Benefits/Drawbacks to trading through an LLC?

Discussion in 'Professional Trading' started by DragonDog, Feb 19, 2012.

  1. Nothing I've said is illegal. Maybe on the shady side but not illegal....if big time money managers and corporations can strategize to minimze tax liability, why can't I?
     
    #41     Feb 21, 2012
    spread'em and nomoremondays like this.
  2. TraDaToR

    TraDaToR

    Hello, Does someone knows how protection of personal assets works in UK Law? I am trading through a Swiss "LLC" ( SARL ) with a UK clearing firm...I have never signed any kind of personal guarantee( although I had in the past at US brokers ...) and my personal name never appears in the contract I have with my broker except of course as the sole trader and owner of the LLC .
     
    #42     Apr 23, 2015
  3. xandman

    xandman

    You might be able to fund a private 401K plan in your LLC, trade the 401K, and use the 401k as a funded business an asset when your company applies for a business loan.

    This structure was recommended by a Wells Fargo business lender for Franchise loans.
     
    #43     Apr 24, 2015
    TraDaToR likes this.
  4. promagma

    promagma

    Keep in mind that batting singles and going for homeruns are both valid strategies ...one is not easier/smarter/more profitable than the other... it's just a preference.
     
    #44     Apr 25, 2015