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No. of Recommendations: 9
My question relates to purchasing a second REIT Brookfield Infrastructure Partnership (BIP w/ 4% dividend) within the Roth or just stay with STOR and continue building the compound interest.

BIP is an MLP. There are potentially significant tax impacts of holding an MLP, either in a tax-advantaged [tax-free (Roth) or tax-deferred (Traditional) account] as well as within a taxable account. Within a tax-advantaged account, MLPs can generate UBTI (Unrelated Business Taxable Income) and can require your IRA (Roth or Traditional) to file it's own tax return. In a taxable account, an MLP can require the owner to file multiple state tax returns, because the MLP generated enough taxable income within each particular state to trigger the non-resident tax filing requirements. Here are a couple of threads you might want read before deciding to make an investment in an MLP:
https://boards.fool.com/mlp-investment-inside-ira-33120839.a...
https://boards.fool.com/very-disturbing-thread-for-mlp-holde...

AJ
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