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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?

To: M_Power who wrote (100)	4/26/1998 7:32:00 PM
From: WINDSURFER50	Read Replies (2) \| Respond to of 11633

Hey, no, I was just trying to be Mr. Levity here. Anyways, you were post #100. Congrats. If I get your question, it's: REIT's are leveraged buy-out vehicles? Is that what you asked? Actually, your point is well-taken... liquid investments. How about River Recreation REIT's? I'm afraid I was born yesterday and don't get your squigglies ... lol:0. ********* OK, new question: and this is a serious one affecting whether I or others buy Energy Trusts and how we calculate their returns from a capital return/capital depreciation perspective: From a recent release (April 23) from Taylor Gas Liquids:... "It is anticipated that the $0.22 per unit paid will not be currently taxable to recipients but will however reduce their adjusted cost base for Canadian income tax purposes." Now, say I bought Taylor Gas one year ago for $10. (hypothetical price) and sell it one year from that date for $12., after receiving $1. in distribution for the year. Is my capital gain $2. or $3.... ? Or is it some other figure, in between $2. and $3., based upon some known, revenue-allocation calculation? I'm sure this question is elementary, but I don't know the answer. Also, does my broker (Greenline) track this for me and report it on a T5 or do I report it to Revenue Canada on an honour basis?