I recently bought some US Master Limited Partnership stocks; I was tempted by its distribution returns.
Apparently I didn't do enough homework and jumped in too fast.
Turns out purchasing MLPs require filling in tax returns (K-1), but how does it work with foreign investors?
I bought my MLPs via eTrade.
I tried asking Citibank HK, and to my surprise, they don't allow purchasing MLPs.
Anyone has any experience in this? Was hoping someone could simplify it for me.
Thanks