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Hi tiddlywinks, Never mind. I came across your comments on a different thread (pasted below). It addresses some of my questions. https://www.elitetrader.com/et/threads/tax-acct-green-trader-tax-vs-trader-tax-cpa.361519/page-2

For someone with Trader Tax Status, what's the best option when forming a new, separate entity dedicated to trading only ? Is it an LLC that's taxed as an S-corp or an LLC that's taxed as a partnership (my wife is also involved in the trading business) ? Any insights that you can share ? I have...

Is anyone here facing issues with how optionshouse calculates stock buying power and max allowed portfolio value ? Per optionshouse faq section, margin requirements are as follows: ======= The maintenance margin requirement for long stock above $5 is based on a comparison of the stock...