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URL:  http://boards.fool.com/im-in-the-tax-business-and-i-dont-even-try-to-31154003.aspx

Subject:  Re: Tax on MLP Date:  3/6/2014  6:09 PM
Author:  SD51555 Number:  120388 of 121261

I'm in the tax business, and I don't even try to hold an MLP outside a retirement account. It just seems like a tremendous headache when you start dealing with returns of capital vs. income.

If you have the flexibility, I'd consider stuffing your MLPs into an IRA, or perhaps checking out a mutual fund or ETF that won't generate K-1s.
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