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Generation Income Properties Announces Tax Treatment of 2021 Distributions
--News Direct--Generation Income Properties Announces Tax Treatment of 2021 Distributions TAMPA, FLORIDA – Generation Income Properties, Inc. (NASDAQ: GIPR)
About this update from Generation Income Properties Inc.
[{"type":"text","content":"--News Direct--Generation Income Properties Announces Tax Treatment of 2021 Distributions TAMPA, FLORIDA – Generation Income Properties, Inc. (NASDAQ: GIPR) (\"GIPR\" or the \"Company\") today announced the estimated Federal income tax treatment of the Company’s 2021 distributions on its common stock (CUSIP# 37149D204). The Federal income tax classification of the distribution per share on the Company’s common stock with respect to the calendar year ended, December 31, 2021 is shown below: RecordDateDistributionDateTotalDistributionOrdinary Income Per ShareReturn of CapitalPer ShareCapital GainPer Share12/15/202112/30/2021$ 0.054 $ 0.054 11/15/202111/30/2021$ 0.054 $ 0.054 10/15/202110/30/2021$ 0.054 $ 0.054 08/31/202109/14/2021$ 0.325 $ 0.325 03/15/202103/22/2021$ 0.325 $ 0.325 Nothing contained herein or therein should be construed as tax advice. Shareholders are encouraged to contact their tax advisors for more information. Furthermore, any information contained herein or therein should not be relied upon for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code. Additional information can be obtained on the Company’s website at gipreit.com.About Generation Income Properties Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate corporation formed to acquire and own, directly and jointly, real estate investments focused on retail, office and industrial net lease properties in densely populated submarkets. The Company intends to elect to be taxed as a real estate investment trust. Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com.Forward-Looking StatementsThis press release, whether or not expressly stated, may contain \"forward-looking\" statements as defined in the Private Securities Litigation Reform Act of 1995. The words \"believe,\" \"intend,\" \"expect,\" \"plan,\" \"should,\" \"will,\" \"would,\" and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These statements reflect the Company's expectations regarding future events and economic performance and are forward-looking in nature and, accordingly, are subject to risks and uncertainties. Such forward-looking statements include risks and ...