Hi everyone,
A little question about the investment vehicle that is the medical corporation.
I have heard discrepancies between accountants on the limit of money invested in a medical corporation. Some recommend paying as much as possible to personal as the vocation of medical corporation is not investment and then invest in stock market and ETFs from personal banking account and other accountant recommend to keep the funds in the medical corporation and use it as an investment vehicle buying stocks as TSLA and ETFs from a corporation banking account.
For MDs out there, what are the feedback of your accountants on the cap of amount of money invested through medical corporation and if there is a certain limit? Any advice to transfer the funds to a Holding Co to spread the amount of capital invested or it doesn’t matter since the 2 companies are related?
Thanks for sharing your knowledge on the subject.
A little question about the investment vehicle that is the medical corporation.
I have heard discrepancies between accountants on the limit of money invested in a medical corporation. Some recommend paying as much as possible to personal as the vocation of medical corporation is not investment and then invest in stock market and ETFs from personal banking account and other accountant recommend to keep the funds in the medical corporation and use it as an investment vehicle buying stocks as TSLA and ETFs from a corporation banking account.
For MDs out there, what are the feedback of your accountants on the cap of amount of money invested through medical corporation and if there is a certain limit? Any advice to transfer the funds to a Holding Co to spread the amount of capital invested or it doesn’t matter since the 2 companies are related?
Thanks for sharing your knowledge on the subject.
