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Updated over 5 years ago,

User Stats

64
Posts
152
Votes
Gary Barella
  • Flipper/Rehabber
  • East Brunswick, NJ
152
Votes |
64
Posts

Opening trading account. Business? Or personal?

Gary Barella
  • Flipper/Rehabber
  • East Brunswick, NJ
Posted
I have my LLC for flipping homes but I’m going to start trading stocks… Should I keep that in my personal name or should I have a LLC for that and then create a holding company that holds my real estate LLC and trading LLC and pay myself from the holding company? Will this benefit me better for tax purposes?

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