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.