Tenants-in-Common or TIC ownership allows multiple buyers to purchase an undivided percentage of a single piece of property. Each buyer receives his own deed to the property and benefits from all of the income, tax shelters and appreciation it provides. All Rockwell TIC properties have the following characteristics:
- $150,000 minimum investment amount
- Property is offered debt-free
- Long-term, corporate-guaranteed lease
- No closing costs
- Satisfies IRS requirements for 1031 exchanges
RICHARDSON , TX
Richardson is located in Dallas County and is part of the Dallas-Fort Worth-Arlington metropolitan area. With a population of nearly 2.4 million, Dallas County is among the top ten most populous regions in the United States. Over the last decade Richardson has received many prestigious awards for being among the top places to live, raise children and commute to work by both Money Magazine and Business Weekly. During the widespread economic recession that has swept the nation in recent years, Richardson has enjoyed steady growth and boasts a strong and vibrant economy.