I don't even know where the stock market is headed to right now. my portfolio of around 85k is not increasing more than 5% and people are predicting a crash.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $200k to $850k.
My CFA is Karen Marie Gendron, a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I'm just sitting in my girlfriends car that I borrowed from her today outside Circle K in Sweden and thought "The guy who owns Circle K has a holding company and has other businesses as well, so amazing that he is in his home while so many people work for him to make him wealthier and I am here not having much in my bank account and I riskt to be homeless soon", I've been working on a idea that I belive could be scaled up fast and I dream to have a holding company which I own other companies through it just like these other people who's done it. I find it very interesting that so many people work smart and there is so many people not even questioning how to be one of them, I see people walking around and accepting the fact that their reality is being shaped by elite people. I want to shape this reality too, and I will become a successful holding company owner as well.
Hi Matthew, Yes, we recommend working with Darren Millard from Facet Advisors. He is an experienced US tax accountant based in Vancouver, offering strategic advice to both individuals and corporations. They've helped many successful business owners. You'll be able to get the help you need with structuring your corporation and maximizing savings. You can find out more here: facetadvisors.com/services/international-us-tax-accountants-vancouver/
How would I pay myself in a structure with a single-member holding LLC (S-Corp) that owns my operating LLC, of which I’m the only owner and employee? How can this be done without piercing the corporate veil and losing asset protection, while still seeing the tax benefits of an S-Corp? Which LLC would handle payroll and how would dividends be distributed? Thanks!
Hi! Thank you for your question. We specialize in helping Canadian business owners. If you're based in the U.S and have questions regarding your finances, we are more than happy to refer you to an expert.
I have a question. Ocean 6 or anyone who can answer, please answer this-- 1. If I start an offshore trust and an offshore holding company and a US consulting operating company to trade in stocks market (mostly options). If all the profits are paid as dividend to offshore holding company, will that be tax free in US as well? 2. Alternatively I can lease a software from my holding company which holds intellectual rights of my software and lets say I pay 500K to 1M $ royalty to holding company, can this be treated as expenses on operating company and will it be tax free on holding company? Thank you in advance.
I don't even know where the stock market is headed to right now. my portfolio of around 85k is not increasing more than 5% and people are predicting a crash.
i'd advise you redistribute assets in your portfolio with the help of a pro so you don't get burnt in the market
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $200k to $850k.
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
My CFA is Karen Marie Gendron, a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Just ran an online search on her name and came across her website, pretty well educated. thank you for sharing.
I'm just sitting in my girlfriends car that I borrowed from her today outside Circle K in Sweden and thought "The guy who owns Circle K has a holding company and has other businesses as well, so amazing that he is in his home while so many people work for him to make him wealthier and I am here not having much in my bank account and I riskt to be homeless soon", I've been working on a idea that I belive could be scaled up fast and I dream to have a holding company which I own other companies through it just like these other people who's done it. I find it very interesting that so many people work smart and there is so many people not even questioning how to be one of them, I see people walking around and accepting the fact that their reality is being shaped by elite people. I want to shape this reality too, and I will become a successful holding company owner as well.
very well explained, thanks for sharing this information.
Glad it was helpful!
Great information
Thank you!
Great content, keep up the good work
Appreciate it!
Bravo from the US
I have rental incorporations and would like to have a holding company followed by a family trust. Whats the process?
Book a call with us at ocean6.ca/book-a-call and we can better discuss the proper steps in your unique situation that aligns with your goals.
@ocean 6 Hey Dave, do you have a reference for someone/a source to help with operating companies/holding companies/family trusts in the USA?
Hi Matthew,
Yes, we recommend working with Darren Millard from Facet Advisors. He is an experienced US tax accountant based in Vancouver, offering strategic advice to both individuals and corporations. They've helped many successful business owners. You'll be able to get the help you need with structuring your corporation and maximizing savings.
You can find out more here: facetadvisors.com/services/international-us-tax-accountants-vancouver/
Here's Darren's direct email for your convenience: dmillard@facetadvisors.com
how many members of incorporator that a holding company should have? can a holding company own only by one person?
A holding company can be owned by multiple individuals.
How would I pay myself in a structure with a single-member holding LLC (S-Corp) that owns my operating LLC, of which I’m the only owner and employee? How can this be done without piercing the corporate veil and losing asset protection, while still seeing the tax benefits of an S-Corp? Which LLC would handle payroll and how would dividends be distributed? Thanks!
Mannn go hire an attorney lol
It seems that this guy works for a Canadian company and therefore deals with Canadian tax issues.
Hi! Thank you for your question. We specialize in helping Canadian business owners. If you're based in the U.S and have questions regarding your finances, we are more than happy to refer you to an expert.
I have a question. Ocean 6 or anyone who can answer, please answer this--
1. If I start an offshore trust and an offshore holding company and a US consulting operating company to trade in stocks market (mostly options). If all the profits are paid as dividend to offshore holding company, will that be tax free in US as well?
2. Alternatively I can lease a software from my holding company which holds intellectual rights of my software and lets say I pay 500K to 1M $ royalty to holding company, can this be treated as expenses on operating company and will it be tax free on holding company?
Thank you in advance.
Not very helpful as you did not delineate if these structures are set up as an llc, an S-corp or a C-corp.....huge differences in taxes.
This is applicable for Canadian corporate structures. It will be different for US.
Women☕️
Magnificent breakdown "ol chap" 👌🏼 🫡!
Much appreciated
Great Info
Thank you!