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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (96781)	2/14/2008 9:45:32 AM
From: seriousinvestor	Respond to of 206323

The nine I mentioned are all pretty new(public less than 2 years). You are right I should have added DMLP which has been around something like 5 years. I looked at it a few years ago but found it hard to get any info on it. Do they have a web site? Also do you know what % of the distributions are tax deferred. I try to avoid those like BBEP that have a relatively low %(50%) since I'm looking for after-tax income(of course I don't mind some cap gains). I also like LGCY and that will probably be my next addition.

To: Ed Ajootian who wrote (96781)	2/14/2008 10:45:12 AM
From: fmikehugo	Read Replies (1) \| Respond to of 206323

Ed - There are several tax-related questions with MLPs. First, do these MLPs require filing with each state where they operate? I owned SJT and HGT for a while which required filing with each state. I know these are not MLPs. Second, do you or anyone else know whether Fidelity reports the ROC correctly for US MLPs? They did not do so for Brompton, and I was never sure whether the problem was the ROC or that they were not a US reporting company. Finally, do you or anyone else here have any doubts about the future of MLPs with a Democratic President and Congress? It seems to me that this tax structure is ready-made for the kind of shallow, destructive demogaugery on the issue of taxation that we are already hearing and that will intensify in 2008 if the Democrats win the White House and hold Congress.