And not all PTPs are MLPs; some could be publicly traded limited liability companies (LLC) that have decided to be taxed as a partnership. Just as with ordinary shares, when investors sell shares ...

Here’s how a master limited partnership works, examples of MLPs and their pros and cons. A master limited partnership offers the best features of a partnership with the liquidity of a publicly ...

The farmer is subject to personal liability and pays income and self-employment (SE) taxes on all farm operating earnings. General Partnership ... tax-plan further. Pros: A Limited Liability ...