Marylyn, please see the following link:

https://www.bivio.com/trez_talk/mail-thread?p=69429100003

-----Original Message-----
From: club_cafe@bivio.com <club_cafe@bivio.com> On Behalf Of Marilyn
Haldiman via bivio.com
Sent: Thursday, February 17, 2022 3:52 PM
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.