Day Trader Makes $1.2M and pays $0 In Tax! (Using Limited Margin IRA)

Day Trader Makes $1.2M and pays $0 In Tax using Limited Margin IRA

As a successful and consistently profitable trader one of the biggest blows to your account is going to be taxes! One of the best tax strategies (without exiting the US) is trading in a limited margin IRA! Limited margin means you can use unsettled cash proceeds in your IRA to trade stocks and options actively without worrying about cash account trading restrictions or potential good faith violations!

**Note You can withdraw contributions you made to your Roth IRA anytime, tax- and penalty-free. However, you may have to pay taxes and penalties on earnings in your Roth IRA (anything above your contributions). **

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Time Stamps
0:00 Introduction
0:47 Barriers to Entry
1:23 How’d He Do It?
3:05 Margin Trading
4:21 Limited Margin Defined
5:05 What Is Not Allowed
5:36 Who Can Use A Limited Margin Account?
6:00 Other Considerations

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► BenzingaPro - great for news and stock research https://pro.benzinga.com/tradertaxcpa...
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DISCLAIMER: I am not a financial adviser but fortunately I am a CPA :). These videos are for educational and entertainment purposes only and should not be taken as "individualized" tax advice. Should you need tax solutions I highly recommend consulting with a professional or our CPA Firm. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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