Brookfield Office Properties Inc T.BPO.PR.X

Pierre, you will probably pay way way more tax.....

[CrazyTrader]

You are probably already sitting on 100% capital gains on share price on some of your shares.   
Taxes on that will be way way way more than the taxes you save on your dividend.

How much tax you wouldn't have to pay having BPO in TFSA?  No tax on capital gain, no tax on interest.

You are stuck in your way, like everything else I've been trying to explain my view..... "Dividend Tax Credit"  LOL, that's all you see.

[pierrelebel]

Clearly you did not read my earlier post. The laws allow a maximum contribution of $95,000 in TFSA (currently $7,000 yearly) per taxpayer. It may be great for you to shelter your BPO preferred shares in your TFSA but our investment portfolios far exceed the maximum limits. As stated we use TFSAs to shelter tax on income from interest income, non-eligible dividends, REITs and other trust units

[CrazyTrader]

LOL Pierre, your TFSA should be way way way more than $95,000.    $95,000 is your contribution limit.   What about what you can earn in your TFSA all these years.   You are such a good investor, your TFSA should be in the Millions. $95,000 is all you got in your TFSA????!!!!!!!   OH, I forgot, it's only recently that GICs paying 5%..... before that you

[pierrelebel]

"$95,000 is all you got in your TFSA????!!!!!!!" Clearly you only want to fight.  I did not state that our TFSA only had $95,000 in them.  I only stated that we do not use our TFSAs to include investments that pay eligible dividends - due to the annual limit on TFSA contributions. If the laws allowed unlimited amounts to be sheltered from tax all Canadians would jump on that

[CrazyTrader]

Look Pierre, you are sitting on 100% gains on some of your shares I believe.   You could have doubled your TFSA in less than a year going from $95,000 to $190,000.      TAX FREE.   Plus dividends TAX FREE also. What's the Tax on $95,000 capital gains on a Cash/Margin Account.  And you still taxed on your dividends.      How much tax you

[pierrelebel]

YOU CLEARLY DO NOT GET IT! Our TFSAs are fully invested.  There is no cash in there to buy BPO.  We would have to sell stuff to buy other stuff.  What is the point?  We are very happy with our well diversified investments in our TFSAs and our investment accounts and RRIF. "you are sitting on 100% gains on some of your shares I believe." Totally wrong! In addition

[CrazyTrader]

didn't you buy some A's at the bottom?   oh, right, I think you sold them long ago.   So, no, you are not sitting on 100% gains. Point is, you could have doubled your TFSA.     And then bought back double of what ever you have now in your TFSA that you would have had to sell to buy the A's for your TFSA. Of coarse, this is with hindsight..... &

[CrazyTrader]

The point, you could have DOUBLED your TFSA.   and not pay any tax.    That's the point I've been trying to make all my posts basically.   If you are going to take risks, the TFSA is the place to do it.      With that said, if you lose, you can not simply contribute more cash to the account, there are limits.