Tom MacKillop
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Blogs by this Author
WHAT IS “LIKE-KIND” PROPERTY?
- By Tom MacKillop
- Published December 15th, 2009
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...
IS A TENANT-IN-COMMON RIGHT FOR ALL INVESTORS?
- By Tom MacKillop
- Published December 15th, 2009
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?
- By Tom MacKillop
- Published December 15th, 2009
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...

