That's what CPA's are for. Put them to work and save the economy.
On Sep 09 05:10 AM Income4Sail wrote:
> I followed your comments on MLPs through the downturn and picked > out the units I felt could hold up. (not tied to commodity prices) > I already had EPD and NRGY from way back. Both have continued to > pay/raise their distribution and NRGY has shown a fair bit of growth > as well. I picked up more of both on the downturn. I also picked > up KMP while it was in the gutter, and while not a fan of MLPs tied > to oil and gas prices, I grabbed up a bunch of LINE based on their > hedging into 2011. A common theme in your articles is the tax ramifications, > specifically the "dreaded" K-1 form. I am finding that TurboTax Deluxe > has consistently improved how it deals with the K-1. Last year I > think I actually had to "fudge" one or two lines, and that with 4 > MLPs! Anyone who is skiddish on their taxes will not like their first > experience with it, despite partner instructions. Great articles > please continue to publish them.
MLPs After Their Worst Year [View article]
On Sep 09 05:10 AM Income4Sail wrote:
> I followed your comments on MLPs through the downturn and picked
> out the units I felt could hold up. (not tied to commodity prices)
> I already had EPD and NRGY from way back. Both have continued to
> pay/raise their distribution and NRGY has shown a fair bit of growth
> as well. I picked up more of both on the downturn. I also picked
> up KMP while it was in the gutter, and while not a fan of MLPs tied
> to oil and gas prices, I grabbed up a bunch of LINE based on their
> hedging into 2011. A common theme in your articles is the tax ramifications,
> specifically the "dreaded" K-1 form. I am finding that TurboTax Deluxe
> has consistently improved how it deals with the K-1. Last year I
> think I actually had to "fudge" one or two lines, and that with 4
> MLPs! Anyone who is skiddish on their taxes will not like their first
> experience with it, despite partner instructions. Great articles
> please continue to publish them.