Florida 4 hours Working with TICs (Tenant in Common Ownership Interests) course.

Approved by the Florida Department of Business and Professional Regulation

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.

Continuing Education is required for both active and inactive real estate brokers and salespersons. Active or inactive brokers or salespersons must take a 14-hour continuing education course during each 2-year license period following the initial license renewal. The 14-hour course must contain 3 hours of core law and 11 hours of specialty topics that focus on real estate issues relevant to Chapter 475, Florida Statutes. Successful completion of this course satisfies 4 hours of the 11 hours of specialty credits for continuing education.

Tenant in Common (TICs)

Desired Learning Objectives:

• Be aware of the extremely high level of activity in the investment real estate market place.
• Understand the importance of the Tenant in Common Marketplace
• Realize the TICs are not a legal entity but a combination of fractionalized interests.
• Identify the areas where the IRS rules on Sec. 1031 Exchanges relate to the Tenant in Common ownership format.

Conflicts in TIC Transactions: Real Estate or Securities?

Desired Learning Objectives:

• Understand the conflicts in TIC Transactions: Real Estate or Securities?
• Understand TIC Interests and the Real Estate Industry.
• Know the current controversies.

Proposal for Real Estate Agents who wish to Sponsor TIC Transactions as Real Estate

Desired Learning Objectives:

• Proposal for Real Estate Agents who wish to Sponsor TIC Transactions as Real Estate.
• Learn the future of the TIC Industry.