SDIRA With Check Book + UBIT Tax Consequence

[Eden Meng]

Hi BP Community,

I am currently in the process of setting up SDIRA with Check book control to do my flips. The proceeds from the flips will be re-invested in syndication deals or move back to invest in stock market.

I am reaching out for guidance if this will create any tax consequences for the current year? If so, how do you personally plan your tax around it?

Note: I already scheduled with couple CPA for consultation. However, It is nice to hear from my peers who have more experiences in this arena. Thank you !

Eden