In this edition of The Motley Fool's "Ask a Fool" series, Motley Fool One analyst Jason Moser takes a question from a Fool reader who asks: " I was wondering if you could tell me what exactly is a Master Limited Partnership?" Jason discusses how MLPs are structured, why they can be attractive investments for income investors and some of the risks and challenges associated with investing in MLPs.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.