Seminole, Florida (PRWEB) May 12, 2006
Many investors today like the benefits of real estate ownership, including the monthly cash flow and the tax benefits, but they don't have time - or don't wish to - manage the properties and tenants. They may be retirees who have handled real estate investments for years or they may be young professionals with a busy job and families. What could be one solution? A Tenant in Common (TIC) property.
TICs are not for everyone, and there are some downsides to the investments. But for the right investors, they can be a perfect solution. The newly published book "Effortless Cash Flow: the ABC's of TICs (Tenant in Common Properties) discusses these investments and was written to educate investors about this choice. "Knowing and understanding any investment before placing hard-earned money into it is essential, and for such a complicated kind of investment like a TIC, that goes double," says author Kathy Heshelow.
Many investors today conduct what is called a '1031 tax-deferred exchange' when they sell investment real estate. Those who intend to re-invest their sale proceeds into another real estate investment can defer the capital gains by reinvesting using the 1031 exchange (referring to a section of the IRS Revenue Code). The rules and time frames to handle this 1031 exchange are difficult, but because TIC investments are pre-packaged and 'ready to go', they have become an interesting choice by many investors. And because these investments are Class A, high level properties, many investors actually trade up to a better quality of real estate.
Effortless Cash Flow: the ABC's of TICs goes into all aspects of the TIC industry and gives the reader a knowledge and understanding of the investments.
For more information, kindly contact the author Kathy Heshelow.