Losers fashion themselves victims.

and did it the old fashion way by just going for it.

I studied Fashion Design.

Now there are a lot of ways to get started in real estate investing using other people’s money, but there is nothing wrong with the old fashion way of saving up and paying for things on your own.

As such, UBIT would not likely apply.On the other hand, if you were using an IRA to invest in non-performing notes where a key strategy was to foreclose and then resell the house, and that was the primary enterprise conducted on a regular basis, then UBIT could apply.The principal behind UBIT is that it is a tax designed to level the playing field for tax-paying businesses when tax exempt entities are directly competing with those businesses by engaging in commercial activities in a similar fashion as normal businesses in the field.  

If I have $500k in my checking account that I saved up the old fashioned way (lol), I'm a cash buyer for properties $500k and less.If $600k is in my checking account from a cash out refinance 2 months ago, I'm a cash buyer even though it's technically still borrowed funds. 

I would recommend you do your analysis for now the old fashion way.  

"Millennium", Quantum", "Sylvan", "Idyllic", etc. and fashion that into a name by connecting it with "Enterprises", "Industries", "Associates", "Ideas", etc.One specific suggestion I will offer is to avoid names containing "properties", "investments", "holdings", etc.

Also, the individual case reports present information in a random fashion.

The self-directed custodians are non-bank trustees that are regulated in a similar but slightly different fashion.