Many baby boomers invested in TICs — tenant-in-common projects — between 2001 and 2007. Nearly a decade later, many of these folks are now finding themselves the victim of TIC fraud. How serious is the problem? Several shady promoters claim to have raised over a billion each. An IRS ruling in 2002 opened the door […]
Sad Day For Cabot Tenants In Common Investors (TIC Post)
We represent dozens of tenants in common (TICs). Many of our clients invested with Carlton Cabot and Cabot Investment Properties. No telling where Cabot is hiding these days although its pretty common knowledge that investors, regulators and even the feds are hot on his trail. Whether or not his investors will ever be made whole […]