Energy MLPs and Royalty Trusts Analysts Love [View article]
Check with your accountants, but my understanding is that LPs and MLPs should not be held in IRAs because they generate unrelated business taxable income (UBTI) which can't be tax-deferred or sheltered. Non-qualified dividends are taxed as ordinary income, but most MLPs (unlike REITs) offer qualified dividends as far as I know - you should check their websites for guidance on that.
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Check with your accountants, but my understanding is that LPs and MLPs should not be held in IRAs because they generate unrelated business taxable income (UBTI) which can't be tax-deferred or sheltered. Non-qualified dividends are taxed as ordinary income, but most MLPs (unlike REITs) offer qualified dividends as far as I know - you should check their websites for guidance on that.
Jun 17 10:11 am
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