True North Commercial REIT T.TNT.UN

Wow!! 9.37% Dividend Monthly Payout!

[ElkInvestorCA]

This REIT sounds amazing! Mostly all government and professional tenants (low risk) and their current SP is at a great level for future growth! One of the best gems in the market right now!

[pandsca]

Yup, it's safe and pays monthly at that. I've had this stock for years. After collecting Divs for 5 years, I had sold everything for $8.15 just before the March melt-down last year. I then got lucky picking up a tonne around $4 last March. I've been adding more since and have never had any regrets. It's not just a great stock as yo umention, the company has great solid and

[truthseeker1]

I have a lot of tnt  and also skyline (private) nice thing with skyline the value does not fluxuate  I figured commercial values would be stagnent  but surpise surprise my skyline  went up 2.75  so iam(on paper) 412K richer  ;; selling your tnt  at 8.15 and buying at 4 was pure luck for sure  trouble is  the roc u recieved and the increase in value are

[pandsca]

Not taxable. All in my, and my wifes TFSA accounts. I generally don't withdraw from, or contribute to, my TFSA accounts as it's money that would have gone to a lot of beer anyhow :) I leave my RRSP's and other investment accounts to be managed with brokers and plan those as part of my retirement income. TFSA's will become just another suppliment I'll use for the odd spending

[CanSiamCyp]

Hey Truthseeker! Re the RoC issue: I hold mutliple REITs in our Margin Account - and some (like TNT.UN) were selected for yield and the high proportion of RoC in their distribution - to reduce the annual tax bill. I'm not worried about the ultimate tax bill - cuz I'm not planning on selling. So CG taxation will be an estate issue after the last survivor of my wife and I kicks the bucket