MLPs complicate the income tax requirements for IRAs. An IRA is required to report and pay Unrelated Business Income Tax (UBIT) if its MLP holdings earn a certain level of unrelated business taxable ...

I recently discussed how to build a high-yielding, tax-free portfolio for retirement passive income from holding BDCs (BIZD) and REITs (VNQ) in a Roth IRA and MLPs (AMLP) in a taxable account. All ...