All Forum Posts by: Adam Koch

Brian and Ashish, thank you for your time and reply. One of the funds will issue a K1. I’m told there is no concern regarding UDFI but I would prefer to hear it confirmed by a third party. It seems like I’m hearing two potentially different answers here. Is there a specific type of professional or CPA I should be searching for who can review the fund documents and clarify the issue for me? My current CPA is not familiar with this area. Thank you again for your help. 

I'm considering investing in two private REITs within a self directed Roth IRA. The specific funds are DLP Lending Fund and DLP Housing Fund. They invest in 1st position real estate investment loans and direct real estate ownership respectively. I am unable to find any definitive information on if either fund would generate UBTI, UDTI, or any other tax. My accountant is uncertain. My understanding is the REIT structure within a self directed Roth IRA avoids these taxes, but I would like to find a reference or professional to confirm this. Can anyone point me in the right direction? Thank you.