Anonymous asked in Business & FinanceInvesting · 2 months ago

Would there be any benefits if I do stock trading and investments under my LLC that I formed for another business type? Is it legal at all?

One member LLC. 

Registered in NY. 

Work in MA

I am curious for example if there will be tax benefits if you do day trading or swing trading under the name of LLC rather than just personal account

2 Answers

  • Anonymous
    2 months ago

    That is why you hired a Business Attorney on retainer.

    That is why you hired an (tax?) Accountant to do you books.

  • Anonymous
    2 months ago

    You ask this repeatedly. STOP.

    You are going to lose your money and there is no "benefit" to losing your money.  Go ahead & spend hundreds on an LLC so you can lose more.

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