ForumsROBS 401K Business FinancingQ&A – Act as Manager for ROBS 401K Real Estate Operating Company?

Forums ROBS 401K Business Financing Q&A – Act as Manager for ROBS 401K Real Estate Operating Company?

  • Q&A – Act as Manager for ROBS 401K Real Estate Operating Company?

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  • George Blower

    Top SubjectSolo 401k,Solo 401k Contributions
    Top ForumsSolo 401k, Solo 401k Contributions

    George Blower

    George Blower

    Top SubjectSolo 401k,Solo 401k Contributions

    July 25, 2021 at 6:01 pm

    QUESTION:

    Could I buy (x) properties in name of c-corp and then be the property manager for them? Thinking I’d be actively managing and having maintenance and upgrades done on them to maximize rents.

    ANSWER:

    Absolutely – if you fund a business via a ROBS 401K you must work in the business as a bona fide employee such as by serving as the manager of the C-corporation that owns and operates the real estate operating company.

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