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TDAmeritrade
Are there clubs who use TDAmeritrade as their brokerage? We are having issues with them when adding new members to I'm specifically asking for help from a club who has added a new member recently. Every time we add a new member, they change the ...
14 messages
TDAmeritrade
You do not want all members to be authorized to make trades. That creates too much chance for fraud. Only officers should have access to the online account and ability to trade. Linda The Pointe Players Sent from my LG V20, an AT&T 4G LTE ...
1 message
Zero is the new normal [Commissions that is]
These are interesting times we live in! Unless you are a hermit living in a cave on a mountaintop [with no Wi-Fi] you must be aware of the recent announcements by several major Brokerages that they are reducing their commissions for online trades to Zero. ...
9 messages
Concierge Hours QUESTION
The site says $75 an hour for assistance with special accounting issues, with a minimum of 2 hours required. Is the time tracked so that you can only use only 30 minutes at a time and reserve the rest of the time?
2 messages
Maximum Percentage a Partner Is Allowed to Own
Our club has four members. One member's investment is approximately 40% of the value of the club. The three others members have about a 20% investment each. These percentages are allowable in our partnership agreement (We used the agreement from the bivio site. ) From ...
6 messages
Question
Hi, There are 4 members in our club and 2 want to leave. The other two really do not want to close the account, but it will be hard to run a club with only 2 members. As a club, can we sell some of ...
2 messages
Closing bank account on bivio
We would like to know how to correctly show that a bank account has been closed in bivio. We no longer have the bank account but in bivio it shows the bank name and funds. Please advise
4 messages
Voting Rights
What does everyone do with the notices to exercise our right to vote. Does anyone do this and if you do how do you determine which individual to give the club's proxy to.
6 messages
Question about a withdrawal
Currently I am in need to withdraw 20,000 from our club. My investment value is 23,000, but I only paid about 8,000 for it. If I show this as a withdrawal, won't my investment percentage drop to zero, when really the remaining 3,000 is about ...
14 messages
Federal & State Tax Reporting Requirements for Disbanding Clubs
Our club has come to it's logical conclusion.A I've read several of the articles, messages and self help notes about the disbanding process.A I believe I understand the Federal requirements to file a partial return and that can be done on the Bivio site.A However, ...
4 messages
Buying Foreign Stocks
Our club is considering purchasing stock in Canadian company Aurora Cannabis (ACBFF), which is slated to trade on the NYSE as ACB by the end of this month. Our question regards taxes. How does owning foreign stocks complicate our taxes, if at all? Thank you ...
8 messages
20/20 Investment Club disbanding
Good morning Laurie, Our club has decided to disband. We have sold all of our stock and transferred the funds to our bank account. When doing the total withdrawal on each member I noticed it didn't include the cash we had on hand. How do ...
2 messages
Does Your Club Own Celgene?
If your club owns CELG,A you may be aware that they are being bought by Bristol Meyers. There are a couple of issues related to this transaction that you should be aware of as they will affect your club accounting. This will be a taxable ...
29 messages
Quest for Positive Returns
How do I get our club's Quest for Positive Returns updated? I've e-mailed support several times and have not gotten a response. Thanks, Kathy Hazlewood
1 message
DowDupont Split to Dupont de Nemours Inc(DD) and Corteva Inc (CTVA) transaction
a)A I do not yet understand the question. b)A When one talks of "correcting" an imported transaction, one must be careful to reflect accurately the tax nature of the transaction.A If the "correction" does not reflect what TD Ameritrade will show on its 1099, then ...
2 messages