Good luck with ET. I opened it while being thwarted from reopening EPD. Not favorable to me. I like EPD. K1 is just another form for my accountant to fill out, and I don't get the $1000 cut off in dividends per broker you were referring to.
I suppose there is an onerous cost averaging problem when taking distributions from IRA accounts, but I'm not quite there yet. If my wife retires (being forced- that is aged out- with the offshore group of attorneys in her law firm she's a paralegal with.) I'll need to supplement that loss of income.
As far as the details go, I simply don't know. Shows you where I am understanding finance. I have always held and traded EPD in my retirement account. Is that wrong ?