I am a day trader in stocks and wonder if there are any advantages in having an account under an LLC?
Jasper Capital (LLC under Assent). Still not sure which way to go, I guess personal is simpler, not sure about all the duductions I now claim...
But with a Corp I can deduct operating expenses, rent, software etc. can I do that if I do it through personal?
I will start prop trading in January and have a tax related question. I have a corporation and an LLC so am I better off getting paid into my...
Do you know if this can be done using Turbo Tax?
Does anyone if I can file Trader Status with Turbo Tax?
This is really boring, can anyone recommend a decent CPA who doesn't charge an arm and a leg? How difficult is it to file Trader Status for a...
If in 2005 I had 20k in short term cap losses and didn't file Trader Status and in 2006 I had 20k in short term cap gains can I file Trader Status...
I trade a dollar neutral strategy and plan to use 20 times leverage overnight on a couple of mill. I have been talking to a few prop firms that...
Yes, please clarify, I am confused
So if I get paid for shorts and I am dollar neutral wouldn't that net out the fees for the longs, resulting in no overnight lending cost. By...
By the way, it seems to me that not everyone pay you for the shorts.
10-30% phew!!! So I have to make 20% per year just to break even :eek:
What is a typical charge for overnights?
sorry about the duplicate post. I had some problems with another login.
I am new to the prop business, but not new to trading. I have been trading a dollar neutral strategy for a couple of years with very good results....
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