for a 1031 Tax Deferred Exchange.
Tenant-in-Common investment
ownerships have become the primary investment vehicles for property
owners seeking to complete a 1031 Tax Deferred Exchange. Accredited
investors seeking to purchase Tenant-in-Common investment opportunities
hope to exchange their built-up real estate equities for investment
opportunities which are or may be managed by professional real estate
companies, thus relieving Tenant-in-Common owners from the headaches
of daily management. The income, debt, tax benefits, and risks are
shared among owners in direct relation to their percentage of
ownership.
For more information, and to learn
how Charter Financial Management Company, Inc. and California Premier
Exchanges and Investments, Inc.
may offer you alternative 1031 exchange investment
opportunities, call us Toll Free TODAY :
1-888-411-4CPE
Available 7 days a week 9:00 AM to 6:00 PM Pacific Time
Or send an email to: charterfinancialcpa@msn.com
(please include your phone number in the email so that we can
better serve you).
Securities and Advisory Services offered
through Alta Investments, Inc., Member NASD/SIPC.
This web-site
does not constitute an offer to buy or sell any real estate,
securities, or insurance. No specific products are discussed and this
material is for information purposes only. Such offers are made only
by prospectus or engagement agreement. A prospectus or contract
should be read thoroughly and understood before investing. As with any investment
opportunity, there are various
risks, including but not limited to illiquidity, limited
transferability, limits on management control of the property,
variations in occupancy, which may negatively impact cash flow, and
loss of principal. Investment values may fluctuate based on
economic and environmental factors. The suitability of such
investment will be assessed for clients based on their objectives,
risk tolerance and time horizon. |