Expert Analyses of the following article:
How 1 Property Sank the Savings of 35 Investors
Source: online.wsj.com
July 11, 2008
A TIC By Any Other Name Is a Blood Sucking Insect
Author: GLG Expert Contributor
Author: GLG Expert Contributor
For the better part of five years, TIC (tenant in common) investments were heavily promoted to individual investors as a "safe" and hassle- free investment alternative to whole ownership, primarily to those wishing to defer taxes on the realized gain from a sold property or properties. These investors were sold a bill of goods and these investments are proving to be disastrous as the markets...
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