Enterprise Products Partners L.P. Message Board

Would it have been betterto have saved up the money and paid cash for your car? Understand that is not the "American way", but that way you would not have had to pay any sort of interest on your purchase. Debt is the bane of the economy today in the crippling effect it has on spending.

EPD is the largest MLP by some margin so it is only logical it would be in the top 3 holdings.

LAZY

If EEP bought the policy you wanted they would have a $10 to $15 million deductible. Guess you forget EEP owns some of the oldest pipes in the industry. They have $8B in new projects coming. They are investment grade. Patience.

Are you serious or simply stupid. If you are part of the effected dates you do not need to "join" anything. Will have the BDO 10K and 10Q and then you can see if there are any lawsuits. Remember either way the lawyers are spending your money on both sides! LOL.

There a lot of ignorant and stupid posters here. There are definitely buyers for Triad and MWE and a couple others are obvious interested parties. The problem is right now they really need to wait for BDO and get the lawsuit mess settled first.

Actually it would have been a surprise if they had increased. OKS increased but by .005 instead of .025 and others moved up by .01 instead of .02 or more. This quarter looks to not be a good one for midstream MLPs with differentials and processing margins down and ethane at bypass prices. Subsequent to end of the quarter prices started to rise a bit with better ethane prices and differentials a bit improved in TX/OK.

Why? They filed a suit. It has not been heard. It has not been certified as a class action suit. No hearing of ANY kind. Try posting valid information, OK?

Actually congratulations to almost every MLP investor. Alerian MLP index is at a new all time high.

The business arrangements are not that complex. The problem was not shady accounting. Everything that was done was top drawer. The problem was they had about 1/2 the number of people needed and did not do much of the accounting. As to getting paid back your "loses", you seem to be angry and definitely lose. Whatever that means.

Are you serious? MHR-D

Scary question.

It is indeed related to the JVs and also the structure of the company when he bought out the GP. I would think if anything that percentage will increase as a percentage of distributions over time because while MWE bought out the Marcellus JV, the Utica JV is just getting going.

Wondering why you would need to change your withholding to cover this? If you pay in for 2013 what you owed for 2012, all is good. Also if you owned in 2012, MWE is likely to have similar amounts for 2013 and thus no material change to tax liability or income.

Suggest you try reading the definitions page for you K-1. It is all spelled out there! You don't need to report line 16L at all. You do not need to report it because it gives you a credit for foreign taxes paid. If you don't want the credit, don't report it. If the CPA from TaxAct has not heard of the foreign tax credit - you got a really stupid CPA or maybe they are just a cleark saying they are a CPA!

Maybe if you were not so lazy you would understand the bull case for NAVB. The approval came out Friday. now the shorts who were betting against (95% of new drugs fail) need to cover.

Wrong again.

Hrtenps obviously cannot read the information at the K-1 support site.

It is truly unfortunate that people do not get the difficulty in getting out a K-1 when you own or owned parts of other companies.

SXL and APU had to complete their K-1 info before ETP could complete theirs.

Then ETP had to complete their K-1 before ETE could do their report.

Finally with the data from EPD and combining the data from the others EPD could finally get their K-1 data out.

A question to hrtenps - When did you get your final corrected 1099B from your broker? Since they were not sent out until 3/15, you could not have had it more than a few days. What is your complaint? Will you complain next year when EPD will get its K-1 out approximately March 1st that you are waiting for the other K-1s and your broker statement?

If you would read your K-1 you could find line #20V. That line is titled UBTI. Your quote say specifically that the first paragraph does NOT apply to the collection of UBTI from Charitable organizations and IRAs and they are subject to the tax.

The problem is you just do not get it that an IRA is a tax exempt trust.

If you are a retail investor buying in a regular account you are not subject to the UBTI tax. Is that clear?

If you are receiving distributions in your IRA - which is a TRUST - you are subject to UBTI.

A portion of the distributions from a company like ETP may be considered UBTI. An example of this is any portion of a distribution created from activities that are not directly related to energy (like the retail operations inside SUNOCO gas stations) are UBTI income.

Again you miss the point that MLPs are restricted in what activities they can conduct and not be subject to Federal Income tax.

To directly answer your question - A portion of the distributions paid to retail investors may be considered unrelated to their normal business activity which is restricted according to Federal statute.

You are not talking about a program to handle UBTI INSIDE an IRA. You are saying your program handled a 1099. 1099s are not "fairly standard forms", they are standard and issued by the US Givt for every Social Security recipient, insurance companies and others for pensions. Agree if a program cannot handle that it is worthless.

The point is that we are still waiting for you to tell us what tax software will tell you if your IRA owes UBTI.

Auto downloads also do not download everything. They are also impossible for last year as the system only can handle 1 K-1 on a download. Entering the numbers manually only takes me about 3 minutes per K-1. Took longer than that to get the numbers to download. Next year there should be only the one k-1 as EPD to my knowledge sold all their last ETP units in 2012.

No.