Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What investment amounts are ordinarily required for TIC ownership?

0
Posted

What investment amounts are ordinarily required for TIC ownership?

0

Revenue Procedure 2002-22 issued by the IRS allows up to 35 TIC owners in any one property. The typical investment in whole commercial building begins at $1/2-$1 million. Through TIC ownership, the average person is able to enjoy ownership in an institutional-type property with a minimum investment. Minimum purchase requirements are structured to meet this limitation and can range as low as $50,000-$150,000 equity. Besides reliable income and growth potential, these properties are able to attract tenants with greater financial strength and stability than possible for the individual landlord.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123