Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DVSPF | T.DFN.P.A

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. The Company offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.


TSX:DFN - Post by User

Comment by flamingogoldon Feb 24, 2024 9:29am
169 Views
Post# 35897060

RE:RE:This is a start...

RE:RE:This is a start...There are exemptions including the below. There is no "perfect" solution. This new law will be the heaviest blow to flippers. It might even help in the rental market as specu-vestors will need to hang on to their properties for longer.

Exemptions:
Separation or divorce
Death
Disability or illness
Relocation for work
Involuntary job loss
Change in household membership
Personal safety
Insolvency

ABP123 wrote: The title should say "This Is The Start"  of slowly eliminating the Capital Gains Free Income on primary home ownership.  2 Years will become 3 years, will become 4 years, and so on.  1 Year is a flip.  2 Years might be a marriage gone wrong. 3 years could be a work transfer, 4 years could be financial trouble, etc.

Not saying there is anything wrong with the "Flipping Tax".  Just envisioning the inevitable. There has been lots of talk and rumination about No Capital Gains on Primary Residences and how to change that.  Of course a broad based change would be political suicide, however the Slow Leak, Provice by Province approach is the method.  Next the Feds just need to get in the game and piggy back on the same time frames.

However for every action there is an equal and opposite reacation.  


<< Previous
Bullboard Posts
Next >>