Our club pays withdrawing members in cash. The idea of paying them with stock seemed odd and cumbersome, and I wondered why anyone would bother. Rip West enlightened me with a comment he made in a recent discussion here. Selling stock to pay the withdrawing ...
I read somewhere in this forum that the state of Illinois does not require partnerships of investment club to file the IL-1065. Is this still true for the current 2006 year return ?? Any help in this will be appreciated.
We recently reinvested a dividend for CNI. The dividend purchased an additional .136 shares. Although the broker did not charge a commission for the reinvested amount, a $.03 commission fee appears on our bivio transaction ledger. Where did the $.03 fee come from (if not ...
How do I keep my Bivio account from automatically posting the monthly dues when they haven't paid?/// I look into the members account and see that money was depostited when I know for sure they did not pay me that month Help please Freddie G.. ...
We always tried to avoid having new members buy in with a large lump sum. I would think buying in with equal monthly funding would avoid the severe problem of buying a large amount of unrealized gain and put the new member at the same ...
I ran the Transaction Ledger for the year. During the year we had 5 members withdraw. On the last page of the Transaction Ledger, I understand the (Gain)/loss in the Member column of each of the five members. What I don't understand is the last ...
You can now generate your 2006 IRS 1065 and K1s. Go to the Accounting section of your Club Site and then go to the Taxes sub-section to complete the simple tax interview. California state taxes will be available next week. The forms appear in the ...
> (1) Let's say a new member joins in January and invests. > The club member then resigns in July. Excess cash is used > to redeem the partner - nothing is sold. Then a capital > gain is realized later in the year. Under ...
Saw awhile back some report requests. Do not know how hard this would be but I would like to see a report that shows the actual return of a stock. Meaning, if i buy PFE at say $30 and receive dividends over a year, but ...
In a message dated 1/29/2007 4:02:13 P.M. Eastern Standard Time, nycpartners@bivio.com writes: Can anyone recommend where I can get more information regarding time-based accounting? I have read info on the following link - http://www.bivio.com/hp/tax-allocation-methods.html - but I am trying to figure out the accounting treatment ...
Good afternoon - Can anyone recommend where I can get more information regarding time-based accounting? I have read info on the following link - http://www.bivio.com/hp/tax-allocation-methods.html - but I am trying to figure out the accounting treatment for certain scenarios: (1) Let's say a new member ...
I had to eat crow in Reno. In the cybercafe I dragged over a a couple of tentative volunteers to take a look at stockfundas. The ladies did not mince words. It was a wake up call that the site needed to be a lot ...
My club just moved from club accounting to Bivio this year. In prior years, I had to back out royalty payments we received from Cross Timbers Royalty Trust in order to print the K-1s because CA3 didn't handle them. Our account is off by 4.64 ...
In a message dated 1/27/2007 4:33:44 P.M. Eastern Standard Time, jpatoconnell@bivio.com writes: Hello. I trying out the 90 trial and don't see where Bivio does state tax returns like NOCA. Do you all know if this is an option? No, bivio does not do state ...