There was a WSJ article on these the other day. Yes, UBTI and k-1 reporting are no longer a problem. But for most people, it wouldn't be anyway, since it only kicks in if it is over a certain amount. On the other hand, expense ratio is an issue, and for a non-retirement account, you lose the tax advantages of the basic MLP.I recently sold an MLP, and the k-1 had a negative effect on my taxes.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra