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Flow through shares in TFSA

9338 Views 6 Replies 6 Participants Last post by  CanadianCapitalist, 
M
I was wondering if the TFSA deposits can be used to purchase units in a flow-through share limited partnership and, if so, is the tax deduction still valid. Furthermore, when the units are cashed out, will the amounts received be harboured from any tax liability?
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'flow-through share limited partnership and, if so, is the tax deduction still valid'

I would contact your accountant about the deduction. Is it 15% if held outside of an RRSP account.

I am not a big fan of investing in the LP's, or anything for that matter for a tax strategy so I am not that familiar.
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