Cara Scatizzi is a former associate financial analyst at AAII.


Discussion

E. Tom from NY posted over 3 years ago:

I look at MLPs as a good source of revenue when banks are obviously not paying a decent rate of return. I love the tax advantages.


B. william from AZ posted over 3 years ago:

MY TAX PREPARER FINDS NO PROBLEMS WITH THE 1099 FURNISHED BY MY BROKER....IF THEY DID, I WOULD CHANGE BROKERS....I AM HAPPY WITH A 6-7% RETURN, AM NOT GREEDY AND DEAL WITH ENERGY MLPS.....CHECK WITH WWW.MLPPROFITS.COM ON A REULAR BASIS....BILL FROM PRESCOTT, AZ


Edward from CT posted over 3 years ago:

If you held a MLP in a Roth Account of a IRA why would there be additional tax consequences whn you sell. As wouldn't the Roth should be tax free at time of sale and the IRA you would be paying on the total ???


Charles from PA posted over 3 years ago:

If an investor holds an Individual Retirement Arrangement (IRA), and the fund generates income which qualifies as UBTI, the fund may be subject to taxation.

Google Unrelated Business taxable Income (UBTI).


Andrew from FL posted over 3 years ago:

MLP is a great structure for capital appreciation when Rates are low and industry reduces fixed debt structure. Going forward as income taxes increase MLP will become even more desirable. I DCF will rise as the enonomy accelerates.


John from AZ posted over 2 years ago:

"Complicated" is certainly an understatement of the tax rules vis-a-vis MLP's owned in a Roth IRA and the potential claw-back is really news!
I thought that all earnings in a Roth were tax-exempt; now I learn that MLP cash distributions(i.e.,dividends) are eventually taxable as either (1)capital gains ( are these gains distinguishable between long term and short term?) if the sales price exceeds the adjusted cost basis or (2) as dividends to the extent that they exceed an adjusted cost basis of zero.
Have I interpreted Ms.Scatizzi's explanation accurately?


Max from HI posted over 2 years ago:

It was my understanding that cash distributions from MPLs held in IRAs were not taxable if they were less than $1000. Is that correct?

In case of a sale does the MLP supply you with your cash basis in your units?


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