By Tom Hanna, 4 years and 9 months ago
Tenant-in-common pitfalls
Investor's Business Daily has a piece on pitfalls to watch out for in tenant-in-common or TIC investing.
Specific tips include:
- Do due diligence ont the property
- Get a good TIC Agreement
- Be careful with time pressure
- Check with securities regulators
«Investors are often lured by the deferral of taxes but forget to look at whether the basic investment is sound,» said Michael Stevenson, director of securities at Washington State's securities regulatory agency.
Investor's Business Daily: Breaking News
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