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Bullboard - Stock Discussion Forum Pure Multi-Family REIT LP PMULF

"Pure Multi-Family REIT LP is a Canada-based real estate investment trust. It invests in multi-family real estate properties focused on luxury resort-style apartment communities in the United States, which offers investors exclusive exposure to U.S. multi-family real estate assets. Its portfolios are in Dallas, Texas, Arizona, Houston, Georgia, San Antonio, Phoenix, and Nevada. Its portfolio... see more

Bullboard (OTCQX:PMULF)

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Post by retiredcfon Nov 20, 2017 8:19am

CIBC

Also a US$ target. GLTA Pure Multi-Family REIT LP Steady Operational Results Through "Stormy" Weather Our Conclusion Despite a somewhat ...more  
Post by retiredcfon Nov 20, 2017 8:10am

RBC

Current and upside scenario targets are US$6.75 and US$7.50. GLTA November 17, 2017 Pure Multi-Family REIT LP Poised for a rebound in 2018 Our view: Pure ...more  
Comment by maypeterson Nov 17, 2017 8:28pm

RE:RE:RE:RE:Withholding Tax

Agreed. But interest income not much in the distribution.
Post by DanielDarden123on Nov 17, 2017 4:56pm

CIBC U.S.$

At 6.10 the discount to NAV/u (7.00) is 13% using a cap rate of 5.5%. The estimated AFFO/u gain for 2018 is 38% to 40 cents/u giving a P/AFFO of 15.3X vs peers at 20.3X. The payout ratio drops ...more  
Post by bruloilon Nov 15, 2017 9:26pm

Q3

As usual: excuses... Nothing about tse...= management should consider the shares holder. FFO paid out = disappoint
Comment by Aminvestor1234on Nov 15, 2017 8:22pm

RE:RE:RE:Withholding Tax

maypeters: Under the Canada/U.S. Tax Convention, certain types of income are exempt from withholding tax, interest is one of them.
Comment by maypeterson Nov 15, 2017 7:47pm

RE:RE:Withholding Tax

Then it is definitely not classified as US interest income. Foreign income especially US has withholding tax - IRS makes the rules.
Comment by Aminvestor1234on Nov 15, 2017 7:06pm

RE:Withholding Tax

Daniel: This is not entirely true. It depends on the type of income. I have a few Exchange Traded Notes (ETNs) that pay interest between 12% and 21%. None of the interest payments is subject to ...more  
Comment by maypeterson Nov 15, 2017 10:20am

RE:RE:RE:RE:RE:RE:Not easy to get on board

It is not bad. The ROC is actually quite attractive since you get to convert the dividends into capital ains. Since these are not eligible dividends and do not attract the dividend tax credit - the ...more  
Post by DanielDarden123on Nov 15, 2017 10:10am

Withholding Tax

It does not matter which version you hold. U.S. income is subject to w/T unless in RRSP or RRIF.
Comment by Aminvestor1234on Nov 14, 2017 8:15pm

RE:RE:RE:RE:RE:Not easy to get on board

Sounds awfully complicated for my small investment. Although the distribution is 6%, but after taking into account the 25% withholding and 25% of ROC, the net return is only 3%. No longer all that ...more  
Comment by maypeterson Nov 14, 2017 5:31pm

RE:RE:RE:RE:Not easy to get on board

It is the kind of account that you purchase the shares in that matters more than the actual exchange.  The reason that there is a with-holding tax by IRS is because 100% of the revenue from RUF ...more  
Comment by Aminvestor1234on Nov 14, 2017 4:29pm

RE:RE:RE:Not easy to get on board

TimeBuilder: What if the shares are RUF.UN purchased from the TSXV, are the monthly distributions subject to withholding tax?
Comment by TimeBuilderon Nov 11, 2017 1:26pm

RE:RE:Not easy to get on board

Note you must remember....THAT....CDN investors will experience a USA WithholdingTAX on the monthly distribution IF held in their CASH or TFSA accounts.....FYI: We only hold RUF.UN.T in our RRIF and ...more  
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