Author Topic: Live chat  (Read 2974839 times)

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Re: Live chat
« Reply #4545 on: September 01, 2016, 06:28:49 am »
OK, so if we're on the same page..........no tax is taken off from REIT divis ever, other divis are taxed at 15% when they're added, no tax is taken when I sell at a profit during the course of the year, but the final tally of all profit for all trades is taken off at 30% at the end of the year. Correct?

Patrick

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« Reply #4546 on: September 01, 2016, 07:48:43 am »
Almost, at year end we shoud tax the reit divvie 30%, but for now we can fix it manually by adding another dividend of 0.203 * the original dividend to the REITs.

Patrick

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« Reply #4547 on: September 01, 2016, 07:54:03 am »
Ok fixed and added to the LDT/divi system

jaDEB

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« Reply #4548 on: September 01, 2016, 09:43:54 am »
Mr P down another 6%
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100ways

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Re: Live chat
« Reply #4549 on: September 01, 2016, 10:24:35 am »
Just bought Mr P

jaDEB

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« Reply #4550 on: September 01, 2016, 10:43:02 am »
Nice, your big b@lls is in isle 5 behind the shirts
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« Reply #4551 on: September 01, 2016, 10:51:55 am »
In real or in investor challenge
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Re: Live chat
« Reply #4552 on: September 01, 2016, 01:06:12 pm »
I too bought MPR with my Sept allocation in the competition and in my real portfolio am trying to sell some shares in other companies to enable me to buy more MRP - so far their drop has cost me +/- R 138,000 in profits. I have no doubt they will return to previous prices - it may just take 6 months or so
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

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Re: Live chat
« Reply #4553 on: September 01, 2016, 01:22:50 pm »
Bought in Competition and clearly the droppe even further :mad: :wall:

jaDEB

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« Reply #4554 on: September 01, 2016, 01:46:02 pm »
ALso bOughT MrP with SePt ALOCatiOn iN Compt.
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« Reply #4555 on: September 01, 2016, 02:02:29 pm »
Other Comp (DarkSide) I have DRD/DRD/NPN/NPN & BIL
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« Reply #4556 on: September 01, 2016, 02:54:55 pm »
2nd lender not doing soe
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Re: Live chat
« Reply #4557 on: September 01, 2016, 04:29:44 pm »
Almost, at year end we shoud tax the reit divvie 30%, but for now we can fix it manually by adding another dividend of 0.203 * the original dividend to the REITs.

Patrick, in real life the REIT divi is never taxed. That is the attraction. It is only added to the total profits for the year and THAT amount is taxed, not the divi portion on it's own. Otherwise, there would be no point in establishing a Trust, let alone a Real Estate Trust. The dividends, or profit distribution, from a Trust are not taxed.

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« Reply #4558 on: September 01, 2016, 08:16:08 pm »
ok, I'm still trying to get my head around it. It does make reits seem quite attractive

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« Reply #4559 on: September 01, 2016, 08:16:46 pm »
does the same apply to property ETFs?