Yep, timing is everything.
The concept was touted by commissioned sales people and seminars, always a red flag.
Still, TICs could evolve into viable products if competition and the transparency of an efficient marketplace took hold. For example, shares should be able to be bought and sold. Right now our old-fashioned founding documents allow it only with a $25k fee.
REITs also evolved to become respectable investments, but it has taken decades. With today’s computer-enabled communications, TICs will come along faster. The 1031 exchange aspect of TICs are just too compelling for them to fade away.
