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Updated almost 5 years ago,

User Stats

36
Posts
5
Votes
Micah Starbuck
  • Investor
  • KNOXVILLE, TN
5
Votes |
36
Posts

Can I buy property from my ROBS?

Micah Starbuck
  • Investor
  • KNOXVILLE, TN
Posted

I'm trying to figure out if I can use a ROBS to develop a turn key rental and then sell it to myself at a fair market rate.

I've seen a fair amount of discussion where using a ROBS to hold rentals is discouraged but it looks like real estate development would be OK. I just can't find whether or not I could purchase the property after it had been rehabbed without breaking some rule or law.

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