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So you want to set up a trading business. That's all well and good, but the question on our mind is if you know how to set up and run a trading business?
You can set up a trading company right now if you wanted, but that's not the issue you should be focusing on. The point of interest should be the steps that come after establishing the business itself.
If you are a business owner, real estate investor, or active investor, please request your free 45-minute strategy consultation with Anderson Business Advisors 👉 aba.link/89v
Toby Mathis is here to delve deeper into the world of trading businesses and what you can do to be the boss of your empire.
Building that long-term wealth and creating something from scratch is time-consuming, so it's best to get started sooner rather than later.
From start to finish, this video has the basics of what you need to start your stock trading business. With each step, Anderson Business Advisors and Toby Mathis are there to help you achieve your dreams.
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0:00 - Intro
1:01 - Definition of a trading business
6:25 - Trader vs. Investor
10:42 - Why people choose trader status
15:39 - Why create an entity
19:43 - Setting up your trading business
24:14 - The power of your c-corp
30:26 - Here is to avoid an audit
36:09 - Short summary
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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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. of the information contained herein without seeking professional legal advice.
#businessstructures #daytrading
2 июн 2024
