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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (69278)12/10/2021 12:08:19 AM
From: Elroy  Read Replies (4) of 78451
 
so come at some point at tax time, it's going to be a real paperwork pain for me, I fear.

Turbotax is quite good in my experience with MLPs. You just enter the numbers from the K-1, and Turbo tax spits out the result. It's not complicated at all.

If you try to do it yourself without a computer program like Turbot Tax, I wouldn't have a clue where to start.

The biggest fertilizer maker in the US is saying the price of fertilizer seems likely to stay high for an extended period. UAN will easily pay $15-$2o per year if fertilizer prices fall from their current level by 50%. If fertilizer prices stay where they are now for an extended period (or heaven forbid, go up), UAN gonna pay us all a lotta lot of money.

The price of corn has been trending slowly higher. That's the best leading indicator for fertilizer prices.

So.....I'm curious what's the bear story for UAN?
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