BIG-T

Attractive Outlook for MLPs Following September Lows

I'm not aware there is a dividend limit.

Attractive Outlook for MLPs Following September Lows

ClarkF- as I understand the IRA rules, the $1,000 per year limit is on the "Unrelated Business Taxable Income" not Dividends.

The UBTI is shown in Box 20-V on the K-1. Most of the MLP's I own have a negative UBTI.

Why Buy MLPs?

I've held MLP's (Pipelines and Propane Distributors) in my IRA account since 2002 and have never seen a positive UBTI on any K-1. They've all been negative. Doesn't mean there will never be a positive but if you spread it around 4 or 5 MLPs its unlikely the combined amounts would net out to a positive number. Also, if you're going back to check prior years K-1 forms you will find the UBTI in box 20-P. Only the IRS knows why they changed it to 20-V. I have no background with REIT's. They may be a differant story.