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4 votes
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How do I profit from having a share in an LLC?

In the US, LLCs do not have shares. LLCs have membership interest. They also have something called "Operating Agreement" which is essentially a contract that governs the relationships between the memb …
littleadv's user avatar
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4 votes
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Profit from fractional share math

The prices quoted in the market reports are for full shares. So if you own half a share and a full share is worth $185.28, it means that your asset is worth $92.64. Given that you purchased it for $88 …
littleadv's user avatar
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2 votes

Why does the calculation for percentage profit vary based on whether a position is short vs....

Simple math: 50-25=25, hence decline from 50 to 25 is a 50% decline (you lose half), while an advance from 25 to 50 is 100% gain (you gain 100%, double your 25 to 50). Their point is that if you have …
littleadv's user avatar
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1 vote

Calculation, timing, and taxes related to profit distribution of an S-corp?

We will bill our clients periodically and will get paid monthly. Who are "we"? If you're not employed - you're not the one doing the work or billing the client. Would IRS care about this or t …
littleadv's user avatar
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