We are wondering exactly what the tax laws are with respect to the amount of capital losses that a club can take. Is there a dollar limit per club or does it simply apply the $3000 loss per member? Thanks in advance. Lounge Rat Investment ...
Help! I am the treasurer of a new group and have been inputting our books to bivio and to NAIC Club Accounting. I cannot figure out what date to put into the valuation date field when you enter the members payments. Am I wrong to ...
My brokerage statement lists a reinvestment transaction using multiple line items. For example: IBM DIV $16.26 IBM REINV 0.168 shr @ $96.71 IBM REINV CSH IN LIEU $0.01 Q: Does Bivio handle the cash in lieu automatically if I enter a single transaction IBM REINV ...
As a new club, we are currently educating ourselves on the SSG using the Investors Toolkit. One area that we are struggling with is calculating future high and low prices. In setting up the calculation using Investors Toolkit, the task is to apply judgement to ...
When will we be able to import our version 2.0 .icd data files into bivio? iclubcentral.com is accepting the import in .icd form. Yes, I know that iclub and naic have a working relationship, whereas naic and bivio do not. Regardless, our club is used ...
Our club is moving along nicely for the last 2 years. But now we're facing more decisions about selling (vs. buying at the beginning). Are there any clubs out there who have formalized rules about selling stocks? How about guidelines? We're looking to maybe establish ...
Recently our club had to payout a withdrawing member ,our account on bivio now shows the member with no units in the club but yet under the column 'paid' a sum of money remains.Does this mean we still owe that member a sum of money?
I am looking to join a local investment club. Can anyone, please make any recommendations for people of places I should contact. I live in San Jose, CA and would be willing to travel locally to find and meet with one. Thanking you in advance.
I was encouraged to write pertaining to the support of Relief organizations. The home page for bivio had listed the Red Cross as kind of a main site to support yet the Salvation Army, if you follow its history by those that have received help ...
I have a EIN from the government, but my account at the bank and the broker account is STILL IN MY NAME. How do I get my SHAREBUILDER ACCOUNT IN THE NAME OF THE INVESTMENT CLUB?
Hello!!! My name is Mark R. Carey and I am President of the Profitmax Investor's Club in Conshohocken, Pa. I am proud to announce that memebers of my club have agreed to use a portion of our Cash On Hand funds to donate to the ...
Our club bought 100 MO in 1992 and sold it in 1995. Now, as part of the class action settlement, we have gotten a check for $120. Would we record this under Income as 'return of capital' ? If so, another problem is that these ...