Tax efficiency in brokerage accounts

https://www.bogleheads.org/wiki/Tax-efficient_fund_placement

I follow the above. In my taxable account it's split between VTI and VXUS. The bulk of my international allocation is here as you get a tax credit (vs deduction) for foreign dividends if you itemize.

My Roth IRA is split between VTI and the individual stocks I own. My 401k/roll over IRA/HSA is a mix of bond, stock and REIT funds. This is where I do my rebalancing to keep my allocation correct across all my accounts.

The only non efficient thing I do is my emergency fund that covers 1 year of basic expenses. The bulk of it is in T-bills in a taxable acct throwing off interest but at least it's exempt from state taxes. I'm moving 10k of that to I bonds every year which is tax deferred and exempt from state taxes.

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I have sworn off individual stocks as I am not willing to spend the time to maximize return with this.

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That’s a good idea. The more time you do spend, the more you realize you don’t know or can’t control. By the time you’ve learned enough for it to actually be worthwhile to pick individual stocks, you’re likely to be jaded on the concept altogether.

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Why would you waste Roth space for MLPs when MLPs have very positive tax treatment in taxable? I haven't paid tax on MLP distributions in over 10 years which helps a lot in trying to show lower income for ACA insurance purposes, etc.

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You are going to be in for a shock when you sell them...

Now I know some people plan on staying the MLP until they die. Works well until the MLP decides to do something dumb like a taxable reorganization or merger...