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Audit
I'm getting ready for the audit. Usually I work with two of our members and have all the paperwork ready for them. Not sure how to do this in the era of Zoom meetings. Any suggestions? Kim Potter BI Brighton
10 messages
New York - Tax Return Filing Requirement
My club (formed as an LLC) is domiciled in Colorado, however one of the members is a NY resident. Is the club required to file a NY Partnership Return?
4 messages
Changing Email Address
YouA can follow these instructions to change your email address in bivio: Changing Your Email Address If you have any issues when you try and follow them,A send your request to support@bivio.com and we can help you work through your specific problems. Laurie Frederiksen Invest ...
1 message
Insurance for treasurer?
I'm going to be a treasurer for my club, responsible for over half a million dollars. Would you recommend the club taking a bonded insurance policy for the treasurer and assistant treasurer? If yes, can you make suggestions on how to go about doing so. ...
10 messages
When is FIFO not FIFO
If you own multiple lots of a stock and don't sell all of it at one time, you need to tell the broker which shares to sell.A Usually you do this by specifying a default lot selection method with the broker.A Since lot selection is ...
2 messages
Need help dissolving a group
Hello, Cindy Relick here from ChickPicks. I'm the newly elected treasurer and we are looking to dissolve our group. I know we can 1. transfer stock to each member or 2. cash out everything and cut checks to the group My concern is that we ...
5 messages
Honolulu, HI club to join
I moved to Hawaii and although I approached NAIC I haven't had much luck with them helping me locate a club. Was in my previous club for 23 years. Have interest in options as well as stocks. Please contact Doug at (808) 395-6462 and/ or ...
2 messages
Bivio Subscription Reimbursement - Allocation
Club's first year and I paid for our annual subscription with my personal credit card and I was reimbursed with club units. Because I paid the entire expense, do I allocate this entire expense to me or does it get allocated proportionally? Any help much ...
3 messages
Annualized IRR
Hello All, Any help explaining AIRR would be greatly appreciated. We own a stock that has increased significantly in value, but the AIRR shown in Bivio (757.8%) doesn't seem right. I need a straight forward, unobtuseA way of explaining it to my group.A The explanation ...
13 messages
Arizona Requirement to File Ptrshp Return Electronically; Waiver Request
This message is directed to members of clubs based in Arizona. Starting this year, the Arizona Department of Revenue (ADOR) requires partnership returns to be filed electronically unless the ADOR director grants a waiver. The waiver request form (number 292) can be found on the ...
9 messages
Transferring holdings from one person to another
Hi, we have a situation, we're one of the members passed away and we want to transfer her position to her son. What is the best way to achieve this transfer. I'm looking for the advice of this community and greatly appreciated. Regards, Alessandro
11 messages
W9 Question
How does an investment club (general partnership) complete section 4 of a W9 when requested by a broker in support of a new broker account for the club? Section 4 applies to exemption from backup withholding and/or FACTA reporting. Exempt payee code (if any)A ? ...
7 messages
Membership/Partner information forms
Just wondering does anyone have a standard membership/partner registration or information form for when a member joins the Club? Our Club is 20+ years old and haven't had any new partners for several years.. Now we have a couple of perspective new partners. Is there ...
14 messages
family investment clubs
I've been thinking about starting a family investment club - my husband and me plus our 3 kids and two of their spouses. It would be 3 to 7 adults - at least to start. Most with no investing experience except their work 401Ks. I ...
6 messages
New Prospective Club Member - Invite Email
Started my club last year, looking to send an email / letter to friends/family about an opportunity for them to join. Do any current clubs have sample email / letter for prospective new member. Any info / advice much appreciated. Thanks, Mike
2 messages