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Q&A – Act as Manager for ROBS 401K Real Estate Operating Company?
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Top ForumsSolo 401k, Solo 401k Contributions 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.
