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Strategies & Market Trends : Dividend investing for retirement

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To: Elroy who wrote (20119)6/25/2014 7:50:30 PM
From: mopgcw   of 34328
 
the UBTI is only an issue if the MLP is in your IRA. Since your foreign buddy will not have an IRA it will not apply.

on your other question, the MLP distribution will vary by MLP as different MLP's are at different stages in the distribution characterization -- it is split between divvy income and return of capital. not sure how the brokerage firm would handle the withholding on an MLP for a non-u.s. person. he would need to ask his firm directly.
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