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.
Income in a Zero-Rate World [View article]
Owning Oil in Royalty Trusts [View article]