In discussions with a service firm that was funded at inception via founders 401k. Trying to understand what purchase options may available, restrictions that would be inherit in a purchase, or any other items to be aware ? If anyone has experience in such funding and purchase mechanisms, would love to connect and better understand options?
Thank you,
Oleg
Does anyone have experience with financing via IRA/401k
by a searcher from Portland State University
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From what I understood, it can be done as long as you are not a director in the company or have a controlling stake, but as an investor you can do it via IRA.