Thu, Aug 21, 2014, 7:41 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

NuStar Energy L.P. Message Board

  • arbtrdr arbtrdr Jan 26, 2013 5:29 PM Flag

    Before you buy a MLP like NS please read.

    There is a long thread with about 10 posts with totally incorrect information about MLPs like NS and taxes. BEFORE, hopefully, you buy a MLP go to the NAPTP website (National association of Publically traded Partnerships) and read their primer on MLPs. All owners need to understand that you report your taxes using a K-1 and not the broker 1099. That you can have taxes due on MLPs held inside an IRA. That a MLP deferrs taxes, it does not eliminate them thus selling after holding for many years can be expensive because of recapture of depreciation. Last, that a sale of part of your holdings in a MLP makes a sale even more costly taxwise and much more complicated to file.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
NS
65.48+0.49(+0.75%)Aug 21 4:05 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.