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I just purchased shares ( units) in a MLB pretty much for
Hi, I just purchased shares ( units) in a MLB pretty much for the benefit of the dividends to be paid this year. The MLB will possibly convert to a C-Corp next year. Will that conversion be a tax head… read more
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I am 61 years old and I want to invest in real estate inside my IRA. I am planning to set up a self directed IRA and transfer funds form my rollover IRA to fund it. I have 3 questions related to this:… read more
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Is the unrelated business income of an MLP taxable in an
is the unrelated business income of an MLP taxable in an IRA … read more
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I COMMUNICATED WITH YOU RECENTLY ABOUT A LOSS IN SALE OF
I COMMUNICATED WITH YOU RECENTLY ABOUT A LOSS IN SALE OF MLPs FROM MY IRA.YOU RESPONDED THAT THE LOSS WAS PASSSIVE AND I DID NOT HAVE TO REPORT TO IRS.WHAT ACTIONS I MUST TAKE RELATING TO INFORMATION … read more
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I have in my ira a schedule k 1 form. i thought you did not
I have in my ira a schedule k 1 form. i thought you did not have to report gains or losses until you sold them. is that correct?… read more
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QUESTION (ACCOUNTANT'S ONLINE NAME) ONLY: I am trying to
QUESTION FOR PDTAX (ACCOUNTANT'S ONLINE NAME) ONLY: I am trying to figure out the cost basis for a publicly traded MLP that I sold on the last day of 2014. How do I report the quarterly distributions … read more
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I sold last year Master Limited Partnership (MLP) units that
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I received schedule K-1 MLP held in my IRA. It's a regular IRA, not Roth. Do I
I received schedule K-1 for an MLP held in my IRA. It's a regular IRA, not Roth. Do I need to report any of this information on my tax return? What about if I sell the MLP?… read more
Phillip B, EA
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Lane Retired now at 59 and plan to rollover 401k to
Hi Lane Retired now at 59 and plan to rollover 401k to Fidelity IRA soon....need to take between $10,000 - $12,000 and roll over the rest. They take I believe 20% in taxes???will I have to pay taxes a… read more
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Do I need to report from a K-1 interest, dividends , and cap
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Hello- Im trying to figure out a tax question. I have a: •
Hello- I'm trying to figure out a tax question. I have a: • ***** *****cock 401k: $182,000 • eTrade Roth IRA: $9,000 Question: I'm thinking of rolling over my ***** *****cock 401k into an IRA (I no lo… read more
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I hold an MLP in my self directed Roth IRA account. I understand
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I am interested in adding more MLP investments to my Roth IRA,
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I hold 3 mlps in my ira account and I have aready filed my
I hold 3 mlp's in my ira account and I have aready filed my federal/state tax returns and have just received 3 K-1 statements. None of the k-1 show UBTI tax of a combined amount that comes close to a … read more
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I HOLD MASTER LIMITED PARTNERSHIPS IN A ROTH IRA. ON LAST YEARS
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What are the Tax consequences of holding MLPs, REITs, and busness
What are the Tax consequences of holding MLPs, REITs, and busness development companies in IRA and Roth IRA accounts? What are the effects of "unrelated Business taxable income?… read more
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my parents inadvertantly executed 2 ira rollovers within 1
my parents inadvertantly executed 2 ira rollovers within 1 year. although they were comleted within the 60 day window the fact that there were 2 seems to be a violation. Will the irs work with them on… read more
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From a tax perspective, are MLPs and REITs best ...
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