What is UBIT? Is it only for SD IRA?
Most of my RE is invested through my Self Directed Solo 401k.
I've seen the term UBIT thrown around, but don't fully understand it. I don't think it affects my life, so that's good but I want to know about it anyway.
Tagging @Dmitriy Fomichenko who seems to know everything...
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Real Estate Agent CO (#FA100049656)
- https://www.biggerpockets.com
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- Podcast Guest on Show #261