SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JimisJim who wrote (15010)3/28/2013 5:15:46 PM
From: chowder  Read Replies (3) of 34328
 
Jim, here's my view on it. Most people haven't been hit with UBTI because their positions aren't large enough yet. I do believe there will be a dividend recapture at some point and that comes on the sale. I already read where one person who has held about 10 years got hit with it. I don't know if it's true or not. What I do know is that if my MLP's continue with the success I have enjoyed so far, they are going to be considerable positions 15 years from now. I don't want to wait 15 years and then find out I royally screwed up.

I figured these things come with warning labels for a reason. So, I slowly started moving my MLP's out of the tax deferred accounts and into the taxable accounts where they belong, and I put KMR and KMI in the tax deferred accounts.

I figure the biggest reasons people insist on putting them in the IRA is because they can't afford to fund an IRA and a taxable account. Those that have MLP's in an IRA and can afford a taxable account are too lazy to switch. ... ha! ha! I had to jab you on that one.

I figure I'm not paying taxes in a taxable account anyway, so I bit the bullet and moved them.

For those who hold IRA's and taxable accounts, I don't understand the resistance to just put MLP's where they were designed to go.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News