Top 5 Reasons To Have A Holding Company: Holding Companies Explained.

Поделиться
HTML-код
  • Опубликовано: 17 май 2022
  • Hello fellow investor,
    ✤ Welcome to Rob Tetrault's RUclips channel.
    ⭐⭐ Top 5 Reasons To Have A Holding Company: Holding Companies Explained.
    When owning and operating a business there are many reasons why you might want to set up a holding company.
    It can be a great way to add an extra layer of protection. In this video, I’ll explain and go through the top 5 reasons to have a holding company.
    In this video, I’ll break it down for you and help you decide what’s best for your business.
    You’re definitely in the RIGHT place if you’re looking to understand how to create an investment portfolio or a "bullet proof plan” in order to protect you and your family, generate an income stream in retirement, and ensure that your money outlives you. We can help you maximize your estate value for your beneficiaries and minimize how much your estate pays to the government.
    Rob Tetrault is a multi award-winning Portfolio Manager and head of the Tetrault Wealth Advisory Group at CG Wealth Management. After graduating from the University of Toronto Law School, Rob initially
    worked as an insurance litigation specialist at MLT Aikins in Winnipeg.
    He then completed a Finance MBA and was a member of the Dean’s list at the Asper School of Business, before starting his Wealth Management Practice in 2010.
    We highly recommend you become a member of our RUclips family by subscribing to our channel. You can suggest or ask me anything. If you have any ideas, please share them with me in the comments below. We will definitely upload new videos on recent and topical events in the stock market.
    📣 Please tell us, what do you think of this video?
    ===================================================
    👉 Subscribe to our channel and press the bell 🔔 icon. Turn on notifications to never miss an upload! 🔔
    ===================================================
    ⏰ Video Duration: 00:09:19
    ===================================================
    ⌚ SCHEDULE:
    ⌚ New Videos Every Week ⌚
    👉 Don't forget to share your opinion in the comments below.
    Thank you for supporting the “ Rob Tetrault ” RUclips channel.
    ===================================================
    📲CONNECT WITH US ON SOCIAL MEDIA:
    TikTok ➡️ / robtetraultwealth
    Instagram ➡️ / robtetraultwealth
    Facebook ➡️ / tetraultwealthadvisory...
    LinkedIn ➡️ / robtetrault
    Twitter ➡️ / robtetrault
    Pinterest ➡️ www.pinterest.ca/rob_tetrault
    ===================================================
    📞 For Your FREE Consultation with Rob, simply fill out the form and directly book your strategy session in his calendar here: robtetrault.com/speak-to-rob/
    🤝Watch Our Webinar Presentations:
    👉 Register to our FREE Retirement Planning Masterclass - bit.ly/2THZzNj
    👉 Register to our FREE Alternative Real Estate Investing Masterclass - bit.ly/34ySkgB
    ===================================================
    📺 Watch my previous videos 📺
    🎬 Eat The Rich: The GameStop Saga (2022) Netflix Documentary Review:
    • Eat The Rich: The Game...
    🎬 6 Things I Wish I Knew Before Investing.
    • 6 Things You Need To K...
    🎬 Investing 100K:
    • Investing Your First $...
    🎬 Investing Basics: Bonds
    • Investing Basics: What...
    🎬 RRSP investment options:
    • RRSP Investment Options
    🎬 RRSP vs. RRIF:
    • An RRSP versus A RRIF
    🎬 Top 5 Reasons To Have A Holding Company.
    • Top 5 Reasons To Have ...
    🎬 What Is A Non Registered Account?
    • What Is A Non Register...
    🎬 LIVE: Stock Market Q&A
    • LIVE: Stock Market Q&A
    🎬 What Is An NDA?
    • What Is An NDA? Non Di...
    🎬 Should You Incorporate Your Investments?
    • The Pros And Cons Of I...
    🎬 Dividend Increase In Canadian Banks:
    • Dividend Increase In C...
    🎬 Tips To Build Good Credit:
    • Tips To Build Good Credit
    🎬 Cryptocurrency Investing Options:
    • Cryptocurrency Investi...
    🎬 What Is Monetary And Fiscal Policy?
    • What Is Monetary And F...
    ===================================================
    ❣ SPONSORED ❣
    No, this video was not sponsored.
    ===================================================
    📧 For Business Inquiries 📧
    Mail: rtetrault@cgf.com
    Phone: 204-259-2859
    📚 For more information on Rob & The Tetrault Wealth Advisory Group, click here: robtetrault.com/about/
    ===================================================
    ⚠️ "DISCLAIMER” ⚠️
    Rob Tetrault makes content available as a service to its customers and other visitors, to be used for informational purposes only. While our best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action. If any owners would like me to remove the video I have no problem with that, just send me a letter: rtetrault@cgf.com
    #holdingcompany #holding #investingbasics #investing #stockmarket #stocktrading
    #stocktradingstrategies #stockstrader

