Anyone own Sunoco LP (SUN) ?
I've never owned an MLP. Have they always been timely getting you the K-1 documents you need. My biggest concern with MLP's is having to file an extension due to them not providing tax documentation on time.
- EvaLv 59 months agoFavorite Answer
K-1s are often slow as the partnership returns are not due until March 15 and they can get an extension. Personally I find them a PITA to put on a return as there are a lot of entries for not much money. I have yet to see anyone get much income from one.
- Grandpa SharkLv 69 months ago
This is the number one reason why I don't invest in MLP, getting the K-1 documents late