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Partnership investing in another partnership
Hi my general partnership has invested in shares of SGU, SGU itself is a partnership and we got the K-1. How do I use the SGU's K-1? Should I enter the details of SGU's K-1 in 1065? How will the club member's K-1 be affected? ...
1 message
Cash Distribution and tax for withdrawn members
Hello, We had couple of members leave the partnership and received cash distribution. The distribution received by each member was greater than the initial investment they made, which means that it was a capital gain. Where should the member report this gain (short-term since partners ...
1 message
club_cafe: Withdrawal questions
In a message dated 3/25/2007 4:01:13 P.M. Eastern Daylight Time, cpapke@mindspring.com writes: We have a member withdrawing next month. Three questions: 1. I understand that we can transfer stock with the signature of one club member, does that member need to have a medallion signature ...
1 message
club_cafe: Wiithdrawal Breakdown
In a message dated 1/18/2007 10:43:36 A.M. Eastern Standard Time, williamsbj@bivio.com writes: I'm in the process of evaluating bivio and myiclub for our clubs online accounting. One neat feature that I like on myiclub that I can't seem to find on bivio is a detail ...
2 messages
club_cafe: First-in, First-out Vs. Specific Selection
Same as for individuals. You get to determine how much capital gain to report for a specific transaction. However, there are rules that need to be followed. You must notify your broker IN ADVANCE which shares you are selling and you must get confirmation from ...
1 message
First-in, First-out Vs. Specific Selection
The following article appeared yesterday in the Business Section of our newspaper: "Often known by its acronym, FIFO, first-in, first-out is how the Internal Revenue Service treats the sale of securities unless you advise them to handle it differently. So, let's say that on every ...
1 message
club_cafe: buying out withdrawing member
In a message dated 3/24/2007 7:30:03 P.M. Eastern Daylight Time, itssuerb@bivio.com writes: We had a member withdraw from the club. Instead of selling stock to pay her out, we decided to buy her shares. All but one of us are spending a set amount and ...
1 message
buying out withdrawing member
We had a member withdraw from the club. Instead of selling stock to pay her out, we decided to buy her shares. All but one of us are spending a set amount and the balance will come from cash in our account. What is the ...
1 message
club_cafe: Waterhouse and Ameritrade
In a message dated 3/22/2007 3:19:18 P.M. Eastern Daylight Time, amigos4@bivio.com writes: A quick follow-up to your most recent posting regarding data feeds and the AccountSync program. You stated: "TD Waterhouse (not Ameritrade, btw) seems to use a different data feed than other companies." Would ...
1 message
Waterhouse and Ameritrade
Cheers, Rob! A quick follow-up to your most recent posting regarding data feeds and the AccountSync program. You stated: "TD Waterhouse (not Ameritrade, btw) seems to use a different data feed than other companies." Would you please amplify your "btw" comment regarding Ameritrade and Waterhouse? ...
1 message
Syncing with TDA - Valuation closing prices are wrong!
The Feb. closing price on our TDA statement was different than that reported by Bivio, even though all other transactions did sync correctly. HOG and UNH both had differences that added up to an over $3 discrepancy. In our previous accounting software we could go ...
2 messages
club authorization code
one of my club members is trying to get on the club site and gets a question for a club authorization code. what is that? Deannie
3 messages
club_cafe: Printing reports on a single page
Rob Nagler <nagler@bivio.biz> wrote: > You can scale the font before going to the report. There's a select > box on the bottom of the page. Should make the text fit better. Tried that. Still too big. I guess we have to sell some stocks ...
2 messages
club_cafe: Printing reports on a single page
> How's it going on YOUR side of town? <G> > Probably the same as on your side of town. Same weather at least > of paper, each. If you click on File|Print Setup. Select Acrobat > Distiller|Layout|Advanced to make sure it's set for 100% ...
2 messages
Printing reports on a single page
Our last treasurer was using Firefox and when he printed to a PDF from that it kept reports on one page. When I print to acrobat to print out a report, it will not fit on one page. I have looked all over the place ...
2 messages