How To Trade Stocks Inside An LLC (Trade As a Business)

Video Description

Would you like to learn more about day trading inside an LLC? Schedule a free consultation here: https://aba.link/5dw In this video, I'm diving into a question many traders have: can you place your trading account in a Limited Liability Company (LLC), and what are the potential tax consequences? I'll walk you through how setting up your trading account within an LLC works, and more importantly, how to avoid a costly mistake that could lead to paying taxes on existing positions. I'll also explain the benefits of using an LLC to protect your trading account from creditors in the event of a personal lawsuit, and why selecting the right state to set up your LLC is crucial. You'll learn why I prefer setting up trading LLCs in Wyoming for the strong charging order protections they offer. 🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more! Show Notes: 0:00 Day Trading as a Business 1:28 Reducing Liability as a Trader 2:52 Trading LLC 4:55 Avoid Personal Brokerage Account 8:57 Personal Property Trust 11:48 How Many Accounts Inside an LLC --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://www.youtube.com/c/RealEstateAssetProtection?sub_confirmation=1 ~~~~ FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers, creditors, or even greedy people out to make a quick buck who want to take advantage of YOU. 👉 Save Your Seat: https://aba.link/gnl ~~~~ FINANCIAL PLANNING & RESOURCES 📚 Order Your Copy of "Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors" Here: 👉 https://aba.link/nxtlvl Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/c2e For financial strategies, podcasts, articles, and details on upcoming workshops, visit https://aba.link/clintaba Here’s a little about me and my book Asset Protection for Real Estate Investors https://aba.link/clintbio ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT CLINT COONS Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth. --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #llc #stocktrading #daytrading #daytrader