Hello Mark and Mat,
I am a somewhat recent subscriber to your podcast and cannot get enough. You have the perfect combination of ‘education’ and ‘entertainment’ content. Love it!
My question – I am interested in investing in a multi-family syndication with my SD Roth IRA but am unclear around the consequences of UBIT/UDFI with the investment. The syndication is using a debt structure to purchase a value-add property and intends to refinance or sell in 3-5 years. Will there be a tax consequence on distributions or gains since the operator is using debt to finance the purchase of the property?
Thank you and please keep up the good work!
Brent
Your question was answered by Mat and Mark on Directed IRA Podcast EP 71: Open Forum.