In a message dated 9/16/2005 4:35:31 P.M. Eastern Daylight Time, ripwest@comcast.net writes: I think when Ira told you to record the stock split as of 9/2 that he didn't know that was not the payment date, merely the date of record for those receiving the ...
My recommendation would be to enter the full dividend (3.5 shares) on 9/2. On 9/15 (or whenever the cash-in-lieu is actually credited to your account), enter a sale of 0.5 shares for the cash-in-lieu amount. This will allow your club to generate the correct valuation ...
Is there a way to change the 'default account' in Bivio? Every time I enter a dividend, the default deposit account is 'suspense' and I'd like to change to the brokerage account. Thanks, Brian
It may take several days for the cash-in-lieu to appear in your account. Ira Smilovitz In a message dated 9/11/2005 10:19:14 P.M. Eastern Daylight Time, kpg625@bivio.com writes: IraS1@aol.com wrote: > A stock dividend of this sort is a split. A 5% stock dividend is a ...
I wouldn't sell any winners unless the sale made sense from an investment quality perspective. That is, you had decided to sell the company for reasons other than taxes. Any net loss at the end of the year will pass-through to the partners. They will ...
In a message dated 9/10/2005 2:38:31 P.M. Eastern Daylight Time, kpg625@bivio.com writes: this is new to me -- but HNBC (Harleysville National Bank) had a 5% stock dividend on 9/2/05. I know how to enter a cash dividend. But how do I enter a stock ...
We sold stock with a long term capital loss of $1500.00. (ouch!) Should we sell a winner to offset that loss or won't it matter since the club is a pass thru and that loss will go to the members to use on their personal ...
this is new to me -- but HNBC (Harleysville National Bank) had a 5% stock dividend on 9/2/05. I know how to enter a cash dividend. But how do I enter a stock dividend? We got 3 more shares on top of the 70 shares ...
>>Hi Ira, >>After registering the club in VA, basically, the club has to file a NY State return only for NY resident members. >>For VA and NJ resident members, the club does not file anything for their States. >>Am I correct? I hope that I ...
In a message dated 8/28/2005 8:16:02 P.M. Eastern Daylight Time, pac_man@bivio.com writes: Thank you for your answers to my questions! I will register the club in VA. I want to make sure that I understand. So, I will try to summarize: 1> for New York, ...
>>I have members who will join the club from VA, NJ, and NY. >>I read in the "Investment Club for Dummies" book that NY and Missouri requires annual filing of tax along with registering the club, more restrictive than other states. This book recommends to ...
Hi, I have members who will join the club from VA, NJ, and NY. I read in the "Investment Club for Dummies" book that NY and Missouri requires annual filing of tax along with registering the club, more restrictive than other states. This book recommends ...
Hi, I have a question on General Partnership's item #6: "6. Capital Contributions. The partners may make capital contributions to the partnership on the date of each periodic meeting in such amounts as the partnership shall determine; provided, however, that no partner's capital account shall ...
Hi, I am trying the demo account and it will expire in November, 2005. I like what bivio provides for my investment club. I did not sign up (not paid $69) yet though because I want to sign up in January of 2006. Will my ...
Absolutely not! That creates a taxable transaction for the withdrawing spouse where one doesn't exist. Ira Smilovitz In a message dated 8/23/2005 2:28:55 P.M. Eastern Daylight Time, llawshe@bivio.com writes: Seems as if all you have to do is withdraw fully one of the members and ...