Dissolving an Investment Club
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Dissolving an Investment Club Thanks for the input - I'll bring up that idea to the members. ----- Original Message ----- From: John Rice <rice.j1969@att.net> To: club cafe <club_cafe@bivio.com> Sent: Wed, 22 Mar 2017 11:16:18 -0400 (EDT) Subject: Re: [club_cafe] Dissolving an Investment Club Don't sell all of your stocks. Have each member open a broker account if they don't have one and transfer shares of stock. Sell enough stock to have enough cash to pay the members the residual amount owed to them. When the members receive their stock they have the decision on whether to sell them themselves or keep them. John Rice On Wednesday, March 22, 2017 7:23 AM, Claudia Wood <cw8choc@mchsi.com> wrote: Our small club has decided it's time to disband. I just renewed our Bivio subscription so that I can have it for doing 2017 tax returns & K-1 forms. dissolving our club? We're a partnership and I'm not sure the best way to end the partnership. members as we sell all of our stocks? Also, here are instructions from the help section in Bivio for disbanding a club. On Wednesday, March 22, 2017 8:56 AM, "cw8choc@mchsi.com" <cw8choc@mchsi.com> wrote: Thanks for the input - I'll bring up that idea to the members. ----- Original Message ----- From: John Rice <rice.j1969@att.net> To: club cafe <club_cafe@bivio.com> Sent: Wed, 22 Mar 2017 11:16:18 -0400 (EDT) Subject: Re: [club_cafe] Dissolving an Investment Club Don't sell all of your stocks. Have each member open a broker account if they don't have one and transfer shares of stock. Sell enough stock to have enough cash to pay the members the residual amount owed to them. When the members receive their stock they have the decision on whether to sell them themselves or keep them. John Rice On Wednesday, March 22, 2017 7:23 AM, Claudia Wood <cw8choc@mchsi.com> wrote: Our small club has decided it's time to disband. I just renewed our Bivio subscription so that I can have it for doing 2017 tax returns & K-1 forms. dissolving our club? We're a partnership and I'm not sure the best way to end the partnership. members as we sell all of our stocks?
We are going through this now. How do you distribute shares of stock to each person according to their valuation in the club? Do they receive their percentage of each stock according to their member valuation? Is there a method in the bivio software? We are going through this now. How do you distribute shares of stock to each person according to their valuation in the club? Do they receive their percentage of each stock according to their member valuation? Is there a method in the bivio software? Susan, Go to bivio help Scroll down to disbanding you investment club Follow the steps You are done Bob Shaw > On Jul 9, 2017, at 9:43 PM, Susan J Mueller via bivio.com <user*15197400001@bivio.com> wrote: > > We are going through this now. How do you distribute shares > of stock to each person according to their valuation in the > club? Do they receive their percentage of each stock > according to their member valuation? Is there a method in > the bivio software? |
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