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Re: Google ranks BBEP best      7-Nov-09 10:23 pm    
"I don't know anyone who has explained how taxes work if you are trading in and out of LP's..."

I haven't checked to see if there are any special rules for PTP's, but I think the rules are the same as any other partnership...sale of less then your total position in a specific partnership subjects you to the rules governing a "partial liquidation" of a partnership interest. In short, you can't recognize a loss on the units you sell. The basis carries to your remaining units.
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goto_gofer

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  Subject Author Rating Time of Post (ET)  
 
What is the best oil stock investment today?, Goggle #1...
cashflowgem... Rate it 6-Nov-09 02:37 pm  
 
Apparently they (BBEP) is paying down debt so stop...
cashflowgem... Rate it 6-Nov-09 03:05 pm  
 
I don't like their oil hedges if oil prices g...
brother_fir... Rate it 6-Nov-09 04:08 pm  
 
Its been pretty volitile. Income and debt iss...
goto_gofer Rate it 6-Nov-09 10:51 pm  
 
Comparing a limited partnership to a C-c...
opytion Rate it 7-Nov-09 12:08 pm  
 
Re: Google ranks BBEP best
goto_gofer Not rated 7-Nov-09 10:23 pm  
 
I'm sure there's a way to get ...
opytion Rate it 9-Nov-09 01:48 pm  
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Vaalco Energy Inc. (EGY)

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