I recently invested in a MLP (master limited partnership) within my IRA account at Schwab. I could never get a very good read on the downside of such investing, since most advise that the K-1 flow down creates too much work and results in more taxes etc. Such 1/2 truths could make folks miss some fair opportunities for higher yielding investments. The following article clarified this much better for me;
seekingalpha.com/article/882601-dont-be-afraid-to-put-mlps-in-your-ira
I am curious if others are holding MLP shares in their IRA accounts and have any regrets or positive comments for doing so. The $1000 UBTI limit seems to not create that much of a concern for taxes, particularly if it is the total UBTI of the IRA including shares with negative sums.
seekingalpha.com/article/882601-dont-be-afraid-to-put-mlps-in-your-ira
I am curious if others are holding MLP shares in their IRA accounts and have any regrets or positive comments for doing so. The $1000 UBTI limit seems to not create that much of a concern for taxes, particularly if it is the total UBTI of the IRA including shares with negative sums.