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Living Off Dividends & Passive Income

are these the same as MLPs?

Spencer Hill

No. MLPs are Master Limited Partnerships that mostly trade on major exchanges. Direct Participation Programs don't trade as readily. The current favored exit strategies are an exchange listing or a private of the portfolios assets with capital gains distribution to its memebers.

MLPs and DPPs do resemble one another with the exception that most MLPs can be bought and sold more easily on a major exchange.

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