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Schedule a complimentary consultation with our experts today! 👉 https://aba.link/89v 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 👉 https://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. Thank you for coming to the channel and watching our video. We hope that you found the video to be informative and helpful if you were planning on starting a business in trading. If you liked the video, we would appreciate it if you clicked the thumb-up icon. Furthermore, if you really liked the video, subscribe to the channel as we upload content similar to this one regularly. Questions and comments? Leave them in the comments section as we love to hear from you and try our best to respond in a timely manner. Good luck with all your endeavors, and tune in again for more great wisdom. 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 --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://aba.link/subscribe ~~~~ FREE TAX & ASSET PROTECTION WORKSHOP Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: https://aba.link/4pz TAX TUESDAY LIVE Toby Mathis, Esq. and Jeff Webb, CPA will answer ALL your questions LIVE on Tax Tuesdays every other Tues 👉 https://aba.link/tea OTHER ANDERSON ADVISOR EVENTS Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life. https://aba.link/tobyevents ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: / tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 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 https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- 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