I understand the UBIT consequences of having a traditional SDIRA acquire a loan for real estate, but didn't know that this also applied to the purchase of a business. 

What I've gathered so far from other posts on BP is the following:-Property owners are ultimately responsible for ensuring the water bills are paid-A tenant who is in default of the water bill for >90 days can result in a lien being placed on the property and unless stated explicitly in the lease, they cannot be evicted for nonpayment-These consequences don't apply to sewer, gas, and electric billsFor landlords and property managers, I have a few questions:1.How are you ensuring tenant compliance with water bills in multifamily homes, aside from proper screening?

Consequently, no approval or action by the IRS is required to certify a taxpayer. 

You've definitely got to be careful because the consequences could be severe but there's plenty of work arounds. 

Sloppy records threaten the legimacy and consequently the protective benefits of the LLC. 

Too many potential consequences.

Sounds like a terrible scenario to throw at her but this was the consequences that we would endure.

You may be able to move your 401(k) investment with no tax consequences by doing a rollover into a professionally managed private real estate fund.

Sadly, this is a consequence of capitalism. 

I like to inform tenants (verbally) that the outcome of an eviction has three consequences for them:1.