Classifying MLPs as "income" stocks is a big mistake. It's a costly one too...especially if it's growth you're after. Yes, the partnerships toss off tons of cash. The high-net worth folks I work with ...

"CAN MY COMPANY put its assets into a partnership, lever up the partnership, and then take out a bunch of cash tax-free with no recapture or anything?" The answer used to be a resounding "YES." And ...