The TIC replacement property market provides a liquid venue for the tax-bound investor who wishes to exchange into a proportional interest in larger, institutional-type properties, professionally managed, with triple-net cash-on-cash yields often significantly higher than local alternatives.   What is Tenant-in-Common Ownership? Tenant-in-common ownership is often initially mistaken for a limited partnership, blind pool, or [...]

What a difference a few years make.  When I first started talking about ICs, many clients and brokers were obsessed with risk and flaky sponsorswho would steal the rent money.  Now, after years of seminars by clueless stockbrokers, clients are pouring money (on faith) into questionableproperties with unknown sponsors.   A flurry of calls over [...]

 A departure from my standard topics, but since I have a daughter with Down Syndrome, my interest is obvious. Financing the Care of a Disabled ChildBy Mohammed Hadi The Wall Street JournalFebruary 4, 2007  Parents of children with severe disabilities can turn to their doctors for medical advice, their religious leaders for spiritual guidance, and [...]

Today's Wall Street Journal has an article on a proposed ruling that will largely eliminate the tax benefits of a private annuity trust.  The ruling disallows the tax-deferral and instead requires immediate tax payment on the present value of the annuity payments.  Private annuity trusts are a highly specialized tool that have been over-marketed as [...]

The following is from a brochure we distribute to commercial real estate brokers, for clients evaluating their tax and reinvestment options as they reposition in the current market:  The Tenant-in-Common industry has exploded since the IRS clarified the guidelines for a 1031 exchange.  Each year, an increasing volume of TIC properties are marketed through the [...]