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Unrelated Business Income Tax

(654 reviews)

Produced on January 21, 2015

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Course Information

Time 62 minutes
Difficulty Intermediate

Course Description

Find out how Unrelated Business Income Tax (UBIT) can apply to a retirement account’s activity. Many think UBIT is a penalty for retirement accounts and HSAs, but it is really just a “cost of doing business” associated with certain investments.  


This program, led by attorney Brad Burnett and Bill Humphrey, addresses these and other pressing issues related to UBIT.  Join them as they define when UBIT applies, how to estimate cost, and strategies to avoid it altogether.


Learning Objectives:

I.      Understand the circumstances that generate UDFI and UBTI in a retirement account

II.     Analyze how UBIT is calculated

III.    Know how to avoid UBIT

IV.   Comprehend strategies that can affect the amount of UBIT due



Credit Information

This course is pre-approved for CLE credit in the following states. If your state is not listed, contact support for more information on how to receive credit


Bill Humphrey

New Direction

Bill Humphrey is recognized by professional advisors as an expert in the self-direction of IRAs and other tax-advantaged accounts as well as the associated IRS codes pertaining to these investments. Bill is also an experienced Certified Public Accountant who, over the past 20 years, has specialized in tax-related property issues and forensic accounting. He received his BS in Business from the University of North Carolina, Chapel Hill. Bill's graduate work included a concentration in finance and economics. He knows the ins-and-outs of IRA law and stays current with all legislation governing tax-deferred or tax-free retirement arrangements. Bill has also been a consultant to the HSA Insider, one of the largest clearinghouses of Health Savings Account information on the web. He became involved in real estate investing with his associate, Catherine Wynne, and assisted in developing the framework for debt-leveraged IRA real estate investment.

Bradley Burnett

Bradley Burnett Tax Seminars

Bradley Burnett, J.D., LL.M., is a practicing tax attorney in Denver, Colorado with 32 years of taxpractice experience. His practice emphasis is on tax planning and tax controversy resolution.


Prior to establishing his own law firm in 1990, he practiced tax accounting with national and local CPA firms, worked as a trust officer for a Denver bank and managed the tax department as partner in a medium-sized Denver law firm. After receiving his undergraduate degree in accounting and law degree (J.D.), he earned a Master of Laws (LL.M.) in Taxation from the University of Denver School of Law Graduate Tax Program.


Mr. Burnett has delivered more than 2,800 presentations on U.S. tax law, tax planning and ethics to CPAs, attorneys, enrolled agents, civic groups and corporations throughout all fifty U.S. states, Washington, D.C., the Bahamas, Italy, Greece, Turkey and Canada. He has authored the texts of 30 CPE (or CLE) courses, authored and taught tax materials for Commerce Clearing House (CCH), Practitioner Publishing Company (PPC) and written articles for national and local tax journals over the past 28 years.


Bradley served for four years as adjunct professor at the University of Denver School of Law Graduate Tax Program, where he pioneered an employment tax course and occasionally pinch-hit in the IRS practice and procedure field. He has also appeared on television answering tax questions for call-in viewers of Denver NBC affiliate KUSA Channel 9. Brad has received the Illinois Society of CPAs Instructor Excellence Award for teaching in Chicago and five times has been the top rated, most requested instructor for the Kansas Society of CPAs annual tax conference. Burnett’s seminar style is to deliver the subject matter in briskly paced, enthusiastic and witty fashion. His forte’ is the candid communication of practical ideas relating to tax law.


Richard K.

Very informative overview of this area of tax planning.

Damon M.

The presentation caused me to change my thinking about the effect of UBIT in real estate transactions of this type.

Gail G.

Great presentation.

David O.

Excellent seminar

Stuart P.

Really informative

Dale C.

I really liked the 2 person Q&A format.

Dwight B.


Goutham R.

Really good course.

Kirk L.


Harris J.

very effective communication of the rules

Adam Z.

Very good and the principles were applicable beyond mere IRA considerations

Tomas E.

Excellent presentation. Well explained.

Roger H.

Clear and concise. He did a good job.

Becky F.

I thought I knew pretty much every thing on UBIT , but I really learned a lot here. fascinating.

Alison C.

Well presented

Karen T.

Interesting program.

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