Tenant in Common Investments – Real Esate or Securities?
Many Tenant in common (TIC) deals have been under the control of the Securities and Exchange Commission (SEC) since 2002, which meant that only people with securities licenses could sell securitized TICs. However, because the goods being exchanged are real property, the National Association of Realtors (NAR) has been lobbying for an equal opportunity to sell Securitized tics. After much negotiation with the SEC, the lobbying efforts of NAR are finally paying off. It appears as thought its just a matter of time before real estate brokers will be able to offer securities TIC deals to clients and receive a commission. Learn more at: www.NARexemption.com www.TICexemption.com This is exciting news for realtors across the nation because the demand for TIC deals is increasing, and now real estate brokers can finally provide TICs as an option for their clients. Many people are interested in TIC deals because they offer a hands-off, shared property ownership as a way to defer capital gains taxe
Related Questions
- I am a tenant in a building and I have to pay for common area utility bills and I’d like to see improved lighting efficiency, but I don’t have the authority to make changes. How can I participate?
- Tenant in Common Investments - Real Estate or Securities?
- Tenant in Common Investments - Real Esate or Securities?