In a message dated 1/24/2006 9:44:20 A.M. Eastern Standard Time, nagler@bivio.biz writes: Again, do not release your K1s until you have audited the numbers in your books with what the brokers are reporting on your 1099s. It has been our experience that brokers miscategorize many ...
While going through the Bivio tax interview the option of filing Form 8893 was presented (I'm in a club with 10 members, so we apparently qualify as a "small partnership"). Bivio recommends filing form 8893, but I'm curious as to what the difference would be ...
My name is Earl Johnson, and I'm interested in joining an investment club in the Greater Washington, DC area. I'm a contractor on a long-term assignment with a federal agency near L'Enfant Plaza, but I live in Capitol Hill. Are there any clubs in the ...
I am looking to join a club or help create a new club in the northern suburbs of the Twin Cities area. If any one is interested please contact me at hrotach@yahoo.com
In a message dated 1/16/2006 12:46:30 A.M. Eastern Standard Time, joeydag@bivio.com writes: I had a member withdraw this year. His account on the valuation date was worth 21276.57. We charge a 3% fee to withdraw and the software calculated the fee to be 658.04. But ...
I had a member withdraw this year. His account on the valuation date was worth 21276.57. We charge a 3% fee to withdraw and the software calculated the fee to be 658.04. But 658.04 is not 3% of 21276.57. What could have gone wrong?
Hi, Is there a member limit on how many people could join an investment club? What is considered as a manageable member number for a club? Currently, I have about 10 people who are interested joining a club. thanks! richard
In a message dated 1/12/2006 12:23:27 P.M. Eastern Standard Time, jimt@bivio.com writes: I'm not sure I know the right answer here, but I thought I'd try to provide a bit more context for the suggestion. > Our club uses the first of the month > ...
Our club uses the first of the month for its valuation. The performance benchmarking tool uses the transaction date. Due to this difference in dates, the benchmarking tool is giving us invalid results. Is it possible to change the date used by the benchmarking tool? ...
In a message dated 1/10/2006 1:19:48 P.M. Eastern Standard Time, jane_smith@bivio.com writes: First time for a partial withdrawal request. Is there a best way to do this?We are thinking of selling some stocks and then paying the member, charging them commission fees. Will this make ...
First time for a partial withdrawal request. Is there a best way to do this?We are thinking of selling some stocks and then paying the member, charging them commission fees. Will this make a difference to our tax situation? Is there a better way to ...
Here's a tentative workaround, but you may have to change things. Assuming your club did NOT make any charitable contributions during 2005 and the backup withholding took place in 2005: Enter the backup withholding as a charitable contribution to a 50% organization. This will segregate ...
In a message dated 1/5/2006 2:56:32 P.M. Eastern Standard Time, biegelboy@bivio.com writes: Sorry I didn't see your posting, when I posting that. I was commenting on the posting that adviced to get a broker who allows AccountSync. But I do have a few more questions: ...