American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s): AHOTF | T.HOT.UN

Real Estate REIT - Diversified

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures

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Comment by hpjtv77on Sep 13, 2019 1:15pm

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Post# 30124343

RE:RE:RE:newbie questions:

Correction, there's no withholding tax on Sot.un but there is a US withholding tax that is taken off every month on Hot.un

hpjtv77 wrote: I've only been holding Hot.un and Sot.un since March as I'm new to this and it's in a regular TD trading account. Didn't realize taxes were taken off until few months ago. So does it mean when tax time comes, do I still have to declare my dividend earnings? If I do, wouldn't I be taxed again on that? Thanks.

deisman03 wrote:
If you don't hold this investment vehicle in a RIFF/RRSP, you will have have US taxes taken off the distribution as well as Canadian taxes.

Holding this trust in any other types of accounts really cuts into the profits.

The reason for the huge distribution is simply because they've been going through some growing pains and along with having to refurbish several of their facilities, it makes ther bottom line look bad.

Take a look at the volumes, higher than normal and ticking up.

You need to make your own decision to buy. If you'r purchasing on broker advice????