Replies to post #1421 on Energy Transfer LP (ET)

[Prudent Capitalist]

Understand. Learned that lesson holding MLP's and LP's outside tax-deferred retirement accounts years ago with KMP and now only hold ET and others in tax deferred retirement accounts. KMI took the entire KMP MLP inside KMI and that is not an issue over there now.

[Invest83838]

If one buys and sells ET without taking any dividend

are there still tax reporting issues?

I have held some oil & gas MLPs in the past and took the dividend and then had to do all the associated tax reporting.

So just wondering if one does not take the dividend, is it just a buy and sell trade?