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 ...
Several days ago (late December), as treasurer of our investment club, I paid for the subscription to bivio via my personal credit card. We do not have a cash account for the club. In January, I will pay my credit card bill. Should this transaction ...
Thanks Rob, I'm looking forward to checking it out. Also in passing it on to other clubs I might visit!! Brian Believers Investment Group Original Message Follows From: Robert Nagler Reply-To: "The Club Cafe" To: club_cafe@bivio.com Subject: club_cafe: Getting Started Guide Date: Mon, 23 Dec ...
We released a Getting Started guide: http://www.bivio.com/f/bivio-guide.pdf It's quite large (500KB), so have patience when you click on this link. Even if you are an experienced bivio user, you may still want to take a peek. It's full of tips about how to optimize your ...