Re: club_cafe: Members that have lost intrest.Our club's by-laws require each member to contribute a minimum of $25 each month. If they miss two months in a row, they are automatically considered to have withdrawn from the club. Kevin Smith Original Message From: The Club Cafe Date: Tuesday, March 12, 2002 ...

Re: Members that have lost intrest.It seems like a natural course of events. Not everyone can maintain their interest. If your partnership agreement indicates they've withdrawn by missing two meeting then they need to be withdrawn in fairness to the partners that remain. Our club has pasted it's ten year ...

How to handle late paymentsI have a question regarding how to handle late member payments. We do have a $10.00 late penalty that is assessed to a member who is more than one week late in making their monthly payment. However, I'm wondering what valuation date to use with ...

Re: club_cafe: Brokerage AccountsBarbara, I can't think of a good reason to maintain two accounts for a small club. As you stated, you will be paying inactivity fees to TDWaterhouse, in addition to any trading fees/commissions at Ameritrade. If you have any problems at Ameritrade, you won't be ...

Re: club_cafe: Write off home CPUYes, 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 ...

Re: club_cafe: Stocks/Industry GroupsBrian, Our club is doing the same thing. We've been experimenting with an industry-study template. I, too, have been frustrated by all the different industry and sub-industry groupings. There are two sources we're deciding between. One is the Value Line breakdown, which just came out ...

Re: club_cafe: Cancellation of Common Stock>>In a response to a question about Exodus Communications, you had mentioned that the stock was cancelled in 2002. Where can you find this information about current or past problem companies? There are several places to look. First, check the company's web site. Often the ...

Transfer of Stock upon WithdrawalHello everyone! We are finally getting the opportunity to transfer stock in lieu of cash for a total withdrawal. I went to the Bivio "demo" club to test out the screens. It allowed me to see the stock transfer screen, but it wouldn't let me ...

WorldcomOur club recently received a letter indicating we would receive nothing for the shares of Worldcom we hold as they emerge from bankrupcy, although I do not believe the bankrupcy has been finalized by the courts. I suspect then we should be able to write ...

Re: Margin AccountI just went through this with Ameritrade. We had to apply for margin. We had to send our bylaws. We had to amend our bylaws to allow margin. We had to resend our bylaws. We had to request checks. We had to re-request checks. Finally ...

Re: club_cafe: Changing treasurers on Buy and Hold.comMy club recently departed buyandhold.com because we were sick of the very poor customer service. Most notably, anytime we requested a check, there was always problems -- the most recent request took 3 MONTHS to finally arrive. So we've switched to BrownCo. THey were extremely ...

Re: Changing treasurers on Buy and Hold.comThanks for the info, I think I will do some research on BrownCo. We have to change treasurers formally b/c BuyandHold requires us to have an Attention To: (Name) on the investment club account. Because of this, all checks come made out to Atlanta Bulls, ...

Closing a Club - Tax Form PrepSad 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 ...

Re: Should I pack a toothbrush?Ellen Gilmartin wrote: > I have had one huge headache looking for a seventeen cent > ($.17) discrepancy between our Bivio records and the our > Broker's numbers. I have gone over it and over it and over > it again with no luck. What ...

New ClubWe started our club 3 months ago, tax year is here & we do not know what to do. 1-We have our 1065 form that we printed from Bivio. As a general partnership is this 1065 and a schedul K-1 copies the only form we ...