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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Lanesborough Real Estate Investment Trust
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Comment by mrtnreaon Nov 18, 2010 2:14pm
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Post# 17725775

RE: RE: RE: RE: Questions about the non cash distr

RE: RE: RE: RE: Questions about the non cash distrWell then how do you explain the TAX BILL a friend got who had his LRT units in a non-RRSP account last year ??

Mine are in an RRSP account and I paid NO TAX. He paid tax.

Also someone on this board also sold on this announcement last year and bought them back after the "FAKE distribution" was announced to avoid the tax.

These are the facts as i know them from last year.

Mrtnrea
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