EVen if your IRA account itself does not recieve the business funds, it is still the responsible taxpayer for the LLC and UBTI applies to IRAs.

So here we are....I recieve a call from my brother where we have a mutual friend who's parents are thinking of selling their duplex (3/2 each ski chalet) in Michigan UP.

Cash invested: $98,600 subtract $2,300 I recieved from auction and $1,200 from 2 trips to the junk yard. 

I recieved a lead on a non listed property a few weeks ago.  2 flat Madison B -C+ Neighborhood 189k. 1-2 month Renovation would cost 20k-30k for myself as GC. 

The entire time I recieved no money from tenant, and being across country didnt have the time or abili6to go through with the eviction.Long story short we ended up hiring a lawyer, and had the tenants evicted early this month.

I'm buying it as a primary residence and the tenant there recieved 60 days notice from the previous owner to vacate the place... the tenant is not complying and I feel she will probably stay there long term.

Tenant laws says if u recieve even $1 toward a repayment of late rent you haaave to restart eviction process.

My rents show up on their owners portal, but for some reason 3 months now I have not recieved deposits , even after numerous conversations about it, and a reminder just a week ago. hearing of these self services offered by companies such as cozy, I figure I can get almost exactly what a property manager does, except not all my eggs in one basket.

The owner called desperate because they had not recieved rent in 4 months there where several code violations levied on the property and the tenant said they where up to date with rent.  

The less cash flow you will recieve.