Which is preferable - Trust or LLC - for Trading and other investing ?

Discussion in 'Taxes and Accounting' started by etrades, Aug 10, 2019.

  1. etrades


    Hi guys,

    Do you trade using a Trust or an LLC ?

    Which is preferable from the standpoint of 1. Tax and 2. Income Distribution ?

    Thank you
  2. dozu888


    this is the last thing you need to worry about lol... make money first.
  3. etrades


    One could still learn and be curious about this ?
  4. dozu888


    considering only 1% will ever make enough to worry about corporate structure.... no, learn to make money first..
  5. I use an LLC
  6. Consult with a certified CPA tax specialist and potentially a Tax Attorney.
  7. TommyR


    gd point trust