For all those advocating Seattle or CA: Don't forget that the markets open there before the roosters get up.
Not officially. if the IRS finds it to their advantage to have her pay tax on it, they might ask why she is paying you so much. Otherwise, any...
Let her file a 1099 misc. in your name to pay you most of the money for account management.
HSBC
If the k-1 you receive is on your name and Social Security# there isn't anything you can do but file Scedule E. Not legally. Not even illegally....
I have subsequently spoken to a knowledgable accountant. It cannot be done.
from what I understand, if you declare your income as capital gains, you cannot create an IRA or pension plan. if your firm will allow you to...
Why does the Corp have to own 10% (or any part) of the LLC?
Next question is if they consider it earned income or simply capital gains. If they consider it earned income from stocks (unlikely), then it...
Does anyone know if the k-1 income from a prop firm qualifies for Foreign Earned Income Exemption, or it does not since it is a partnership...
I was told by my broker's accountant that, as a resident of a foreign country it is possible for me to take the Foreign Earned Income Exclusion on...
That is a great question. The answer is that given the fickle nature of Sterling I am not sure the whole thing will work. So I am not going to...
What is the minimum configuration (CPU, Memory) for a server used to run a black box. I need a server to run a black box program (through...
Anyone know where I can get the best deals trading listed through a black box (2-3M sh/mo) using Sterling Pro? I can, and would rather trade...
Monstercat wrote: I would consider myself an expert on prop deals and different platforms. Would you be so kind as to let me know , then,...
Any firms that will put up a decent amount of margin and charge a reasonable commision (.005 is not reasonable for 2m sh/mo.) for a black box? I...
The net is very flakey here. Any decent company has a T-1 line @ $1500/month. Otherwise you have to jump from ISP to ISP to find a decent...
Thank you, Don. I think that would be ok. How can I get hold of you to discuss this?
Sorry, I neglected to mention that I trade listed stocks and that i do have a license but, at this point, I don't want to move it from where it is
I am an experienced (6 years) trader looking for a prop firm that will put up their money without asking me for my license. Is there any such...
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