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’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 is focused on creating value for unitholders through the investment in and ownership of commercial properties in Canada. The REIT owns and operates a portfolio of approximately 44 properties consisting of approximately 4.8 million square feet in urban and select strategic secondary markets across Canada. Its properties include 9200 Glenlyon Parkway; 36 and 38 Solutions Drive; 1595 16th Avenue; 855 8th Avenue SW; 5775 Yonge Street; 6 Staples Avenue; 845 Prospect Street, and 551 King Street.

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True North Commercial REIT > wont budge a cent

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Comment by rabnudon Jun 28, 2022 4:42pm

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Post# 34788660

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

a few thousand in TNT dist per month ? I call Bull $hit I have 50000 shares and only get 2500.00 per month I seriously doubt you have 300000$ + in your tfsa all in tnt

pandsca wrote:
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!