No. of Recommendations: 0
I'm starting to investigate the whole world of MLP's. I have a good accountant and he can deal with the K1's, so they don't scare me off. But I do need to know if there is a point between now and Dec 31 that I can buy an MLP if I find one I like and "not" get a K1 for 2010? Or do I have to wait until Jan 1, 2011 to avoid the headache in the short term? Or is there a better way to think about these things? Thanks in advance for dealing with a newbie.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.