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Re: OldAIMGuy post# 577

Thursday, 12/03/2020 9:58:38 AM

Thursday, December 03, 2020 9:58:38 AM

Post# of 872
Speculating here but a vaccine will make the market go wild and it is being baked in now... It is already approved for use in the UK.

EPD then will be returning to the steady long term plan... raise their D each Quarter and that will bring a whole lot of money back in... This will be looked back on as a good opportunity.

I read on another board that someone said the distributions would be taxed when you sell. We know that is not correct.

The gain from your initial cost of shares will be taxed when you sell, (never if you hold and let the heirs get a stepped up basis) but not the distributions you earned while you held. They do not book your return of capital distribution as a cost basis event reported to the IRS...

Many are confused by the K-1 forms that are required and come in the Spring,... but my accountant is NOT.

GLTA!

-pete


"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-

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