Add a Master Limited Partnership Watchlist so they can be excluded from searches for stocks intended
MLPs should not be owned within IRAs. A watchlist with all the MLPs in the VV database would enable users to exclude these stocks from searches intended for IRAs.
5
votes
Donald G McKinnon
shared this idea
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James Marshall
commented
"MLPs should not be owned within IRAs" -- why not? In my experience IRAs are good place to put MLPs, if you want to invest in them. No MLP tax paperwork is required for any type of IRA. No dividends are reported. Taxes paid indirectly on whatever is drawn out of IRAs except for Roth's, for which withdrawals are never taxed.
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John Weiksnar
commented
Don - Do KMR and EEQ get around some of the MLP issues???
I would also like to see MLPs put into a seperate watchlist