Tom MacKillop

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WHAT IS “LIKE-KIND” PROPERTY?

There is some confusion regarding what type of property qualifies for a §1031 tax deferred exchange. The Internal Revenue Code Section 1031 states that “no gain or loss shall be recognize...
No. It all depends on the investors goals; level of control desired and risk tolerance. One of the key drawbacks tenant-in-common form of ownership is control. While the investor has a proportional ...

WHAT IS A TENANT-IN-COMMON?

Tenants-in-Common (TIC properties) programs, also known as fractional-ownership or co-ownership, provide the ability for investors to buy partial interests in a property as an alternative to hav...


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