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More Financial Fallout to Watch For

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Contributed by: Bob Speaker on 11/24/2008

Tenants-in-common real estate deals, an article from The Denver Business Journal, reports that the formerly hot tenant-in-common (TIC)real estate investment market has cooled off in the metro Denver area. The volume is expected to remain low until loans are easier to come by. There is a consolidation trend among TIC sponsors, or companies that orchestrate TIC deals. In the early 2000s, TIC investments became popular because of there lack of hassle - the investors didn't have to personally manage the properties. Also, TICs defray risks by dividing ownership among multiple investors. These types of investments also became popular within the 1031 tax-deferred exchange model following the IRS's 2002 decision to allow sellers to use TICs to reinvest proceeds.
For additional Real Estate information or needs go to:
Bob.SearchinDenver.com

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Bob Speaker

, CO

Bob Speaker has posted 7 blog entries and 0 comments since joining on 3/30/2007. Bob Speaker 's average blog rating is 0.

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