Everything You Need to Know About TIC – Reserves, Financials and Proforma

The TIC investment is one of great popularity, one that offers many advantages but which also holds many potential risks. In this investment, multiple qualified property owners come together in order to purchase a property or piece of real estate. Each of the co-owners involved here holds responsibility and is willing to assume the inherent risks and expenses that are associated with real estate investments in general.

TIC: Reserves, Financials, and Proforma

When it comes to TICs it is very important that any potential investor be aware of the TIC: reserves, financials, and proforma. One of the most important issues on TIC: reserves, financials, and proforma, is one that involves the rights of the tenants involved.

Each of the tenants in common property owner has all of the same rights as a single owner, and they share the same share of risk as well as net income or losses and tax benefits.


There are a few rules related to TIC: reserves, financials and proforma, three in particular which are: the Three-Commercial Property Rule, the Two Hundred Percent Rule, and the Ninety-Five Percent Exception.

The first, the Three-Commercial Property Rule allows the exchanger to identify up to a total of 3 potential replacement commercial properties within the acquisition period. The Two Hundred Percent Rule holds that if there are three or more commercial properties that are identified as replacement commercial properties then their aggregate market value cannot exceed that of 200% of the value of the commercial property sold.

Finally with the Ninety-Five Percent Exception, this is only used in the event that the first two rules do not apply, and in this situation the aggregate market value of all properties acquired in the exchange must comprise of at least 95% of the closing value of the commercial property relinquished.

There is also other important information regarding TIC: reserves, financials, and proforma that any potential investor should be aware of, and if you are considering this the best idea is for you to talk to your tax consultant. They will assess your current situation and help you to decide whether or not this is going to be a smart move for you to make.

You can also do a bit of research on your own, by using the Internet and reading up on TICs and similar investments. The more educated you are the better off you are going to be, and the more intelligent and rewarding financial decisions you are going to be able to make.

Debt Relief – Are You In Need Of Advice and Information Regarding Debt Relief

Are you in such a situation that you find it impossible to pay the monthly installments on all your loans. If this is the case then you may be in need of advice and information regarding debt relief. However you should keep in mind that although debt settlement does not ruin a person the way bankruptcy does, it definitely has an adverse impact on your credit scores. This is the reason that you should try and repay your loans in full. In order to decide whether you really need a debt relief program it is best to consult professional debt counselors. Many settlement companies provide financial guidance free of cost or for a nominal fee. As an alternative you can approach one of the many debt relief networks. These networks are non profit organizations and have the debtors’ best interests at heart.

These debt relief networks analyze your current financial situation and plan a budget for you in such a way that you can repay your loans in full over a reasonable period of time. However if they realize that you are not in a situation to ever repay the loans in full, they may help you find a legitimate settlement company. If you wish to handle the debt settlement procedure yourself, they will provide you advice and guidance to do so.

Under a debt settlement program you can approach the creditors yourself or through a settlement company. The creditors then assess your current financial situation and gauge your actual paying capacity. They then decide on a payable amount which is sometimes as low as 50% to 60% of the original loan amount. The better you are at negotiating, the lower will this amount be. This negotiated amount can then be paid off as a lump sum or in the form of equated monthly installments. In order to further reduce the burden of loan you can consolidate the various high interest loans with a single low interest loan. This will also make the repayment more manageable. Another option is to offer some collateral as security against the unsecured loans and convert them into secured loans with lower interests.

IVA and Bankruptcy Loan and Information!

Have you been finding it very difficult to deal with multiple debts and are considering going for bankruptcy? Before choosing this option, it is advisable you gather all the information about bankruptcy. Bankruptcy has serious implications. It has long term effects. Hence seeking prior information can help one deal with the situation well.

One can find IVA and bankruptcy loan and information from scores of experts. There are many financial experts offering this advice online too. These experts will help you figure out if you really need an IVA, or should consider going bankrupt.

If you are experiencing creditor pressure or fighting bankruptcy fears, you might need IVA.

What is an IVA?

IVA stands for Individual Voluntary Agreement. An IVA is a government backed, legally approved solution to your debt problems. Introduced as a part of the Insolvency Act of 1986, IVA is an agreement with your creditors which helps reduce your monthly payments, freeze interest rates and write off your debts in time (generally less than five years).

There are numerous advantages of an IVA:

o It will help you reduce monthly payments

o Freeze interest rates

o Avoid bankruptcy and legal action

o Wipes off debts to a large extent

A good IVA should:

o Must contain an honest declaration of your assets and estimation of future earnings

o Must yield high return to creditors

Online IVA & bankruptcy help can save a person from the unnecessary hassle of running around. A person can easily get IVA help online and make a quick decision. Online bankruptcy advice can also provide an insight into the serious implications f bankruptcy.

Bankruptcy is ordered by a court and means that you are legally freed from your debts. However, the borrower will have to sell most of the possessions, including house and car, to help pay off as many debts as possible. Bankruptcy has a social stigma attached to it. You may be prevented from taking certain jobs as a result.

The greatest disadvantage of bankruptcy is that a borrower’s credit score is at stake. It may take many years to reestablish the credit score. Being declared bankrupt has long lasting consequences which can affect your life for many years. Hence, one should opt for this only if all other means have failed.

You may wonder if IVA’s make a better option?

An IVA is arranged by an Insolvency Practitioner who will negotiate with your creditors to allow you to pay off as much of your debt as possible, within a set time frame, which is normally five years. Any debt remaining after that time is then written off by the creditors.
Being relatively new, IVA’s don’t carry the social stigma of bankruptcy and do not entail handing over your possessions to the control of an official receiver if you are declared bankrupt.