Realtynet tenant in common (TIC) investments enable the average investor to participate in a category of real estate previously reserved for wealthy, institutional investors. Under the TIC ownership structure, ownership of a commercial property is held by multiple owners, not as limited partners or as an entity, but as individual owners. Each owner receives an individual deed at closing for his or her undivided fractional interest in the entire property and has the same rights as would a single owner. This form of ownership is known as co-tenancy or tenants in common.
TIC properties are chosen because they can provide credit-worthy tenants, secure monthly income, stability, and growth potential. Furthermore, fractional ownership provides you with the ability to diversify your 1031 Exchange into more than one property and to participate in potentially larger, institutional quality properties. Thus, small investors in one area of the country may participate in net lease properties all around the country. See TIC Advantages for the many benefits of Tenants In Common ownership.
The key benefits of owning a TIC Property:
- Debt free ownership
- Participation in larger transactions than would otherwise be possible for the average investor
- Long term, secure cash flow potential
- Owners hold deeded interest in real property
- Higher potential for greater returns on institutional grade properties
- Significant tax savings and benefits
- Owner control of property with credit worthy tenants
- Extensively researched, professionally vetted opportunities
- Single tenant properties
- Eligibility for a 1031 exchange
- Qualified as a legal, undivided interest in real property (see IRS Revenue Procedure 2002-22)
- No brokerage or legal fees
- Interest is sold (and can be resold) as traditional real estate
Realtynet Advisors can provide you with credit-worthy tenants, secure monthly income, stability, growth potential, and tax savings. Now you can own property leased to a Fortune 500 company, a national or regional retailer, or even the United States Government.