The IRS allows TIC interests to qualify for 1031 as long as the arrangement doesn't resemble a partnership or joint venture.To stay compliant, your TIC agreement should follow the IRS guidance in Rev.

In the last 20 years they have been using the shared courtyard as their personal storage space, which resembles a junkyard.

Looking at buying a condo in LA and wondering if anyone on here has come across TIC arrangement and what your thoughts are.  

The FTC is seeking to block the arrangement and potentially unwind parts of the deal, signaling a clear warning that anticompetitive agreements in digital real estate platforms will face serious scrutiny.

I bought 7 properties this year.  3 came from a new home builder, who had old unused financing arranged when the subdivision was started. 

I like the concept of keeping things simple.I would buy the property separately without your friend.It might sound fun doing a business with a friend but a business arrangement is almost like a marriage.One issue that I can see is the timing of sale - who gets to decide when to sell the propertyHow much time will each person spend?

I'm better than 95% of them in my area (maybe higher), can do/build/fix virtually anything, and can get it done faster than arranging for a guy to come out.

Our arrangement with the contractor turned what could have been a more money out of our pocket into a win for everyone.

Even if you don't, you might be able to claim that such an arrangement is normal business practice even absent the exact verbiage.

Interest paid on these arrangements is generally deductible when linked to income-producing property, while sellers can defer taxable gains by spreading income over time.