andruomail

Kinder Morgan's Dividend Payout Rate Is Unsustainable

I might be mistaken but I remember reading about some MLP etf's that handle the tax paperwork for you, and also they're naturally diversified in the mlp space. FEN is one such etf but I forget which was at the top of my list.


On Jul 31 04:13 PM MLP_Noob wrote:

> Very impressed with the knowledge/experience of the commenters here
> (perhaps the point is made and its time to give the author a break).
>
> I find MLPs attractive but the discussions on tax complications elsewhere
> scary. So a few newbie questions:
> 1) Folks holding MLPs in taxable accounts: is the K-1 a big pain
> come tax time? or not?
> 2) Folks holding MLPs in tax sheltered accounts: have you ever had
> more than $1000 UBTI reported? What's the consequence? Typically
> what acct size should one have to worry about this?
> 3) Recommendations for solid MLPs would be much appreciated. I am
> looking at NAT, KMR, EEQ, LINE.
> Thanks
> MLP_Noob