I am looking to join a club or help create a new club in the northern suburbs of the Twin Cities area. If any one is interested please contact me at hrotach@yahoo.com
In a message dated 1/16/2006 12:46:30 A.M. Eastern Standard Time, joeydag@bivio.com writes: I had a member withdraw this year. His account on the valuation date was worth 21276.57. We charge a 3% fee to withdraw and the software calculated the fee to be 658.04. But ...
I had a member withdraw this year. His account on the valuation date was worth 21276.57. We charge a 3% fee to withdraw and the software calculated the fee to be 658.04. But 658.04 is not 3% of 21276.57. What could have gone wrong?
Hi, Is there a member limit on how many people could join an investment club? What is considered as a manageable member number for a club? Currently, I have about 10 people who are interested joining a club. thanks! richard
In a message dated 1/12/2006 12:23:27 P.M. Eastern Standard Time, jimt@bivio.com writes: I'm not sure I know the right answer here, but I thought I'd try to provide a bit more context for the suggestion. > Our club uses the first of the month > ...
Our club uses the first of the month for its valuation. The performance benchmarking tool uses the transaction date. Due to this difference in dates, the benchmarking tool is giving us invalid results. Is it possible to change the date used by the benchmarking tool? ...
In a message dated 1/10/2006 1:19:48 P.M. Eastern Standard Time, jane_smith@bivio.com writes: First time for a partial withdrawal request. Is there a best way to do this?We are thinking of selling some stocks and then paying the member, charging them commission fees. Will this make ...
First time for a partial withdrawal request. Is there a best way to do this?We are thinking of selling some stocks and then paying the member, charging them commission fees. Will this make a difference to our tax situation? Is there a better way to ...
Here's a tentative workaround, but you may have to change things. Assuming your club did NOT make any charitable contributions during 2005 and the backup withholding took place in 2005: Enter the backup withholding as a charitable contribution to a 50% organization. This will segregate ...
In a message dated 1/5/2006 2:56:32 P.M. Eastern Standard Time, biegelboy@bivio.com writes: Sorry I didn't see your posting, when I posting that. I was commenting on the posting that adviced to get a broker who allows AccountSync. But I do have a few more questions: ...
KRB merged with BAC, on 01/03/2006. Not only did shareholders get 0.5009 for every share of KRB, they also received $4.125 in cash for each share held as well. My question is this: How do I enter the CASH received in BIVIO? Do I discount ...
>>KRB merged with BAC, on 01/03/2006. Not only did shareholders get 0.5009 for every share of KRB, they also received $4.125 in cash for each share held as well. >>My question is this: How do I enter the CASH received in BIVIO? >>Do I discount ...
It's highly unlikely that the IRS will bother the club for $22 in interest if that's the only 2006 income reported to it via 1099 series documents. If you're still in contact with the members of your club, I would suggest having a check issued ...
Strict interpretation of the tax code would indicate that you have to file 2006. However, if the amount is small enough, there are ways to work around this. How much money is involved? Ira Smilovitz In a message dated 1/4/2006 1:10:41 P.M. Eastern Standard Time, ...