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Joe Red

Joe Red
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  • What Will Be The Impact Of Consolidation On KMP Unitholders? [View article]
    Call KMP Investor Relations.
    Aug 20 10:56 AM | 1 Like Like |Link to Comment
  • What Will Be The Impact Of Consolidation On KMP Unitholders? [View article]
    KMP- In your IRA. If the UBTI exceeds $1000 the custodian must file a tax return for you. Make sure you supply them with your suspended losses from all the years you held KMP in your IRA. This will off set you tax liability.

    KMP- ln your a normal account. Your are allowed to off set the ordinary income from the sale of all your KMP with all the suspended losses from the first K1 you received. I bought in 2008 and have a total of $10235 suspended losses through 2013.
    Everyone should have kept a running total every year. If you have all your K1's go to Box 20V, this is the suspended losses for the year. Use this total against the ordinary income liability you may have from the sale of all the KMP holding. If you are using an accountant advise them of the suspended losses. Do not be surprised if they do not know what you are talking about.
    This is why everyone says K1's are a pain the the butt.
    Aug 18 01:49 PM | 4 Likes Like |Link to Comment
  • How To Arbitrage The Upcoming Kinder Morgan Consolidation [View article]
    I think a stock split was announced a few weeks ago. Will it still take place? I know it will not change things.
    Aug 14 02:11 PM | Likes Like |Link to Comment
  • How To Arbitrage The Upcoming Kinder Morgan Consolidation [View article]
    I do no think there are suspended losses with KMR. I own all three. I only receive a K1 for KMP. I do not think you will be allowed the use the suspended loses from KMP against any CG on your KMR.
    Aug 14 12:03 PM | 1 Like Like |Link to Comment
  • U.S. Oil Production Keeps Surging, So Why Haven't Oil And Gasoline Prices Fallen? [View article]
    I can buy gas at $3.15 in NJ. The price has come down a lot.
    Aug 13 10:40 PM | Likes Like |Link to Comment
  • How To Arbitrage The Upcoming Kinder Morgan Consolidation [View article]
    You must sell all of your KMP to claim your suspended losses on your tax return from all the previous years. If you only sell part of your KMP holdings your are not allowed to claim those losses.
    Aug 13 10:38 PM | 2 Likes Like |Link to Comment
  • Update: Kinder Morgan Acquisition; Combined Entity Will Be A Solid Investment [View article]
    What do I done now? I own KMR, KMP and KMI.
    Aug 11 09:55 AM | Likes Like |Link to Comment
  • Silly Rabbit, Externally-Managed REIT Tricks Are For Kids [View article]
    I hope an activist comes along and gets RMR out as happened with CWH. I own both along w/EQR.
    Jun 18 09:57 AM | Likes Like |Link to Comment
  • Kinder Morgan: Be Careful What You Wish For [View article]
    No, you will receive additional shares of KMR.
    May 22 02:55 PM | Likes Like |Link to Comment
  • Kinder Morgan: Be Careful What You Wish For [View article]
    What about EPD instead of LINN as a comparison? EPD made the change years ago.
    May 22 08:32 AM | 2 Likes Like |Link to Comment
  • Cree Listens, Repurchases Stock [View article]
    $300 Billion?
    May 8 11:16 AM | 1 Like Like |Link to Comment
  • Use This MLP To Cash In On The Shale Boom [View article]
    When you sell your entire position do not forget to use your suspended losses you carried every year you owned the units against ordinary income that you earned. The losses are on line 20v. You should keep a running record every year. Good luck with your K-1.
    May 1 08:53 AM | Likes Like |Link to Comment
  • GT Advanced Technologies Aggressively Pursues Expansion And Conversion Of Its Merrimack R&D Operations To Sapphire Manufacturing [View article]
    What about the deal with Apple?
    Apr 26 08:55 AM | 2 Likes Like |Link to Comment
  • Commonwealth REIT - Sometimes Lip Service Gets Boot Service [View article]
    I just voted my proxy for the new board members. Make sure you vote your proxy.
    Apr 14 05:59 PM | 1 Like Like |Link to Comment
  • Use This MLP To Cash In On The Shale Boom [View article]
    I am also long EPD from years ago. Kinder has gotten some bad press from Barron's and the short sellers attack same as LINN.
    Apr 10 04:05 PM | Likes Like |Link to Comment
COMMENTS STATS
62 Comments
40 Likes