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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (78440)11/3/2025 3:07:31 PM
From: E_K_S  Read Replies (2) of 78774
 
Re: UAN

My basis now at $9.64/share and goes lower on every div distribution. What happens is there is depreciation re-capture in a taxable account. Not adding or selling and will see where my cost basis is next year. When I sell I have a "HUGE" depreciation recapture taxed as ordinary income.

Not sure what happens in held in an IRA and/or ROTH and not interested especially in a UBIT charge . .

Recapture depreciation reported on a K-1 would be considered ordinary income and subject to UBIT if received in a tax-exempt account like an IRA or pension. Thus for tax reporting on the K-1 regarding recapture depreciation, it is UBIT (the tax) on UBTI (the income) that applies.
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Anybody notice LUMN +9.31% back to a two year high. Never thought this would come back after the dividend was eliminated. The rumor is it is an AI Data Center play now w/ private networking of cloud services. Nothing new
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