Q: I was wondering, are there any examples where a C-corp was run as a home business or renting a virtual office? Or is this strictly prohibited?
A: There is no prohibition against the C corporations operating as a home business. The concern from a ROBS 401k perspective is that the C corporation should not pay you rent to use the space in your home.
Mark Nolan has been active in the 401k and IRA industry for over 18 years. Working as a 401k administrator at Nationwide Insurance Company; then working as a Compliance Officer and Manager at self-directed IRA/401k custodian companies such as Trust Administration Services Corporation (now owned by Equity Trust Company), to IRA Services Trust company. Mark is currently the Compliance Manager at MySolo401k.Net.