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When it comes to Oil and Gas MLP’s, Three is Better than One
Investment U (August 6th, 2009) Writes:
When it comes to Oil and Gas MLP’s, Three is Better than One
by David Fessler, Advisory Panelist
Much has been written about the benefits of owning oil and gas Master Limited Partnerships, or MLP’s as they’re commonly referred to.
They trade just like stocks, but are structured as limited partnerships instead of as corporations. Buyers purchase “units” instead of “shares”. This is done primarily to avoid corporate taxation, and allows more of the MLP’s profits to be passed onto the unit holder.
Of course, there’s no free lunch when it comes to taxes, so the unit holder is ultimately responsible for the taxes on the profits – potentially a complicated task when April 15th rolls around.
Despite the extra work for you or your accountant, MLP’s are just too good to overlook, especially if you have an
...accountant, Contrarian Perspectives, Dave Fessler;, energy, Energy Transfer Equity LP, Enterprise GP Holdings LP;, Enterprise Products Partners L. P., Enterprise Products Partners L.P., gulf of mexico, InvestmentU, Kinder Morgan Energy Partners LP;, king, Market Commentary, master limited partnerships, Natural Gas, natural gas gathering systems, natural gas liquids, natural gas pipelines, Oil And Gas, petroleum gas pipelines, retail propane operations, TEPPCO Partners LP, United States
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