TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Jun 02, 2024 12:17pm
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Post# 36068296
RE:RE:RE:Echo Chamber
RE:RE:RE:Echo Chamber
Good morning Carena.
Oh well, lots of entertaining posts this morning. The best was:
"... Yet, notice, no one except me pointing it out to hopefully help Pierre. No one else helping to point out to Pierre that Capital Gains plays a huge factor in Taxes, atleast for BPO in near term."
Really - someone wants to help me understand taxation on dividends and capital gains? Wait a minute this from the same "expert" who, a year ago (May 25, 2023) asked on this board:
"Do I have to pay TAXES if shares held in TFSA, RRSP given BPO shares "Unclassified" by my bank? Do I need to report Dividends/Capital Gains??
I assume since dividends are in Canadian $, bought shares off Canadian Exchange, these Prefers are "Canadian", and I don't need to worry about paying taxes to the Canadian Government or taxes or other country. I know you have to pay taxes when you take money out of the RRSP, that I know.
Anyone long time holder of these and know the answer?"
One should keep in mind that the same expert. two days earlier, wrote:
"Plan to nibble at some of the prefers despite all the negatives and what my gut telling me.
Catch the falling knife. Debt ceiling. Recession. Office sector meltdown.... And what I view as "shady" corporate structuring. And I still don't know for sure the status of the prefers.
crossing my fingers, filing this under "High Risk"... as such, just nibbles, not filling up...."
Yet, soon after, his posts indicated he was "all in".
I will miss that poster since I am now putting him on the "ignore" list.
The entertainment value of his posts does not justify the frustration of reading total nonsense. Carena your suggestion is valid: he should return to playing computer games.