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Gold/Mining/Energy : VLO: Valero Energy Corp.
VLO 180.88+0.9%Nov 11 3:59 PM EST
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To: Wyätt Gwyön who wrote (184)5/31/2007 9:13:09 PM
From: Paul Senior  Read Replies (1) of 299
 
For me who holds small positions, and being subject to USA taxes, I try to avoid limited partnerships/royalty trusts where I get ---and have to file --- K-1 stuff. Just too much harassment and too difficult. If someone purchases big enough position, maybe such are worthwhile. Or if they like paperwork filling and filing. To me, for small positions I normally have, forget it.

I can escape with no more than $1000 "income" of such in an IRA. For that, my preference is to hold shares of BPT.

jmo, of course. Others will vary.
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