I have been a member of our investment club since its
formation in 1991 and, due to some withdrawals, I have been
unable to contribute because my percentage of ownership is
significantly over 25% (as stated by our Partnership
agreement). I'm not interested in a full withdrawal, but
would consider a partial withdrawal of transferred stock.
What are the ramifications for the club and for my tax
position if I would do this?

Thank you.

There is a whole discussion about the pros and cons (no pros; all cons) of
transferring stock for a partial withdrawal on the bivio help page. Look
under "Withdrawals, Cash versus Stock, Partial Withdrawal"

If you want to make a partial withdrawal just so you can resume making
contributions, what is the point. Given time, your percentage of ownership
will come down as other members make new contributions.


-----Original Message-----
From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Marilyn
Haldiman via bivio.com
Sent: Thursday, 17 February, 2022 15:52
To: club_cafe@bivio.com
Subject: [club_cafe] Partial withdrawal for long-term member

I have been a member of our investment club since its
formation in 1991 and, due to some withdrawals, I have been
unable to contribute because my percentage of ownership is
significantly over 25% (as stated by our Partnership
agreement). I'm not interested in a full withdrawal, but
would consider a partial withdrawal of transferred stock.
What are the ramifications for the club and for my tax
position if I would do this?

Thank you.