The Complete Guide to MLP Investing
Tax guides, basis tracking tools, and institutional-grade analysis for MLP and PTP investors.
MLP Fundamentals
How MLP Distributions Work
— Return of capital, taxable income, and why distributions aren't dividends
How to Evaluate an MLP
— DCF, coverage ratio, and the metrics that actually matter
When to Sell an MLP
— Tax consequences, phantom gain, and the basis trap
K-1 Tax Guides
Why Your Broker's Cost Basis Is Wrong
K-1 Basis Worksheet Explained
Section 751 Recapture
MLP State Filing Requirements
How Distributions Erode Your Basis
MLP in an IRA: UBTI
Box 19 Distributions
K-1 Guides by MLP
Energy Transfer (ET)
Enterprise Products (EPD)
MPLX LP
Plains All American (PAA)
Western Midstream (WES)
Cheniere (CQP)
Sunoco LP (SUN)
USA Compression (USAC)
Natural Resource Partners (NRP)
Black Stone Minerals (BSM)
CrossAmerica Partners (CAPL)
Delek Logistics (DKL)
Antero Midstream (AM) — No K-1 (C-Corp)
Tools
K-1 Basis Tracker
— Free IRS-adjusted basis calculator for MLP investors