Dissolving an Investment Club

cw8choc on

Thank you for this idea. I was thinking this might be a good way to approach it, before deciding whether to sell any stocks.

----- Original Message -----
From: Linda Glein <linda.glein@gmail.com>
To: club cafe <club_cafe@bivio.com>
Sent: Wed, 22 Mar 2017 14:45:48 -0400 (EDT)
Subject: Re: [club_cafe] Dissolving an Investment Club

My two cents worth:

Calculate your projected realized gains if you were to sell all of your stocks. Then figure out how much that is per member.

Only go through the exercise of requiring everyone to open a brokerage account and transferring stocks if the gain is more than each of your members wants to realize in a single year (specifically this year)

Linda

On Wed, Mar 22, 2017 at 7:23 AM, Claudia Wood <cw8choc@mchsi.com> wrote:

Our small club has decided it's time to disband. I just

renewed our Bivio subscription so that I can have it for

doing 2017 tax returns & K-1 forms.

Does anyone have any advice on regulations regarding

dissolving our club? We're a partnership and I'm not sure

the best way to end the partnership.

What are the possible tax implications to the individual

members as we sell all of our stocks?

Thanks for any advice you can give me.

Mail