Brookfield Property Partners L.P. BPY

Real Estate

Brookfield Property Partners LP owns, operates, and invests in commercial properties in North America, Europe, Australia, and Brazil. The company focuses on being a global owner and operator of real estate, providing investors with diversified exposure to some of the iconic properties and acquiring high-quality assets at a discount to replacement cost or intrinsic value. Its operating segment includes Core Office, Core Retail, LP Investments, and Corporate Segments. The company operates in various sectors such as the office sector, retail sector, industrial, multifamily, hospitality, triple net lease, and the corporate sector. It generates a majority of revenue from the LP Investments segment.

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Brookfield Property Partners L.P. > Did bpy start buying shares again?!?!

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Comment by SargeXon Oct 22, 2020 12:03pm

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Post# 31764526

RE:RE:RE:RE:RE:RE:RE:RE:RE:Did bpy start buying shares again?!?!

Hey Yield

Very good question as I spent quite a bit of time on tax planning. My main goal was to avoid OAS clawback until my wife turns 72. Then there's no way aorund it with the forcedRRIF withdrawals with my large RRIF and my wife's large RRSP (when it is forced into a RRIF).

It takes a lot of juggling but the plan looks like it will work.

I can't really go into too much detail as it is very complicated but I will point out a couple things:

we keep our REITs and MLPs on our registered/TFSA accounts
we keep a good chunk of our Cdn eligible divs in our non-reg accounts
the 38% gross-up on divs factors in heavily but the marginal rate in the 2nd bracket is only 7.6% so is worth it
we tried to drawdown our RRSPs by taking out extra and putting it into the non-reg accounts. This had limited success because our stocks get appreciated more than we could drawdown.

Anyway, I hope that answers at least part of your question.

Ciao
Sarge