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URL:  http://boards.fool.com/kevin-ive-been-corrected-on-two-counts-by-hohum-30607178.aspx

Subject:  Re: MLPs - help? Date:  3/26/2013  10:33 AM
Author:  kelbon Number:  14054 of 19776

kevin,

I've been corrected on two counts by Hohum!

My very limited knowledge on the subject was gleaned from my brokerage and my accountant. It's entirely possible that what Hohum says about the $1,000 limit is correct. I only have one MLP in an IRA account so, for me, the issue is mute. And, I could have easily misunderstood; that the limit is $1,000 in total, not $1,000 per MLP.

I pretty much stay away from MLPs because of the tax issues; how convoluted and mysterious they are.

kelbon
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