ROBS 401k Program FAQ – For a multi-unit franchise, can I operate each location via a separate LLC?

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ROBS Program FAQI am using a ROBS 401K Business Financing plan to fund the purchase of multiple locations of a franchise.  Can I operate each location via a separate LLC?

Yes – each LLC (i) would be a 100% subsidiary of the ROBS C-corporation and (ii) may not be taxed as an S-corporation (since an S-corporation can’t be owned by a C-corporation).

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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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