We have several members related to other members, but not to all the members. At most there may be 3 members related to each other. The tax returns shows all the those members as owning over 80% of the club as though they all have ...
I am thinking about moving our account to Fidelity Investments. Can those of you that use them weigh in with pros, cons, problems? I appreciate it, thanks, Carole.
I'm going over our clubs 1065 form (generated from Bivio) now. Pages 4 and 5 are totally blank. We are a brand new club, and we made a whopping .34 cents this year! Is it incorrect that the .34 cents is not reported on the ...
OUr club received a form 571-L in the mail today. The form is from the Assessor-Recorder's office in the city of San Francisco, and it is titled 'Business and Property Statement City and County of San Francisco' Essentially, it seems to be asking for the ...
I have tried to find articles relating to not letting any industry or sector become more than of portfolio. We seem to remember about 20%, and I think that it is also suggested that no one member own more than 20% also. Was unable to ...
I have tried to find articles relating to not letting any industry or sector become more than of portfolio. We seem to remember about 20%, and I think that it is also suggested that no one member own more than 20% also. Was unable to ...
Good morning everyone, I've just been reading another article in Smart Money magazine (March 2010 issue) which is touting the benefits of investing in MLP's. MLP's are Master Limited Partnerships. The article makes interesting points about the returns you might achieve but I feel that ...
Was there a final answer on whether this merger was an 2009 or a 2010 event? What is the harm if we just change the date, in Bivio, to the 4th as per our broker so that it matches with their statement? Signed, Impatient treasurer
For one part of our club's audit this year, our committee reviewed the report showing member contributions and withdrawals for the year. One member had paid for our Bivio subscription with a check of $99. Once the check was in the mail, I entered the ...
Good morning everyone, I know some of you have family clubs or have thought about starting family clubs and have had questions about tax consequences for the minors in your clubs. Here is a nice overview by the IRS of the rules pertaining to the ...
It's almost 9:00 p.m. CST on 2/23/2010 (Tuesday), and the reports are still showing "as of 2/22/2010" (Monday). Don't they usually update earlier than this every day? Hoping they update soon, so I can print for our meeting tomorrow.
Greetings, I'm not sure if this has come up before, but instead of a member withdrawing, is it possible for another member to take over their shares? In other words, one member will not have two spots in the club. Can we do this? In ...