No. of Recommendations: 0
MLPs and similar just return your capital....while decreasing your 'basis' toward zero. So when you go to sell them, your gain is a whole lot more. It's just YOUR MONEY being returned

No-It is not my money being returned. It is the MLP giving me their money to spend tax deferred or reinvest tax deferred without the gov't getting their hands on the money. It is their money because the value of the MLP in my portfolio keeps increasing in value besides the distributions being deferred. They have to wait for me to sell. And if I don't sell---THEY DON'T GET THEIR HANDS ON IT.
I have no reason to sell and and it will probably get passed on to my heirs at a stepped up basis.



b&w
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