Recent Content by newbee2020

  1. Trading income vs Inestment Income under an entity for active trading

    Thank you for the reply. I am trying to do same set up as you. I started LLC, planning to make it SCorp (and perhaps M2M). Can I send you a...
    Post by: newbee2020, Aug 24, 2020 in forum: Taxes and Accounting

  2. Trading income vs Inestment Income under an entity for active trading

    Thank you for taking taking to reply. Appreciate it.
    Post by: newbee2020, Aug 24, 2020 in forum: Taxes and Accounting

  3. Trading income vs Inestment Income under an entity for active trading

    My understanding is that if you trade under LLC (S Corp) with an intent to have an income to contribute for retirement plans, it needs to come...
    Thread by: newbee2020, Aug 22, 2020, 6 replies, in forum: Taxes and Accounting

  4. Can anyone recommend an accountant for an active trader (without TTS)?

    https://www.tradersaccounting.com/ Does anyone have any knowledge/experience with them? They have packages for 6 mos and 12 mos for new...
    Post by: newbee2020, Jul 23, 2020 in forum: Taxes and Accounting

  5. Transferring equities to LLC

    Thanks for taking time to answer my question. Useful information.
    Post by: newbee2020, Jul 23, 2020 in forum: Taxes and Accounting

  6. Multiple trades of same symbol - how does it work.

    thanks
    Post by: newbee2020, Jul 23, 2020 in forum: Order Execution

  7. Multiple trades of same symbol - how does it work.

    Is there a limit to how many times one can trade, assuming cash dont run out with margin enabled account?
    Post by: newbee2020, Jul 22, 2020 in forum: Order Execution

  8. Multiple trades of same symbol - how does it work.

    Thank you. Thank you.
    Post by: newbee2020, Jul 22, 2020 in forum: Order Execution

  9. Multiple trades of same symbol - how does it work.

    I am a novice trader and a question about trading. If I do multiple trades of same ticker in the same day how does it gets executed? does it...
    Thread by: newbee2020, Jul 22, 2020, 5 replies, in forum: Order Execution

  10. Transferring equities to LLC

    Ty for reply. My understanding is that if you trade under LLC you can potentially save on self employment taxes for the profits, although the...
    Post by: newbee2020, Jul 22, 2020 in forum: Taxes and Accounting

  11. Transferring equities to LLC

    I talked to some CPAs,and they say it is not a taxable event for the individual, although one of said it is. I am still not sure. May I know your...
    Post by: newbee2020, Jul 21, 2020 in forum: Taxes and Accounting

  12. Transferring equities to LLC

    Ty for the reply. What data fee you are referring to?
    Post by: newbee2020, Jul 21, 2020 in forum: Taxes and Accounting

  13. Transferring equities to LLC

    I have been trading for last 1+year individually. I feel I could benefit from LLC (s corp) primarily to open retirement fund and perhaps save...
    Post by: newbee2020, Jul 21, 2020 in forum: Taxes and Accounting