Canadian REITS, Trusts & Dividend Stocks

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To: LTBH who wrote (6288)	9/5/2003 6:52:36 PM
From: Casey	of 11633

Networm, I know my brother is going through similar issues (i.e purchasing Canroys in margin and IRA accounts). He has enlisted the help of Casey Lytespeed (no relation) to work through some of the issues with him. I referred him to Casey, who is the author of Wealth by Stealth Strategies, the e-book on investing in Income Trusts (see at wealthbystealth.net My brother has certainly made progress, getting his feet wet this summer. He is currently on vacation in Hawaii. I will ask him to update me on his adventures in this arena when he returns in late September and I will post his experiences. Thanks for sharing your experiences. Casey

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To: LTBH who wrote (6292)	9/10/2003 1:50:20 AM
From: James C. Mc Gowan	of 11633

Networm: just got an answer from new broker. I had transferred blocks of O+G trusts and Canadian juniors from Schwab to this broker. New broker did a little research today after I explained that I would likely have to move the units once again if they couldn't get the tax on distributions figured out. Since I had just transferred units in, they knew I wouldn't hesitate to move them again. Got an answer a few hours later, all distributions for unit trusts will flow tax free with the next pay date, September 15. Thanks very much for your encouragement and vital information. The bottom line is, if you threaten to vote with your feet, you get resolution of this annoying problem. BTW: Mr. H is correct about TDWaterhouse, with their Canadian brokerage, this tax question is no problem in IRA's. James

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