721 UPREIT Pros: payment-reconciliation worksheet
Educational only, not tax, legal or investment advice.

1. IDENTITY
Legal issuer / OP unit or REIT share / exact class:
Current agreement and amendment dates:
Administrator verified through established records:

2. SAME-PERIOD COMPARISON
Prior and new distribution periods:
Declared amount or formula / record and payment dates:
Eligible units / applicable base / account gross amount:
Reinvested amount / withholding / other shown deductions:
Expected cash / confirmed bank receipt / unexplained difference:

3. EXPLANATION
Current distribution provision and decision authority:
Dated change notice and stated explanation:
Operating, expense, reserve and cash-source evidence:
Unresolved questions / person responsible / next update:

4. HOUSEHOLD RESPONSE
Upcoming spending and tax dates:
Budget using the current payment, then no payment:
Available outside cash / shortfall / review date:
CPA review of allocated income and reserve needs:

5. OPTIONS, NOT ASSUMPTIONS
Permitted election change and effective date:
Any redemption eligibility, restrictions, costs and tax review:
Written acceptance versus actual execution:

A lower deposit does not establish a distribution-rate cut. A cut does
not create an immediate exit. Distributions, liquidity and tax outcomes
are not guaranteed. Keep confidential statements out of general inquiries.