TN 4.0 hours Working with TICs (Tenant in Common Ownership Interests) - Course Syllabus
4.0 Elective Hours
This course is approved for continuing education hours for both salesperson, affiliate brokers and brokers by the Tennessee Real Estate Commission - course approval #TREC 4653 and/or The Tennessee Auctioneer Commission - course approval #105-0002
"Working with TICs" is written for the commercial or residential agent who wants to learn about what is now more than a $5 Billion annual industry. Information includes a discussion of how IRC Section 1031 exchanges are driving the TIC industry and what procedures the IRS suggests in making sure a TIC investment qualifies for tax deferral. Current controversial issues such as whether a TIC investment is considered real estate or a security and whether a real estate agent can receive a commission on the sale of a TIC interest to their client.