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What Is An MLP?

An MLP refers to a Master Limited Partnership or a publicly traded limited partnership. Shares of the ownership are often referred to as “units.” Often times you will see MLPs operate in energy sectors and sometimes financial (real estate). A corporation is typically viewed as a separate, stand alone entity. An MLP is not considered an entity but rather the aggregate of the partners that own “units” of the partnership. The reason we care about this is because MLPs don’t have corporate taxes. Read more [...]

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Read more on Master Limited Partnership (MLP) at Wikinvest