A consultation fee may be a creative way of circumventing the fact that TIC investments are classified as securities and a securities license is necessary to obtain a commission or referral fee. Never tried this before. Remember that "like kind" is used in section 1031 in a very broad sense. The fact that the property is an investment property will often suffice, i.e. selling multifamily, buying land, office, retail or industrial.
Apr 12, 2010