""I will owe about $17 per share in taxes (typical of most unitholders). So my net is about $78.47!! ""
and pray tell how much ordinary income have you already received that you have never paid any taxes
stop whining, everybody is making $$$, if your upset about paying taxes that you were hoping to never pay, even though YOU KNEW they were merely deferred then turn your attention to the taxman. Thats the real problem.
the market is waiting for me to build a full long position, but I'm waiting for the price to drop more before I add anymore ...
actually if you look at how much ordinary income they received they made plenty of money on kinder.
They just don't want to pay up on the deferred taxes. I presume some of them already spent it.
But I do agree, if the whiners would spend the time researching and understanding their investments this wouldn't have been such a big issue for them with the ioption of investing some in KMR istead of KMP.
I wish the people that gave thumbs down to this post would pipe up and say why...
If one wants to be in KMI, KMR seems to be the right way to enter. After the initial big jump I actually swapped all my KMI into KMR. One thing that you missed is that the KMR dividend is not a taxable event, while the KMI dividend is a qualified dividend. So another plus for entering KMI via KMR albeit a small diff.
sounds like your the troll your misleading people when they should be focused on what to do with their investment going forward instead of wasting their time and effort for something that can't succeed.
lol silly me of course ... I got trolled by psi ... repeating the same thing over and over again like a parrot without a real rhyme or reason for it to be true.
"So assuming they actually do increase their dividend, by 2020 two shares of KMI will be paying just a bit less (in non-inflation-adjusted dollars) than a unit of KMP is paying today. Gee, and all you have to do is sit on KMI for 5+ years."
wrong comparison. If the div increases come, and the market is confident of the future growth the share price will icrease accordingly. Start comparing to Big Oil with qualified dividends, and their typical stock behavior.
This is the old growth versus income investment strategy decision, ie capital gains versus dividends,.
I put my $$ on Kinder cause this is gonna be one monstorous domestic energy infrastructure and transpotation play.If there weren't other major players like energy transfer and enterprise products and FERC reguation already in place to protect the consumer kinder will be so large that it would have problems with the FTC for monopoly concerns.
why the thumbs down? what I stated is a fact, depending on the investor the UBTI recapture could be significant. One might save on taxes even in an IRA if one moves from KMP to KMR now before the deal completes.
guess people would rather hide with their heads in the sand.
KMI is NOT a partnership, and it never was. Its a C corp and General Partner and there are NO K1s for KMI. I guess you really don't have an investment in KMI and your just pontifacating.
they may go into LNCO as well, some of the KMP holders may have learned the ramifications of an mlp the hard way. ie MLPS are not guaranteed income annuities. actually even thats not safe cause annuities can also fail with bankruptcy can't they ?
wow are you in denial ? Listen to the conference call, separate deals was discussed, they won't happen. The deal is NOT wobbling, everybody likes the deal except those that hate paying tax more than making money.
Dream on, dream on, dream on,
Dream until your dream come true
Dream on, dream on, dream on,
And dream until your dream come true
I'm sticking with richard kinder, but not for the whole investment. Taking some of the gains and moving it to other smaller mlps such as ARP, QRE that are still near the bottom of their pricing. Not adding to ete/etp, already have a full position in energy transfer and they are relatively high.
the options market does value time. Thats the only place that I know of aside from similar vehicles for commodities. One of my primary strategies is to leverage theta.
Annuities don't even count as part of the market.
BULL, The partnership agreement does not guarantee time value. Did you ever read it ?
You and you alone are responsible for your own taxes.
Within what I was able to invest in the Kinder family I am a major beneficiary. And actually so were you. You just can't admit that you were wrong to be in KMP because of well documented risks when you had the choice of KMR.
you might benefit from less final UBTI recapture if your holdings are large enough, if you do the swap now before the merger completes at full value. KMR\KMI is a straight stock swap and does not trigger a tax event.
why should anyone pay your taxes for you ? Thats really what your asking isn't it ?
Please please explain.
1. There are no separate deals. All three agree or the deal fails.
2. KMP and KMR represent equal amounts of the kinder enterprise. You can't sweeten the deal for KMP without sweetning the deal for KMR, and proportionally so for EPB.
Its folly and fantasy for anybody such as the SEC to think that kinder is responsible for income tax on Ordinary income that a KMP unitholder has received. Next thing you know you want Obama to pay your taxes for you. (actually would be kind of cool if Obama paid my taxes for me!)