Brookfield Office Properties Inc T.BPS.PR.U

Primary Symbol: T.BPO.PR.A Alternate Symbol(s): T.BPO.PR.P | BKEEF | T.BPO.PR.R | T.BPO.PR.T | BKAAF | BRPPF | T.BPO.PR.W | BKOFF | T.BPO.PR.X | BRKFF | BRPYF | T.BPO.PR.Y | BROAF | T.BPO.PR.C | T.BPO.PR.E | T.BPO.PR.G | T.BPO.PR.I | BROPF | BOPPF | T.BPO.PR.N

Brookfield Office Properties Inc. is a global office property company. The Company owns, manages, and develops premier assets in the resilient markets. The Company's signature properties define the skylines of dynamic cities around the globe, including New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, London, Berlin, Sydney and Perth. From Brookfield Places in New York City, Toronto and Perth to Bankers Hall in Calgary and Bank of America Plaza in Los Angeles, its distinguished portfolio attracts financial, energy, government and professional service organizations which have high credit ratings and maintain long-term leases.

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Brookfield Office Properties Inc > Canadian Taxation

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Comment by SONOFFERGUSon Apr 29, 2024 5:58pm

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Post# 36013591

RE:Canadian Taxation

Hi Pierre.

Well said. Taxes are very sensitive to personal circumstances.

I think for older investors looking for income, BPO prefs belong in the trading account to take advantage of the DTC. Younger investors and those who aren't relying on TFSA money might consider holding them there. RRSP/RRIF would be the last choice for me, since the DTC benefit is lost and capital gains will turn into regular income when distributed, which would be particularly bad if distributions are happening in the near term.

I hold mine in trading. If my crystal ball had been working, I'd have put them in my TFSA to book tax-free gains. Oh well!

Best,

Sonoferguss

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