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REIT Adjusted Cost Base Drops to Zero

An explanation of the implications when a Real Estate Investment Trust (REIT)'s adjusted cost base (ACB) drops to zero, clarifying that while initial outlay is recouped, subsequent profits become taxable.

21 Aug, 17:57 — 21 Aug, 17:57
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globe-and-mailHigh7d ago

What happens if my REIT’s adjusted cost base drops to zero?

Once your ACB hits zero, you recoup your initial outlay – but profit is taxable

By Andrew Galbraith

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