I have question on setting up a business with trading. I have done really well with my ira. I was looking at setting up an s-corp or llc as an entity for trading. I am not a professional trader but have done well enough to consider a part time business for a small income.
I am familiar with s-corps, never set up an llc. Understanding it is opinion, any thoughts on which way to set up? It would just be me and my wife as officers of company and no employees. Does it make sense to set up the account as a corp. or llc or just set up under my name? Thanks