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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (72528)3/12/2023 4:23:57 PM
From: Elroy  Read Replies (1) of 78821
 
In regular accounts I'm sure you cannot pool MLP income/losses at all (offsetting gains and losses).

But in reading about retirement accounts and the $1,000 UBTI limit, I have read some posts that indicate the retirement account calculation pools UBTI and determines if the pooled UBTI is above $1,000, and pays accordingly.

No idea if it's true, it's not an issue for me this year.

I am interested whether previous year's UBTI losses on one MLP in a Roth can be used to offset current year UBTI income for the same MLP? Any idea? I've asked my broker.

UAN delivering positive Business Income this year has been a learning experience. I've never owned an MLP with positive Business Income.
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