Does Tenancy by Entirety (TBE) Avoid Probate?

Probate is a process by which a court manages the distribution of a deceased person’s assets to beneficiaries. Many people prefer to avoid probate, as it can be a time-consuming process, causing delays in the distribution of assets. Probate is also costly and may expose private financial matters publicly.

Dec 30, 2023

What is a Tenants In Common (TIC) Syndication?

Investors who want to 1031 exchange into a syndication will immediately encounter a few roadblocks. Doing a 1031 exchange into a syndication is not possible since the syndication (in most cases) is considered a security. The exchanger is trying to 1031 exchange from real property into a passive investment. Passive investments are securities. Trying to exchange from real property to a security does not meet the “like-kind” 1031 exchange requirement.

Dec 22, 2023

What Are The Advantages and Disadvantages of Joint Tenancy With Right of Survivorship?

Joint tenancy is a reasonably regular set-up that involves real estate ownership by two or more parties. Common types of shared interests include tenancy in common, community property, or joint tenancy with right of survivorship. Each of these arrangements carries pros and cons. But joint tenancy with right of survivorship (JTWROS) can be helpful in the event of death.

Dec 3, 2023

Does Tenancy by the Entirety (TBE) Have Right of Survivorship?

Tenancy by the Entirety (TBE) is one option among several ways of holding property with one or more others. TBE is only available for married couples who are treated as a single entity for tax purposes. In this usage, both parties have equal rights to the entire property, including these salient advantages:

Nov 28, 2023

What Happens if a Tenant in Common (TIC) Refuses to Sell?

What Happens if a Tenant in Common (TIC) Refuses to Sell?

A tenancy in common (TIC) is an arrangement between two or more individuals (the tenants in common) who share ownership rights to a piece of real estate.

Nov 17, 2023

Tenants In Common Right To Occupy: A Closer Look At This Unique Property Right

Tenants in common, also referred to as tenancy in common, or TIC, is a traditional form of joint property ownership.

Nov 8, 2023

Download The Guide To Tenants-In-Common

The Investor's Guidebook to TIC's
Download eBook