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Tenant-in-Common (TIC) Investment

In 2002 the IRS issued Revenue Procedure 2002-22 governing the structure of tenant-in-common (TIC) property investments. A Reg D tenant-in-common (TIC) investment is a structure of property ownership where multiple investors – up to 35 – can pool their funds to purchase real estate. As a TIC owner, an investor has an undivided fractional interest in property and shares in a portion of the net income and appreciation. Each TIC owner receives a separate property deed and title insurance for his portion of the property. This provides each investor many of the same rights and risks of sole property ownership.