Hi everyone,

We  have started a new webpage, “Before You Invest”  which includes a list of investments which may make your club accounting difficult if not impossible to do using bivio.  If you have any questions before you make an investment, check this list.  You can find it on our new library page or you can access it directly using this link:

https://www.bivio.com/hn/investments-Tax-Accounting-REIT-MLP-ETF.html

If your club purchases any of the investments on this list, you may find that you will have to hire an outside tax professional to prepare your yearly partnership returns.

This does not mean these are bad investments, it just means that you need to decide ahead of time whether the gains you receive will be worth the expense or aggravation of complying with any tax issues they bring along with them.

This list is not all inclusive. It will be continually updated. If you have any questions about something that is not here, ask first! We're much happier to check things out for you ahead of time rather than have to inform you at tax time that you have a big headache.

Red flags-If an investment you are looking at has any of the following in it's name you should check with us first.  REIT, Realty, MLP, LP, Partners,Trust

The fact that it has a ticker and trades on a stock exchange does not mean you are OK.

If you know of an investment that should be on this list, let us know.

   Laurie Frederiksen