Friday, October 30, 2009

RE: [TheOptionClub.com] Trading in an LLC

 

Trade in a Trust, that’s interesting

 

From: OptionClub@yahoogroups.com [mailto:OptionClub@yahoogroups.com] On Behalf Of john sheldon
Sent: Friday, October 30, 2009 7:57 PM
To: optionclub@yahoogroups.com
Subject: RE: [TheOptionClub.com] Trading in an LLC

 

 

Clay,
Personally I'd give it a strong thumbs up.  If you decide to do it you might check with Boss Office for pricing before you jump in with Traders Accounting, I've heard Traders is much higher priced than Boss.  Boss (or more precisely their affiliated law firm) set my entities up & Boss handles every thing for me, meeting minutes, taxes, etc.  And their customer service is great!  If I can give you any other info about this feel free to email me direct.
 
John



 

To: OptionClub@yahoogroups.com
From: clay@kwikmurphy.com
Date: Fri, 30 Oct 2009 15:29:49 +0000
Subject: [TheOptionClub.com] Trading in an LLC

 

I had a company in Phoenix (Traders Accouning) recommend an LLC to trade in with a C-Corporation as the general managing partner. I know the benefits of this set up. I know the tax savings. However, I don't know the difficulty of day to day use (tax preparation, paperwork, new bank accounts and credit cards...). My question is one that could get bogged down in lots of details, and I know every situation is unique, but my question is to those that have this setup. On the whole, would you give it a thumbs up or thumbs down for recommending it?
Clay

__._,_.___
The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

To unsubscribe from TheOptionClub, send an email to:
OptionClub-unsubscribe@yahoogroups.com
Recent Activity
Visit Your Group
Yahoo! Finance

It's Now Personal

Guides, news,

advice & more.

New web site?

Drive traffic now.

Get your business

on Yahoo! search.

Yahoo! Groups

Weight Management Challenge

Join others who

are losing pounds.

.

__,_._,___
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)