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Replies to post #622 on United Development Funding IV fka UDFI

Replies to #622 on United Development Funding IV fka UDFI

actofwill

12/23/19 5:43 AM

#623 RE: freddie me #622

I think this point is key.

In respect of 2019 they have until Oct 2020 to distribute dividends as to conform to the 90% of income rule due to REIT status. Which means the August distribution could have been in respect of 2018.