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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (471)1/1/2000 5:20:00 PM
From: Girish Patel  Read Replies (1) | Respond to of 8096
 
1. Change your accountant <g> and find someone who is better.
2. Tax deferred accounts such as IRA, Pension plan or a Charitable Remainder Trust.
3. Limited partnerships (family or otherwise)
4. Corporation (not much there)
5. Family trusts and foundations.

Find someone who understands these entities. Unfortunately there are not many who do. Trading options correctly should give you very high rate of return on your capital and you will need someone who understands the tax code.

One must pay taxes. The idea is to minimize your tax liability, protect your assets and pass them on to your heirs with minimum burden.