Which is preferable - Trust or LLC - for Trading and other investing ?

[traderwald]

Hi guys,

Do you trade using a Trust or an LLC ?

Which is preferable from the standpoint of 1. Tax and 2. Income Distribution ?

Thank you

 

[dozu888]

this is the last thing you need to worry about lol... make money first.

 

[traderwald]

this is the last thing you need to worry about lol... make money first.

One could still learn and be curious about this ?

 

[dozu888]

One could still learn and be curious about this ?

considering only 1% will ever make enough to worry about corporate structure.... no, learn to make money first..

 

[Foxtrader]

I use an LLC

 

[ground zero]

Hi guys,

Do you trade using a Trust or an LLC ?

Which is preferable from the standpoint of 1. Tax and 2. Income Distribution ?

Thank you

Consult with a certified CPA tax specialist and potentially a Tax Attorney.

 

[TommyR]

gd point trust