What would you rather do with it? The partner who pays the fee has contributed money to the club and gotten nothing for it. (This is a bit of an oversimplification, but the concept is correct). Ira Smilovitz In a message dated 1/16/2004 12:03:27 AM ...
We have two members that have identical contributions except one paid an extra fee. (Which was entered as a Fee in Bivio.) In the reports, everything is exactly the same except for the IRR of the one who paid the fee is lower, as though ...
Sad to say but our club disbanded this past year and the funds were dispersed and I am now finalizing the Bivio site and doing the tax forms for 2003. My question is: I have shown all other members as withdrawn, and I'm the last ...
Because that's how you have to report it on your tax return. Welcome to the wonderful world of taxation 2003. Ira Smilovitz In a message dated 1/14/2004 9:38:07 PM Eastern Standard Time, lynn@bivio.com writes: Hi everyone! I'm writing our club's annual report, and I'm including ...
Hi everyone! I'm writing our club's annual report, and I'm including our balance sheet. I have two short term capital gains figures on my Bivio report. One is titled "Short Term Capital Gain-Post May 5th." Why is it separated out? Thanks, Lynn Ostrem garbagcop@foxinternet.net www.bivio.com/crowriver
I have a member that has been with the club since conception but until just recently he has encured some financial hardship and has ask to stop his monthly contributions for about 6 months. Up until this point all the members have contributed equal financially ...
We had a desire to see a history of our account valuation over time but found no report that met our need. Searching through the Club Cafe I found that a few other users had also expressed the same need but that Bivio had no ...
Dear Bivio Investment Clubs, Our club's member numbers have been declining as members have struggled financially lately during the past couple years. To attract new members in the past, we have just asked friends/colleagues to join. It seems that we are having a hard time ...
Matt, We made a provision for this event in our Bylaws "If a partner experiences a financial emergency, he/she may be granted a waiver by The Club from making monthly contributions for a period of up to six (6) months. A request for a waiver ...
Try DECREASING the cash amount you record for the dividend by $.65. The data entry screen asks for the net cash deposited in your account -- this should be $5.82. Then you enter the $.65 tax paid in the foreign tax box. Ira Smilovitz In ...
Can someone please help me? I'm trying to record a dividend from Honda Motor Corp of $6.47. That is the total amount that we received. There were also foreign taxes withheld in the amount of .65 cents. I put the transaction in on the dividend ...
I'm trying to do an SSG for an insurance company, but am having trouble making sense of the different insurance terms. Does "premiums earned per share" correspond to sales? Thanks for your help. Judy
You distribute the proceeds any way you want. What you will be doing is asking your members to make partial withdrawals. You can either ask for volunteers or you can take a club vote and allocate the withdrawals in any fashion that is consistent with ...
Unless the NJ Partnership law changes it will become necessary at some future time to sell a portion of our portfolio in order to avoid reaching a $60,000 valuation. In what proportion are the proceeds distributed and is it available through Bivio or is this ...