DRE will be paying a dividend on 11/28. If you still owned IR as of the market close on 11/18, it will pay a dividend on 12/2. PAYX paid its dividend on 11/15. MO should go ex-dividend in mid-December. You can enter the DRE (and ...
No. You would have had to own it at the close of the market on 11/18. Ira Smilovitz In a message dated 11/20/02 7:04:55 PM Eastern Standard Time, minesman@bivio.com writes: Thanks Ira. One last one. The IR shares were sold the morning of 11/18 (aapprox ...
Our ckub has decided to disband effective 11/15. I am in the process of liquidating the portfolio. This should be complete by months end. Will I be able to print K-1's this year for 2002 activity or will I have to wait until January? I ...
I can't speak for bivio's schedule for releasing the tax software, but I wouldn't expect it much, if any, before December 31. In any event, that is irrelevant because if your club disbands in November, you have until 3/17/03 to file your final 1065. I'm ...
I couldn't agree with Lynn more. Original Message From: Garbagecop [mailto:garbagecop@foxinternet.net] Sent: Monday, November 18, 2002 10:01 PM To: The Club Cafe Subject: Re: club_cafe: New Club Looking to start Brandon, Please don't start an investment club. This is not the vehicle you are looking ...
Any clubs out there out there who would be intrested in having a multi club meeting. We are all after the same thing, profits. Why not get together and share ideas on stocks, accounting, and ideas in general. Please E-mail, Kevin Duffy ( In the ...
Based on the disclaimer at the bottom of your note - you certainly don't need any additional legal advice. In all seriousness, internal control is important for investment clubs. We have different members who are able to> sign checks, make trades and deposit money. Broker ...
There are lots of legal issues associated with investing money for others, the main one being - what happens when you lose money? Anyway, you'd need to meet with an attorney to determine things like structure and registration requirements. A club is able to remain ...
Right off the bat you have a problem: a club doesn't involve people giving you their money to invest. A club is managed by ALL the partners. What you are suggesting is simply a form of hedge fund. In that case, your first step would ...
I would keep the records for at least four years after the due date of the club's final tax return, possibly longer. My logic is as follows: Generally the IRS has three years to audit a return starting from the latter of the due date ...
Once a club disbands, how long should the club info (financial records etc) be retained? are their IRS requirements/rules that must be followed? Thanks in advance.
Hello all, Our club has decided to more actively manage our account. We originally were very buy-and-hold oriented, but decided that we would set stop-loss order limits on all our stocks. We also agreed to begin selling portions of our well-performing stocks, so we wouldn't ...
I'm not an accountant but serve as Treasurer of our investment club. (Thank goodness for Bivio!) I'd appreciate some help/advice. Our club had a member terminate in October. I ran both a Member Summary Report and a Member Performance Report (to double-check her market value ...
I am considering ask my Investment club to purchase DRIPS. How can you track DRIPS? We use AccountSync which is linked to our brokage account but how do you track DRIPS using Bivio and how do you enter dividends that gets re-invested?