Have a C corp to pay for traveling around the world to find business opportunities? https://www.irs.gov/retirement-plans/rollovers-as-business-start-ups-compliance-project TC180
When you invest your retirement somewhere you trust that buisness to seek their own opportunities, why would you stick your nose where you don't have expertise? while this is exciting plan for small businesses IRS pointed out major flaw in it, it might benefit only one and folks with ROBS investment. Although I don't understand why most ROBS plan arrangements failed till now so no comments
Because everyone will expect it to fail, it would not be guilty to fail.
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You don’t need to do a ROBS to write off travel expenses.. Could do standard LLC, funded by some other savings
Isn’t it better from other people me money?
What are you trying to do? You could find investors for your LLC, just as you’re implying you would with a ROBS, and “use other people’s money” to pay for travel. The ROBS option doesn’t get you anything special here (in terms of writing off travel).