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Updated over 7 years ago, 04/10/2017
401k rollover to c Corp business
as I look into starting my C corp I have some questions. When I roll over my 401 K into C Corp do I have the cash to build my business or does it act as a loan to pay back my retirement fund?
@Alec Sithong I'm curious how your journey went. Do you mind sharing on the BP forum a little bit? (Of course I hope it has been a great success.)
@Jeremy C. It's going well. I've decided to start another business entity LLC to do passive income rental properties and keep the C-Corp as an active business flipping houses. Tax for LLC will be S-corp. Hope this helps. PM me if you have further questions.
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