Hello all, After 22 years, our club is disbanding. We've sold all the shares and I will be distributing the money by the end of the year to make a nice clean tax season. My question is, our Bivio subscription is up on 1/21/2020. Do ...
I know this has been covered in the past. This is the first time in my 18 years of being in a club where we have had a death of a member. I know to pay the amount to "the estate of the member". But ...
Our club has a husband and wife who are separate members. One spouse wants to transfer all units to the other spouse. In effect this would be gifting the units. How would this be done in club accounting?
Hi all, I am a frequently reader but rarely post. Our club is 22 years old and is on a downward spiral. I thought we were going to disband at our last meeting but everyone wants to "let it ride." This means, they want to ...
Hello Bivio Cafe.A I would like to start a thread on online vs face to face clubs. We have a small (<20) member club of seniors. We meet monthly in a senior center. The club is not limited to seniors but is limited to members ...
I'll continue the discussion of stock withdrawals here. As Jack mentioned,A transferring stock in partial withdrawals is not recommended.A The tax rules are different than they are for transfers in full withdrawals where such transfers can provide positive tax benefits. However,A all stock transfers are ...
Sent from my LG V20, an AT&T 4G LTE smartphone Original message From: wiltse@optonline.net Date: Fri, Nov 8, 2019 5:56 PM To: Karen Wilson via bivio.com ; Cc: Subject: Re: [club_cafe] Member wanting to take cash out Go to withdraw member and specify partial withdrawal ...
For a partial withdrawal the tax implications are much more complex than in a full withdrawal. The recommendation for partial withdrawals is CASH ONLY. Charles Bard From: club_cafe@bivio.com <club_cafe@bivio.com> On Behalf Of cindy gerke via bivio.com Sent: Friday, November 8, 2019 8:21 PM To: club_cafe@bivio.com ...
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 ...
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 ...
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. ...