NOT2438. UBI Hard Hitters (ONLINE ONLY)

Do you know an unrelated business activity when you see it? In this session, we will review some oft-overlooked and nuanced UBI types, including advertising, rental and debt-financed income, joint venture activity, and income from passthrough entities.

Learning Objectives:

• Determine whether non-core business activities might be considered unrelated business income.
• Identify the nuanced rules connected to activities such as advertising, exploited exempt activities, debt financed investment income, and rental income.
• Analyze whether joint ventures and flow through activities are related or unrelated.