What are the qualifications for participating in a TIC?
In order to participate in a TIC co-ownership structure, a qualified investor, with respect to natural persons only, must satisfy one or both of the following criteria: (i) to reasonably expect to earn individual income in excess of $200,000 during the current year or joint income together with said person’s spouse in excess of $300,000 for the past two (2) years; and/or (ii) to have either individual net worth or joint net worth together with said person’s spouse in excess of $1,000,000. With respect to trusts, the trust must show assets of $5,000,000 or more.
