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Real Estate Funds & UBTI in a IRA
Let's say you wanted to invest some of your IRA money with a real estate fund. You will have an "interest," be a member of this fund who owns the property. The fund is setup as a partnership so you will get a K1. Assuming you don't do any prohibited transactions. When would UBTI come into play? I've researched it to death and can't figure out the answer.
Thanks!
Curtis
March 31, 2021
12:47 PM