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Linn Co, LLC Message Board

  • snipedawg99 snipedawg99 Jun 14, 2013 1:52 PM Flag

    401k or outside

    Just curious, do you guys own your LNCO inside tax deferred accounts or outside? I am assuming outside since last year's dividend was all nondividend distributions.

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    • I think you are mixing up LINE, which for tax purposes issues a K-1 for distributions that are non taxable but must be recaptured when you sell and LNCO which is organized as a corporation that is going to issue monthly dividends which are taxable at regular dividend rates if held outside either a tax deferred or non taxable account. If held within a tax deferred or non taxable account, they are obviously either taxed upon recognition or not taxed at all. LNCO in a Roth IRA or Roth 401K is a spectacular return at this price and either dramatically mispriced or indicative of something else entirely. Your pick.

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