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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 includes Pure Fillmore Appartments, Pure Farmers Market Apartments, Lansbrook At Twin Creeks, The Avenue


OTCQX:PMULF - Post by User

Post by StormyDon Mar 25, 2019 12:59pm
99 Views
Post# 29532244

FYI: Collective Refund Mechanism: Screwed by the brokerages?

FYI: Collective Refund Mechanism: Screwed by the brokerages?Following message received from the RUF.UN:
For any over-withholding incurred on your distributions at year end, due to the Return of Capital portion, you shouldn’t be out any money at the end of the day since y
our broker (the “Withholding Agent”) has the ability to file a form with the IRS to claim this over-withholding back (“Collective Refund Mechanism”), which they can then redistribute back to all of their clients that incurred this during the tax year.

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