Starting an Investment company to buy and sale individual stocks. Does anyone has the experience?
June 8th, 2010
Think about moving personal investment into an Investment company as a starting point. Is there any pitfall for doing so? Any additional tax liabilities? Also, if it makes sense, which state should I register at?
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Posted in Online Stock Investment | 
Tags: investment company, personal investment, pitfall, tax liabilities
I currently manage an investment company. You have to be careful how you structure and run the business so that it doesn’t fall into the Investment Company Act of 1040, for which you would need to be certified. Please contact me at nycigllc@yahoo.com and I can provide you with the details as to how we structured and operate our company.
Look forward to hearing from you,
Brendan Prewitt
President, New York Capital Investment Group LLC
You’ll need a brokerage license first, I believe…