Q: I am carrying losses of previous years and want to use them up. Can I sell stocks with capital gains and buy them back the same day, or do I have to wait a day? Thank you.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Would it be appropriate to sell Magna for a tax loss at this time?
Thank you
Thank you
Q: Hello, can you comment on CGI’s latest earnings last month? Is it still a buy even if it is close to its 52-week high, and if so, why? Thanks.
Q: Hi 5i Team - Could you tell me where I can locate your 2023 tax loss screener. Thanks.
Q: I hold HXDM in my unregistered account (MER: 0.22 + max 0.3 swap fee) and am looking for an international ETF for developed countries (ex. Canada & US), that like HXDM does not include small caps, only medium and large cap stocks. I could use HXDM but fees are high and AUM is only 477M, however, there is no withholding tax with HXDM - your comments appreciated.
Thanks!
Thanks!
Q: Hi, Further to the Tax-Loss selling question on BCE, the Ex-Dividend Date is Dec 14th. While selling/booking the capital loss, would it make more sense to sell between Dec 14 to Dec 27, so not to lose 97 Cents dividend, and then buy back after 30 days ? Generally, my experience is that, on the Ex-Dividend date, the stock price drops, but recovers to previous levels, within a few days. Thank You
Q: Is BCE a good candidate for selling now for a capital loss and buying back in 30 days?
Thank you
Thank you
Q: What percentage of a RRIF must a person who is 76 in 2023 withdraw?
Thanks
Dave
Thanks
Dave
Q: Hello. Any views on the proposed AMT changes related to the inclusion rate for capital gains/losses? At this time there really seems to be a significant imbalance between gains and losses, but I am also hearing that because of this there is significant pushback.
Thanks.
Thanks.
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Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $55.87)
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Brookfield Corporation Class A Limited Voting Shares (BN $62.19)
Q: Selling BIPC for tax loss and planning to rebuy iin 30 days. Can you please suggest a proxy? Or not.
Many thanks and Happy Holidays
C
Many thanks and Happy Holidays
C
Q: I am not a TAX expert but I thought that any option premium collected today should be claimed in 2023 not 2024. Since income is coming this year not next year.
Q: Good morning 5i
Looked on Google for an answer for this question but couldn’t find anything. If i sell a covered call option today with an expiration date in January, in which the stock is called away, in what year would I pay the capital gains tax, 23 or 24?
Thanks
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Asked by joseph on December 08, 2023
5I RESEARCH ANSWER:
The stock will be sold in 2024, so is taxable in 2024. The options will be closed out in 2024, so the premium is also taxable in 2024 (as a capital gain).
Q: Good morning 5i
Looked on Google for an answer for this question but couldn’t find anything. If i sell a covered call option today with an expiration date in January, in which the stock is called away, in what year would I pay the capital gains tax, 23 or 24?
Thanks
Upvote IconUpvote
3
Add to favourite Icon
Asked by joseph on December 08, 2023
5I RESEARCH ANSWER:
The stock will be sold in 2024, so is taxable in 2024. The options will be closed out in 2024, so the premium is also taxable in 2024 (as a capital gain).
Q: I just sold Aritzia for a tax loss. Is there a proxy you would recommend?
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Royal Bank of Canada (RY $239.83)
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Tourmaline Oil Corp. (TOU $59.83)
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Paramount Resources Ltd. Class A Common Shares (POU $28.66)
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Magna International Inc. (MG $85.96)
Q: I intend to use as many losing companies such as above POU, RY, TOU and MG (presently underwater) against a significant amount of capital gains to reduce my taxes for 2023. I will probably buy them back in the new year. What is wrong with this approach? Please explain.
Thank you.
Thank you.
Q: hello 5i:
what are the tax consequences of holding US denominated bond fund etfs, in a TFSA? If holding a US denominated GIC, what are the tax consequences in a TFSA?
thanks
Paul L
what are the tax consequences of holding US denominated bond fund etfs, in a TFSA? If holding a US denominated GIC, what are the tax consequences in a TFSA?
thanks
Paul L
Q: Gentlemen; If I take a tax loss on BNRE can I substitute BN?
Tks, Ron P.
Tks, Ron P.
Q: last day for tax loss selling u.s. and canada
many thanks for great service in a tough 2023.
many thanks for great service in a tough 2023.
Q: Hello Team,
RBLX, buy, sell, or hold?
I would appreciate it if you could speak to cash flow, debt, and growth expectations.
Thanks,
Saeed
RBLX, buy, sell, or hold?
I would appreciate it if you could speak to cash flow, debt, and growth expectations.
Thanks,
Saeed
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CI Tech Giants Covered Call ETF (TXF $24.95)
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Hamilton Technology YIELD MAXIMIZER TM ETF (QMAX $22.70)
Q: There are a number of ETFs offered which has a policy of using Options of up to 30% of the investment. The management fees in general is higher as it attempts to provide higher yield as well as Capital gains. As I have a few of these funds in various accounts, where can I find how much are they making in Options, Dividends and Capital gains. Will appreciate the source of such information in general for these kinds of ETFs.
Q: I can book a tax loss on BCE (never thought I would be saying that), just wondering if I intend to buy it back in 30 days would RCI be an ok placeholder (Telus already owned) or placeholder not needed and just wait the 30 days in cash? (brokerage fees not a consideration). Thanks,
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Brookfield Renewable Partners L.P. (BEP.UN $46.70)
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Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $56.32)
Q: I hold both BEPC and BEP.UN. THE BEPC SHARES I HOLD AT A LOSS. I’M WONDERING IF YOU KNOW WHETHER OR NOT I CAN SELL THE SHARES IN BEPC AND BUY BEP.UN WITH The proceeds, and still claim the capital loss on the BEPC shares?