Yes. IRAs are taxed on unrelated business income. This may be received if your IRA holds an interest in a master limited partnership (MLP). This income is reported to an IRA owner on Schedule K-1 and must be reported currently on the IRA owner’s tax return; such income is not deferrable. More specifically, unrelated business income over $1,000 triggers unrelated business income tax (UBIT) that is reportable. If you have further questions, contact your IRA custodian or trustee.
Increase in value of property due to market conditions. When you sell appreciated property, you pay tax on the appreciation since the date of purchase. When you donate appreciated property held long term, you may generally deduct the appreciated value.