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  • 7 Stocks for a High Yield Cash Flow Portfolio [View article]
    the gas & oil trusts, and shippers, do indeed provide excellent returns, especially for the income investor when compared to puny 3% CD rates. Be prepared however, to do a lot of paperwork at tax time. Shippers may have a return of capital, which is usually announced the day after you send in your tax return. Oil/gas trusts have depletion, costs, and basis calculations, K-1s maybe, or foreign tax recovery work maybe. The small or novice investor who does his own taxes may be in for a real surprise trying to figure it all out at tax prep time. Even the tax prep professionals sometimes get it wrong so you have to know your stuff. It's worth the effort, but it's a lot of effort.
    Jul 10 09:19 am |Rating: 0 0 |Link to Comment
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