PS - As a tax pro I also hate Publicly Traded Partnerships. They're a pain in the neck to deal with and I can't charge enough for the work. Plus I feel PTPs should be taxed as corporations. ..ditto. I asked a broker why they screw with these and he explained it this way - MUCH BIGGER COMMISSIONS.He als stated he makes money and the brokerage house makes money and two out of three isn't too shabby.
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