I think holding the royalty trusts should be in your taxable account; otherwise the deduction for depletion, which is significant, is wasted
On Jan 15 11:10 AM SteveTN wrote:
> One question I have is the statement that owning an oil royalty trust > is best kept in a retirement account. What are the disadvantages > (tax and otherwise) for owning one in your taxable account? One disadvantage > I know of is very late tax reporting. So, after you complete your > tax work in April you then get a "revision" that makes you re-prepare > your tax work for the IRS. If anyone knows of more reasons not to > hold these investments in a personal account please comment on it.
Bank Investors Beware, Shareholder Interests Are Secondary [View article]
It's just not home mortgages but commercial mortgages, credit card debt and investments in highly leveraged derivatives and of course bad management.
On Jan 17 01:23 PM Roy M. wrote:
> Hope the government will find out what exactly is going on with all > these banks. It can't be just the bad mortgage that caused all these > problems. Must be some thing else. Maybe criminal in nature. A thorough > investigation is needed.
Royalty Trusts: Maintaining Income in a Volatile Market [View article]
The problem with both is the spend part.
On Sep 08 03:26 PM henarl wrote:
> Scared Stiff: "borrow and spend is worse than tax and spend as there > is no interest on tax and spend" > > Yes, but you get to pay back that borrowing with 10 cent dollars.
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Owning Oil in Royalty Trusts [View article]
On Jan 15 11:10 AM SteveTN wrote:
> One question I have is the statement that owning an oil royalty trust
> is best kept in a retirement account. What are the disadvantages
> (tax and otherwise) for owning one in your taxable account? One disadvantage
> I know of is very late tax reporting. So, after you complete your
> tax work in April you then get a "revision" that makes you re-prepare
> your tax work for the IRS. If anyone knows of more reasons not to
> hold these investments in a personal account please comment on it.
Bank Investors Beware, Shareholder Interests Are Secondary [View article]
On Jan 17 01:23 PM Roy M. wrote:
> Hope the government will find out what exactly is going on with all
> these banks. It can't be just the bad mortgage that caused all these
> problems. Must be some thing else. Maybe criminal in nature. A thorough
> investigation is needed.
Royalty Trusts: Maintaining Income in a Volatile Market [View article]
On Sep 08 03:26 PM henarl wrote:
> Scared Stiff: "borrow and spend is worse than tax and spend as there
> is no interest on tax and spend"
>
> Yes, but you get to pay back that borrowing with 10 cent dollars.
Royalty Trusts: Maintaining Income in a Volatile Market [View article]