tag:blogger.com,1999:blog-23022583.post114534685336061631..comments2023-10-21T05:40:35.227-04:00Comments on Plugged in Finance: What We're Buying With My Wife's New IRA Funds (2005 Contribution)Finance Junkiehttp://www.blogger.com/profile/15006124275899289564noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-23022583.post-1145615868311427042006-04-21T06:37:00.000-04:002006-04-21T06:37:00.000-04:00TCLP is a publicly traded partnership. I would be ...TCLP is a publicly traded partnership. I would be *very* careful about putting it into an IRA. Partnership units also create a tax nuisance with their K-1 forms. But if you still want to own partnership units, I recommend Sunoco Logistics Partners SXL to go with your holdings of TCLP.<BR/><BR/>TCLP's dividends are considered to be "Unrelated business taxable income" UBTI which are prohibited in an IRA. You should consult an experienced tax accountant about this issue.Market Participanthttps://www.blogger.com/profile/16431759637730910395noreply@blogger.comtag:blogger.com,1999:blog-23022583.post-1145580829730902332006-04-20T20:53:00.000-04:002006-04-20T20:53:00.000-04:00Don't buy the PIMCO!<A HREF="http://wcvarones.blogspot.com/2006/04/pimco-dumb-as-dirt.html" REL="nofollow">Don't buy the PIMCO</A>!W.C. Varoneshttps://www.blogger.com/profile/17663570682958847976noreply@blogger.com