Tax Reform

By far the source of the greatest number of questions from my clients in the last two months center around one topic - tax reform.  Learn what is being proposed, the possibility of it passing, when it would take effect and, most importantly, how it would impact you.

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Calculating Property Taxes for Tenancies in Common (TICs)

The biggest disadvantage that TIC’s had relative to other forms of housing - shared mortgages - has effectively been eliminated with the creation of the fractional loan. However owners of TIC’s have and probably always will have a shared property tax bill. Calculating property taxes for Tenancies in Common (TICs) is simple in concept but complicated by two factors.

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