True North Commercial REIT T.TNT.UN

Alternate Symbol(s): TUERF

True North Commercial Real Estate Investment Trust (the REIT) is a Canada-based unincorporated, open-ended real estate investment trust. The REIT is primarily focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. 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 portfolio of commercial properties. The REIT owns and operates a portfolio of about 40 properties consisting of approximately 4.6 million square feet in urban and select strategic secondary markets across Canada focusing on long-term leases with government and credit-rated tenants. Its properties include 36 and 38 Solutions Drive, 500 Beaverbrook Court, 61 Bill Leathem Drive, 675 Cochrane Drive, and 1112 Fort Street, among others.

TSX:TNT.UN - Post by User

True North Commercial REIT > wont budge a cent

<< Previous

Bullboard Posts

Next >>

Comment by pandscaon Jun 25, 2022 4:24pm

284 Views

Post# 34782505

RE:RE:RE:RE:RE:wont budge a cent

If you added them to your TFSA, you'd be able to collect the DIV's tax free. That's how I and my wife role ;)

We currently collect a few thousand in TNT DIVs each month and let that build up until we see deep dips in SP. This plan works well for us and we'll be able to withdraw about 4 grand / month from our TFSA's alone come retirement in a few years. That'll still keep us in teh tax free withdrawal range.

That plus our RRSPs and we'll support our expensive hobbies. ;)

Best of luck with your plan, sounds like you're on the right track as well!

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China