Don't trade shares of Limited Partnerships (LPs or MLPs) in your retirement account unless you want a big tax headache.
I thought I was *avoiding* that headache by only buying such companies that send a K-1 in a tax-sheltered account. Now it's even worse than holding them in taxable.
If you want further information (in which case you're already in a little bit of trouble, like me), google IRS Form 990-T and UBTI.
Grr.
Don't trade LPs in your retirement account
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dualstow
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Don't trade LPs in your retirement account
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flyingpylon
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Re: Don't trade LPs in your retirement account
Just happy to know this is not about vinyl LPs... 
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dualstow
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Re: Don't trade LPs in your retirement account
Do trade vinyl LPs.
I haven't played my Led Zeppelin bootleg, 'Melancholy Danish Pageboys Get It On' in ages, but I'm just happy that the movers didn't steal it and it's safe in my den.
RIP LALO SCHIFRIN