No. of Recommendations: 0
Hi Beishma!

The UBTI issue (unrelated business taxable income) which I mentioned in my post is an issue specifically for tax-deferred accounts....not taxable accounts.

As to KMI buying out it's MLP's (KMP and KMR)....well, I owned KMR....and when the buyout was announced by KMI, all I had to do was sell my KMP on the open market....which I didn't do....and thus suffered the KMI post-merger price decline debacle. KMR (versus KMP) did NOT suffer the tax hit/complications that KMP did.

To be clear....the choice was mine, with plenty of notice.

Of course, hindsight is perfect. ;-)

II and PP Home Fool
(long KMI.....and who has made some profit back on a series of KMI calls and puts as it as cycled)
Print the post  



The 2009 BMW Method Conference has been cancelled, due to minimum attendance numbers not being met. We hope to continue the annual BMW Method Conference tradition next fall.

Learn about the first four conferences on the BMW Method Website.

The BMW Method FAQ

BMW Method Website
Annual Conference Videos and Other Resources & Services
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.