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Allied Properties Real Estate Investment Trust T.AP.UN

Alternate Symbol(s):  APYRF

Allied Properties Real Estate Investment Trust (Allied) is a Canada-based open-end real estate investment trust (REIT). Allied is an owner-operator of distinctive urban workspace in Canada's cities. Its business is providing knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied operates in seven urban markets in Canada, which includes Montreal, Ottawa, Toronto, Kitchener, Calgary, Edmonton and Vancouver. Its urban office properties are managed by geographic location consisting of approximately four groups of cities. Its subsidiaries include Allied Properties Management Trust, Allied Properties Management Limited Partnership, and Allied Properties Management GP Limited.


TSX:AP.UN - Post by User

Comment by masfortunaon Dec 15, 2023 10:33am
146 Views
Post# 35786603

RE:RE:RE:RE:Beautiful!

RE:RE:RE:RE:Beautiful!
Frankie10 wrote: Yes, I tax planned for a total $2 special distribution, 75% of which was non-cash... needless to say, I underestimated the tax burden. I'm unphased however as I trimmed 6% of my Dream Office position yesterday (units purchased in the $8's) - so I'm flush with liquidity. Plenty of time to tax harvest for the big boys and even more time to RRSP plan for the little boys.

The only people I'm worried for is the folks who think this distribution is a good thing. Happens every year across every REIT I own/follow.

If anyone has questions - I'm happy to help without giving any actual investment/tax planning advice. 

 Ok thx Frankie.  I reread the release and it says the "balance of $5 paid in units" . It's a little confusing but at the end of the day I get .48 cents...
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