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Bullboard - Stock Discussion Forum True North Commercial REIT TUERF


Primary Symbol: T.TNT.UN

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT’s primary objective is to maximize total returns to its unitholders. Its returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a... see more

Bullboard (TSX:TNT.UN)

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Comment by EstevanOutsideron Mar 16, 2024 6:43pm

RE:Funds for buying on the NCIB should run out soon

These are the properties they are known to be selling: 251 arvin street hamilton $2.7 million $395 psf 3650 victoria park north york $38 million $251 psf 1161 CRAWFORD DR peterborough $9.25 ...more  
Comment by luscar99on Mar 16, 2024 6:33pm

RE:RE:RE:RE:RE:Funds for buying on the NCIB should run out soon

1. I take a guess here and I say you don't own a business.  I do.  Tax losses reduce taxable income. It's as simple as that. Selling an asset under its previously assessed value (let ...more  
Comment by BlueJay2020on Mar 16, 2024 5:58pm

RE:RE:RE:RE:Funds for buying on the NCIB should run out soon

Tax works on a cash/realized basis so simply writing down the value of an asset would not affect the rules on distribution.  If it did, it would be a masive loophole...
Comment by lancebryanton Mar 16, 2024 4:28pm

RE:RE:RE:RE:Funds for buying on the NCIB should run out soon

You, like many people; dont actually read what people say. We are actually of the same mind.  Yet you managed to find a way to disagree. Welcome to democracy I guess. And for the record; you ...more  
Comment by luscar99on Mar 15, 2024 2:24pm

RE:RE:RE:Funds for buying on the NCIB should run out soon

It's not 95% of "funds". It's 90% of taxable income. And as long as these REITS sell or reassess the value of their buildings at a fraction of what they've paid for  the ...more  
Comment by lancebryanton Mar 15, 2024 1:42pm

RE:RE:Funds for buying on the NCIB should run out soon

The post went right over your head. Read the tax laws. They have to pay the money out as DIVIDENDS, or pay tax.  It's not that they dont have funds; its that they will have to pay tax if ...more  
Comment by lancebryanton Mar 15, 2024 1:41pm

RE:RE:Funds for buying on the NCIB should run out soon

The tax requirement is that it 95% of funds have to be paid in terms of dividends, not as buybacks.  If REITS could only buyback shares and never pay dividends and never pay tax on those ...more  
Comment by lancebryanton Mar 15, 2024 1:40pm

RE:RE:Funds for buying on the NCIB should run out soon

If you cant understand that comment then I don't know how to help you. lol.
Comment by luscar99on Mar 15, 2024 12:14pm

RE:Q4/YE Results soon?

I'm pretty sure he will. The recent update contained this highly unusual phrase: "There were no purchases made by insiders of the REIT during this period in compliance with the REIT’s ...more  
Comment by giovincoon Mar 15, 2024 1:00am

RE:Funds for buying on the NCIB should run out soon

Sorry but what are you saying? I can't understand anything because of the poor sentence structures and communication errors. I hope English is not your first language, otherwise you would have ...more  
Post by gold_diggers1on Mar 14, 2024 11:46pm

Q4/YE Results soon?

Pretty soon Q4 and YE results will be announced and DD will be out of black-out period. Will DD continue to buy shares under his own name? GLTA
Post by ARGONOTon Mar 14, 2024 10:24pm

TNT.un

THIS $850MIL MARKET CAP COMPANY.SAD SAD STORY.glta
Comment by luscar99on Mar 14, 2024 10:03pm

RE:Funds for buying on the NCIB should run out soon

Q3 AFFO was $10.1 million. At $10 a share they could buy 1 million shares per quarter. They could easily buy 15000 shares every trading day. The NCIB was for 1.433 million units until April 17. At ...more  
Comment by garyreinson Mar 14, 2024 9:37pm

RE:Funds for buying on the NCIB should run out soon

Not sure what you mean- they specifically said at the onset they woudl redirect all distribution amounts to the NCIB.  So if they were paying ~8m a month in dividends it was going to the NCIB. I ...more  
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