Real Estate Tax Tips: Owning Property as a Tenancy in Common“Tenancy in common”
Real Estate Tax Tips: Owning Property as a Tenancy in Common“Tenancy in common” (or TIC) refers to a situation in which ownership of a piece of property is divided among multiple people. When the owners of a piece of real estate have a tenancy in common, it can create a number of complications related to taxes. See the full TurboTax article for details. -- source link
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