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Non-Tech : UAN - The variable distribution MLP that could go a long way -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (796)12/21/2023 11:28:43 PM
From: Area51  Read Replies (1) | Respond to of 811
Did you ever get an answer to your question (circumvent tax by transferring shares out)? Or did Privately convince you that K-1 capital gains won't be taxed? I like what he says and what he says makes more sense to me than what the accountants did with my form 990-T, but I just pulled out my 990-T for my sale in 2021 and it is clear as day that they taxed the capital gain (they specifically attached a form 8949). You had a good comment (since deleted?), about why wouldn't they tax a capital gain in something like CCL similarly. I guess the only reason they don't is they only review it for companies that file K-1? Still it makes no sense to me. But change what you can control and accept the rest I suppose.

I actually have been buying some UAN lately (got some higher, some near the lows and some today). I think 2024 may see the dividend back near $20 per share, and the unit price back over $100. We shall see.

Best Regards,