Can a corporate entity be used to defer taxes?

Discussion in 'Taxes and Accounting' started by AshanD, Jun 24, 2008.

  1. AshanD

    AshanD

    I save as much of my trading profits as I can because my goal is to get into real estate in 2-3 years. Taxes are going to be an obstacle against saving and will cut my buying power substantially. So I'm looking for a way to hold onto my money for a few years, even if it means paying higher taxes later (because after I've established myself, paying higher taxes won't be as much of a problem)

    Has anyone been able to defer taxes by trading under a business entity?

    Thanks