|
|
| *Home>>>Investment Options |
Are there any deductions can be applied to investment activities? |
I began operate options trading through LLC. If I will not elect to become "professional trader" on my tax return at the end of the tax year - I will not be able take any deductions (subscriptions, seminars, losses & etc)? Sincerely, Euge If you're referring to american federal income taxes, commissions usually add to your cost basis and reduce your net proceeds, which reduce your capital gains taxes. If advice fees and those other things are more than 2% of your income, I do believe you can write them off as well. |
| Tags |
| Investment Services Investment Portfolio Investment Plan Investment Performance Investment Options Investment Opportunity Investment Manager Investment Management Investment Information |
| Related information |
Probably. It depends how you look at it. Over the long term, stocks & real estate will probably give you the same return on the dollar (learned this in Finance at University of Chicago nobe... visit ... Your first option should be to fund fully a retirement account. If you do this, and you have extra cash, then one of the best things you can do is open a DRIP Plan. Go to : low-cost-stock-recomm... put a set amount of money in the bank (under her name) in an account that gains interest ...certain accounts gain a lot more interest than others depending on whether or not you need to acces... Depends. If you want to guarantee your return @ around 5% then a CD might be the way to go. If you are willing to take on some risk, there are other ways to go. It's important to remembe... A lot of real estate loans are nonrecourse. Nonrecourse means they can only go after the property to settle the debt. If they don't get enough from the property to pay off the debt, they can... It would probably be a good part of your international equity type of stocks. I will warn you that these types of stocks fall under India Stock laws and the fund transfer to the USA would be heavil... ishares are comparable to Exchange traded funds where you can trade sectors, indices, even countries as a single stock.check out www.ishares.com......they are a good investment option especially fo... |
Categories--Copyright/IP Policy--Contact Webmaster |