Hi, Is there anyone using account from Datek? How do people prepare their schedule D? I understand that Quicken has a feature that will allow the user to download their account over the web. I tried but my id and password was not recognized. Has ...
As some of you already know, our 2002 tax software has been available since the weekend. I apologize for the delay in submitting this message. Please remember to reconcile your books with your 1099s, which should arrive from your brokers and banks by the end ...
Buy and Hold offer a great service, works with Bivio account sync, and has I believe 3 plans in which you can trade ($6.99, $14, & $19). Brian Believers Investment Group P.S. They do have a true DRiP. Original Message Follows From: Jean Leeson Reply-To: ...
Our club switched from Waterhouse to Ameritrade. I was told that they did dividend reinvesting but found out too late that they only do it if dividends total a whole share, not fractions. Any input on other discount brokers that do dividend reinvesting?
Yes, you can, but it may not be worth the effort. First, a computer is considered "listed property" so your deduction is limited and spread over several years. Second, you can only deduct a fraction of the cost which is equal to the fraction of ...
We have three members withdrawing as of 12/31/02 which will be their withdrawal valuation date. Does it matter if I run the taxes before doing the withdrawal reports? Or should I run the withdrawals before the taxes? Does the fact that I need to do ...
William, That's right. But better than my response, take a look at bivio's help section at http://www.bivio.com/hp/out-of-pocket-expenses.html It is a more complete explanation of the concepts and consequences involved, as well as a step-by-step procedure. Ira Smilovitz In a message dated 12/28/02 2:19:06 AM Eastern ...
I disagree with the response given below and argue that the expense is most likely correctly posted in January. The determining factor is whether or not the expense occurred before or after the December meeting. The respondent is correct in his (her?) statement that a ...
Will Bivio have everything set up so the clubs using account-sync can run their tax returns as soon as the last brokerage transaction clears ??? Arthur Klages
Rob, Another case where RT(F)M goes a long way! <vbg> Ira Smilovitz In a message dated 12/27/02 8:40:54 AM Eastern Standard Time, nagler@bivio.biz writes: Ira Smilovitz writes: >Rip reminded me that as long as the debt (for the annual >fee) is paid with "value", the ...
We are hitting an issue in our club that I'm not sure how to address and would like some input. We started our club 2 years ago with 10 members. Through attrition due to lack of interest and the lagging economy, even with new members, ...
Great reply Ira, you beat me to the punch on this one. Its the same way inwhich I'm recommending our group to change too. Brian Believers Investment Group Original Message Follows From: IraS1@aol.com Reply-To: "The Club Cafe" To: club_cafe@bivio.com Subject: Re: club_cafe: Investment limit question ...
Bob, While the 20% rule makes a lot of sense, your situation is one where it does not. When you only have 6 members, it can be very difficult to keep everyone below 20%. If one of your members withdraws, it will be impossible (unless ...
I was wondering what happens to the unrealized/gains or losses when a member withdraws. Lets say member 1 invested $100 in my investment club and wanted to withdraw all their funds when his/her total value is worth $50 all of which is unrealized(no interest or ...