Reply To: ROBS (Rollover for Small Business)

[Brian]

I’m not sure about the minimum. Because ROBS was the way I could pull the deal off, i just had to accept the C-corp. Ideally in the future I can raise funds in another company and “buy” the company from my 401k (majority shareholder) at that point they’d appraise the business and hopefully there would be a gain and that gain would be tax-sheltered in the 401k. all stuff for the future, gotta focus on getting this store open now 🙂 Happy to chat, but honestly I don’t know a ton of the details…i’d say it’s worth some time on the phone with guidant talk about potential future conversion to an S corp.