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What is a Tenant in Common investment program or TIC?

April 26, 2017common Investment program tenant tic

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What is a Tenant in Common investment program or TIC?

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Tenant in Common is an investment structure that facilitates real estate ownership in which two or more persons have an undivided fractional interest in the entire property as recorded on the property deed. As a deeded owner, individuals are entitled to receive a proportionate share of income, applicable tax benefits and overall growth of the real estate.