We use Schwab and realized that when we sell stock in our club to give a withdrawing (deceased) member his percentage in cash; the total membership has to pay the capital gains tax!A Our club is made up of "ROMEO's" and have been around for ...
Since Schwab does not allow a club to disperse stock to individualA members who are leaving; we have sold stock.A That means theA whole membership has to pay capital gains for the stock being sold. Or is my senior mind not "understanding"? Thanks Dan Cohn ...
Our club just recently invested in an early start up where our investment will be split between all 4 members - 25% each. We are interested in learning how is the best way to reflect that initial investment in Bivio. It will be a long ...
Hello Becky, My club is also disbanding.A I just sold all the stocks and have received the dividends declared. I see that you initiated a partial year tax software to Stephanie.A Would appreciate if you can do the same for my club as well.A I ...
Looking for information regarding brokerage accounts. We have used TDAmeritrade for a while with good support and services. They are moving our account to Schwab. Schwab does not allow payments to be distributed to anyone other than the investment club, requiring a separate account at ...
ETrade merged with Morgan Stanley and switched our brokerage account over today. We got a new account number. OUR BIVIO SYNC IS BROKEN! Our transactions are still happening OK in the new Morgan Stanley account, but nothing is syncing to BIVIO. Anyone else stuck or ...
ETrade merged with Morgan Stanley and switched out brokerage account over today. We got a new account number. OUR BIVIO SYNC IS BROKEN! Our transactions are still happening OK in the new Morgan Stanley account, but nothing is syncing. Anyone else stuck or know how ...
The non-monthly treasurer tasks video show a member withdrawal process where a transfer valuation date separate from the member valuation date is used for a stock/cash withdrawal. I was counting on this to process a legacy withdrawal (we have subsequently adopted a simplified withdrawal process), ...
Is Bivio planning to add acccountsync for Siebert Financial? Our understanding is that they LIKE investment clubs. Bob Mann Lunch Money Investment Club
Treasurer Penny Perkins of Poors Pupils Investment Club, suddenly cannot contact bivio. She knows not why. Please contact her. perkinspen@gmail.com or perkinspip@me.com 2265 Atlee Ct. Columbus, OH 43220 614-579-9186. She is available Thurs 8/10 in the morning or all day on Friday 8/11. This is ...
Thanks. From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of Melinda Speak via bivio.com <user*30643000001@bivio.com> Date: Monday, July 24, 2023 at 2:05 PM To: club_cafe@bivio.com <club_cafe@bivio.com> Subject: Re: [club_cafe] ACH Transfer from Personal Bank Account to Investment Club Fidelity Brokerage Account WARNING: This message has originated from an ...