I have never owned a oil,gas,pipeline MLP with positive UBTI. Many thousands have held and traded MLP in a IRA for years with no problem. the UTBI rules were designed by the IRS to monitor Chairities not MLP. If you are a upper one percenter your accountant can handle it. If a average retiree ,trade away and don't worry about.
Roustybaby, Bought some at $9.59 when you get ready to dump your shares sub $9 I will take them:) Interesting to know you do your D&D on a quality MB like AINV:) Semi Ponzi ? Your a riot! What a joker!
From a little reading Capital loss can be deducted from a Trad IRA if the loss is less than your taxable basis of the Trad IRA. This would benefit very few people with a Roth or Trad. By the way Intuit says TurboTax Premier is programmed to figure the IRA deduction.
We need Bozo Klumps on the PSEC MB. But it would not happen, Bozo is a one bridge Troll !
I was very unaware of a IRA Capital loss deduction. From a quick read it might work for a Roth or Trad IRA, but the kicker is you must close all like IRA(Roth or Trad) in order to figure any loss.
Frigator, The usual trading plan did not work well in Sept or Oct. which is to be expected on occasion. If market settles will start lightly in Nov or December. I was wishing for a correction so 2015 could start off on a positive foot. Also might reevaluate some regular energy trades.
I have collected coins for 55 years for enjoyment with little thought of investment gain. Never considered bullion would rather use PayPal or Apple Pay. If doomsday ever comes food and weapons would be more useful than silver or gold.