ROBS 401K Program FAQ Answered – Can my ROBS C-corp business pay me rent to use my home office?

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ROBS Program FAQ – I am funding a new restaurant franchise via ROBS 401K Business Financing.  The restaurant won’t be constructed for six months so I will be working out of my home during that time.  Can the C-corporation pay me rent for using my home office?

No – the C-corporation that is funded with your retirement funds can’t pay you rent to use part of your home as a home office.

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About George Blower

I have the privilege of educating our clients about our products and services so that they can make informed and confident decisions about their financial future. Prior to joining My Solo 401k Financial, I served as the general counsel for a subsidiary of a Fortune 500 financial services company. Learn more about George Blower and My Solo 401k Financial >>

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