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Is BIP a MLP? How do you tell?



November 18, 2009 – Comments (2) | RELATED TICKERS: BIP

I'm guessing that BIP is an MLP since it has Limited Partner in its name - but how can you tell for sure. I tried reading descriptions on various investing websites and the company website and nothing directly states that they are an MLP.

I'm interested in investing in BIP, but I currently only have funds available in my Roth IRA and I remember reading that MLPs have tax disadvantages when held in Roth IRAs - so I want to make sure before I do any additional research into company financials / filings.


2 Comments – Post Your Own

#1) On November 18, 2009 at 1:11 PM, blake303 (28.71) wrote:

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#2) On November 30, 2009 at 5:53 PM, hrcrusher68 (25.19) wrote:

I had no idea BIP was an MLP.  It looks like a K1 will be involved for tax time.  Hopefully turbo tax deluxe can handle that crap. 

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