Recent Content by millridge

  1. Pros and Cons: LLC vs S-Corp

    Does anyone have a clear answer on this? As a trader(sole or entity), if you select MTM, you turn your trading capital gain into ordinary income....
    Post by: millridge, Apr 5, 2011 in forum: Professional Trading

  2. Best state to form a LLC?

    Texas LLC filing fee $300
    Post by: millridge, Feb 24, 2011 in forum: Professional Trading

  3. Pros and Cons: LLC vs S-Corp

    Oh! I didn't think about that, maybe different state has different rule regarding LLC setup. Need further study this weekend.....
    Post by: millridge, Feb 18, 2011 in forum: Professional Trading

  4. IRA under LLC type Account

    I am also researching this. I am trading with IRA account in IB. The problem is you can't short in IRA account according to IB. Setup an IRA LLC...
    Post by: millridge, Feb 18, 2011 in forum: Retail Brokers

  5. Pros and Cons: LLC vs S-Corp

    I think the confusion comes from the idea that trading through entity(LLC) will give you trader status automatically. According to some CPA site,...
    Post by: millridge, Feb 18, 2011 in forum: Professional Trading

  6. Pros and Cons: LLC vs S-Corp

    After searching the internet for idea and reading through this threads, I feel the right entity or no entity is really individual case by case....
    Post by: millridge, Feb 17, 2011 in forum: Professional Trading