Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: deeno who wrote (11464)	4/9/2012 5:06:47 PM
From: Max Fletcher	Read Replies (2) \| Respond to of 34328

Deeno, can you share which MLP(s) caused the positive UBTI? I chose for my IRAs MLPs that tend to have negative UBTI (EPD, EPB, LINE) and limit my holdings of MMP to 400 shares since that tends to have a positive UBTI.

To: deeno who wrote (11464)	4/9/2012 9:16:43 PM
From: chowder	Respond to of 34328

deeno, I started moving my MLP's out of my IRA's earlier this year. Percy and I would rather focus on drinking beer, working in the garden, cooking on the grill, and watching a few ball games. We don't need to worry about UBTI. Ha! I decided I wanted my MLP's in the taxable account because the distributions are return of capital which means taxes are deferred until I sell, and I'm not selling. I've been wanting to lower my tax liability and MLP's help with that as long as they are in a taxable account. I still have MLP exposure in the IRA via KMR and KMI. I don't have to worry about UBTI with them.