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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (62230)	7/24/2019 2:24:31 AM
From: Elroy	Read Replies (1) \| Respond to of 78462

I don't like the tax paperwork. I use Turbotax, it seems fairly straightforward for MLPs, just enter the data in the forms. But yes, a C-Corp would be easier. Any idea why all MLPs don't convert to C-Corps (if they can?)? CPLP is an MLP-style investment which delivers a 1099 rather than a K-1. It's distrobutions are mostly tax free. If it's easy, I wonder why they don't all do that.........

To: Paul Senior who wrote (62230)	7/24/2019 8:45:24 PM
From: Elroy	Read Replies (2) \| Respond to of 78462

UAN - that fertilizer MLP I mentioned previously, is out with Q2 results and a 14 cent distribution. The previous two quarters were 11 cents, then 7 cents, now 14. Before that zero for a few years. The basic theory is that if it can return to regular distributions (which seems likely) then the share price should reset to some appropriate yield level. I have no idea whether distributions will increase from 14 cents, stay the same, or bounce around wildly, but the share price should be better than the three years with zero distributions (and shares generally around $3.25). finance.yahoo.com