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If I am the owner of a trade school, can I defer my salary?

Asked by gentleman2222 (49points) July 17th, 2019

I would like to ask someone who has a strong background in accounting:

I am starting a trade school in the U.S. (organized as an LLC) to train people to become venture capitalists and would like to know to following:

1) Can I get deferred compensation for myself – so that I can plow my salary back into the trade school?

2) Can I not get a salary – but instead, place my salary into an account where I can invest in startups if I want to?

I look forward to your answers!

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