"EPD is a preferred income holding for him in a taxable account because its MLP tax treatment lets him defer taxes on a large portion of the income he receives."
6mo
"They Say I Shouldn't Love My $14,013 / Month Passive Dividend Income"
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"EPD is a preferred income holding for him in a taxable account because its MLP tax treatment lets him defer taxes on a large portion of the income he receives."
"Enterprise Products Partners (EPD) fits my passive-income approach because its distributions provide largely tax-deferred cashflow for years (roughly $10,500 annually), even though it’s not technically a dividend."