UBIT Self Directed IRA (wholesaling)

[David Goings]

greetings. Got a first world problem on my hands here that hopefully others can learn from as well... I have a SDIRA with equity trust and was told I could cherry pick wholesale deals that I wanted to involve with my LLC to fund some of the profit to my SDIRA tax free. Here I am years end and my cpa is telling me it’s subject to unrelated business expense tax. Basically the SDIRA and my llc went 50/50 on a few deals taking on no debt and I never touched the money that went to my SDIRA. Equity trust is saying one thing and my cpa another. What do you think? I thank you in advance. -Dave Goings