RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Special Dividend received March 8, 2024I see that sucks I have a private reit i have been in for years (there the best) however they never stole the cash like AP did but forced a large Capitol gain on us as more shares ;;I told them next time i want the option to take the cash and believe it or not that was what they offered this time around; cash or more shares ;;I took the cash
masfortuna wrote: rabnud wrote: All iever read was "
Payable in Cash and C$5.00 Per Unit Payable by the Issuance of Units of Allied to Unitholders of Record as at Dec 29 >AP.UN.T this statement certainly made it look like the money went to buying more shares ? nedstar71 wrote: rabnud wrote: the only report i read was quote:::
2023-12-15 12:27:00 GMT *DJ Allied Properties Special Distribution of C$5.48 Per Unit, Comprised of C.48 Per Unit Payable in Cash and C$5.00 Per Unit Payable by the Issuance of Units of Allied to Unitholders of Record as at Dec 29 >AP.UN.T so where did the $5 per unit end up??
In one's taxable captial gains only, and raising one's cost base going forward. I give up, not worth my time. If you aren't capable of deciphering the news release I provided on the matter there's no point in explaining it further. While it's a little convoluted, I've dumbed it down as much as possible. Stick to GIC's. Byeeeee.
No. It's a tax issue. When they sold the property, the profit is liable to capital gains. So they offset that liability on the shareholder. That's it.