Received this from IBKR because I holding ODBU - UNITED HAMPSHIRE US REIT 

full list: Publicly Traded Partnerships List

I saw Eagle Hospitalit Trust and United Hampshire US REIT in the list tadashi posted. So it's not a new thing already?

i think it applies to BOTH sell and dividend, after 1 Jan 2023

Ya, gross proceeds and "certain" distributions. You bought Eagle Hospitality many years back right? You should know this better than me and tadashi?

The time for filing Forms 8288 and 8288-A to report IRC section 1446(f) withholding is the same as for IRC section 1445 withholding. The same rules for filing Forms 8288 and 8288-A by transferees withholding tax under IRC section 1445 apply to transferees withholding tax under IRC section 1446(f). The same rules for claiming a credit for withholding of tax under IRC section 1445 apply to transferors receiving Form 8288-A claiming credit for withholding under IRC section 1446(f).

For more information on Section 1446(f) Withholding requirements, please refer to Publication 515, Withholding of Tax on Nonresident Aliens and Foreign Entities.

While both IRC sections 1446(a) and 1446(f) require withholding if a foreign partner has gain that is effectively connected to the conduct of a U.S. trade or business, there are differences between the withholding provisions. The differences include:

Under IRC Section1446(a), a partnership must withhold on effectively connected taxable income the partnership earns that flows through the partnership and is allocable to a foreign partner. Withholding is at the partner's highest tax rate (i.e., under Section 1 or 37% for non-corporate foreign partners and 21% for corporate foreign partners).
Under IRC section 1446(f), if the foreign partner has gain on the sale or exchange of a partnership interest, the purchaser/transferee of the partnership interest must withhold 10% of the amount realized on that sale or exchange, unless the transaction qualifies for a full or partial exception. Thus, the withholding generally is not based on income flowing through the partnership to the foreign partner.

Let's tag the usual suspects.

prophetful Hansel wongmunkeong cherroy

I personally think with interest rates going to peak, it might be easier for them to refinance loans, so things may not be that bad. Current yields are around to 8-9% p.a. which may be enticing for current investors to buy, but in your case, your yield will probably be around 7% p.a., so you will have to "wait" to recover the loses. It highly depends on interest rate environments. If the rates start to turn downwards, then you can reap capital gains. But if inflation failed to be tamed, the loses will compound.

Another risk is that if they start doing rights placement and various equity fund raisings, then your money will be stuck for a long time due to dilutions and stagnating or even decreasing DPUs.

hehe this wan simple, i can help to reach clarity:
No sunk cost fallacy - assuming U dont hold those stocks, will U want to hold now - ie U like the biz, management, etc?
IF Yes - sit and monitor
IF No - sell sell sell! <'ala Cwazy Kramer>

Oh my bad. prophetjul it is.

Tagged you to ask you to help tadashi in deciding whether he should continue his investment in United Hampshire US REIT.

I never knew the US-based REITs are PTPs,... PTPs means partnerships. REITs are partnerships ?

Looks like the only US-based REIT that 'might be' affected is Utd Hampshire ? And Ara Hospitality Trust ?

Another REIT almost breaching the 50% aggregate leverage threshold: MUST

https://links.sgx.com/FileOpen/MUST%20Aggre...t&FileID=742874

Deadline extended for EC World REIT. 

https://links.sgx.com/FileOpen/ECW_Update%2...t&FileID=743060

First S-REIT to default in 2023: Dasin Retail Trust.

https://links.sgx.com/FileOpen/DASINRT-Anno...t&FileID=744546

Sasseur REIT's loan refinanced. Pretty long announcement document (5 pages), lots of info.

https://links.sgx.com/FileOpen/Sasseur_REIT...t&FileID=745758