Комментарии • 17

  • @cylonshanghai
    @cylonshanghai Год назад +7

    Nicely explained!

  • @davidlam3763
    @davidlam3763 8 месяцев назад +1

    How would you find and determine/confirm the best or type of tax accountant for best results with critical thinking skills and least likely to make mistakes, corporate/business accountant?😍

  • @HopeProphecy
    @HopeProphecy 2 месяца назад +1

    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!

    • @RobTetrault
      @RobTetrault  2 месяца назад

      Interesting question and thanks for watching! These are great conversations that we work with our clients and their tax professionals to develop the best strategy for their situation. It also depends which tax jurisdiction applies to your unique circumstances. I suggest starting with your accountant and/or lawyer as your question may be multi-layered for tax purposes and liability.

  • @markwright1114
    @markwright1114 Год назад +2

    So if you already have an LLC with property in it, can you start a new holding company at and move the existing LLC into the holding company? Would that be the beneficial?

    • @RobTetrault
      @RobTetrault  Год назад

      Thanks for the question and based on the reference to an LLC, you may be referencing corporations outside Canada. We would recommend checking with your tax and legal professional about what is best for your particular circumstances.

  • @isaiahj3968
    @isaiahj3968 Год назад +1

    Is it possible for a holding company to own two entities to avoid conflict of interest between them? For example, a licensed adjuster cannot serve as both the adjuster and roofing contractor on the same project and vice versa. Is it possible to avoid this conflict if the owner of a roofing company set up a holding company that owned both the roofing company and the adjusting firm while still keeping the operations of both entities completely separate?

    • @RobTetrault
      @RobTetrault  Год назад

      Thanks for watching and certainly an interesting question. Based on the complexity, we would encourage you to consult with your legal professional to ensure the ownership structure can accomplish your goals.

  • @Everythingonearth23
    @Everythingonearth23 2 месяца назад +1

    hello there and more power to your Channel, My question is. do i just i just create a "holding company separate from my Operating company? and whenever operating company makes money (net) i can just send Cheque send to my Holding company?

    • @RobTetrault
      @RobTetrault  2 месяца назад

      Hello and thank you! Creating a holding company separate from your operating company is a common strategy for various reasons, including liability protection, tax planning, and facilitating investment.
      When your operating company generates profits, you can indeed transfer those funds to your holding company through methods such as dividends or intercompany loans.
      However, it's important to consult with legal and financial professionals to ensure compliance with regulations and to optimize your structure for your specific situation and goals. They can provide guidance tailored to your circumstances and jurisdiction to help you make informed decisions.

    • @Everythingonearth23
      @Everythingonearth23 2 месяца назад

      @@RobTetrault thank you for the quick Reply. when u said transfer Dividends , it mean the holding company will be share holder of my operating company ?
      Also if there already 3 shareholder in the family operating the business we add the Holding company for total of 4 share Holders?
      than you so much in advance 🙏🙏🙏

  • @lamonteasterjr
    @lamonteasterjr Год назад +1

    But what if the holding co is a single-member LLC? Doesn’t that mean that you pay tax on profits (on your personal schedule C) regardless where you put it?

    • @RobTetrault
      @RobTetrault  Год назад

      Thanks for watching and it sounds like this relates to tax-filing requirements in the USA. We would recommend checking with a US based tax professional on this.

    • @TheRealBlackula
      @TheRealBlackula 9 месяцев назад

      Yes! UNLESS! Your member is a 501C3 NON-PROFIT! Then there's NO TAX! You're welcome! 🙏

  • @chrismanahan4411
    @chrismanahan4411 4 месяца назад

    And a Holco haven’t passed a condo with a mortgage in it

  • @chrismanahan4411
    @chrismanahan4411 4 месяца назад

    I. Canada