Fractional TICs give owners the financial independence that has been associated with condos, without the need to wait for a condo conversion, a process which can take anywhere from 2 to 10 years depending on the specific requirements for the subject property.

It does not appear there is anything else to report.The end conclusion is probably not going to be promising for investors in this fund as Stuart mentioned he had concerns and they also have not submitted audited financials in years which based on my experience from others who do a Reg A and do not submit financials it has meant they are not good.

When I contacted MFM, they told me to direct my complaints to Prime as they operate independently of them.

Just leaving it sit without any investment use might not be enough to establish your intent in an audit. 

As this approach uses very little documentation, it is the least reliable methodology in preparing a cost segregation study.To see all of the steps included within each method, refer to Chapter 3 of the IRS Cost Segregation Audit Techniques Guide.What methodology has your company utilized?

Hey Troy, I would make sure to have a CMA and possibly order an independent appraisal once the rehab is complete.

Now Im looking to maximize my potential, gain some financial independence and start making my money work for me and not work for my money.

He and I have been discussing this since we discovered the idea independently and realized we have a similar goal. 

I am financially independent and don't have a job, though.

Leverage the CPA path: Your auditing and financial background will give you an edge when scaling.