We aren't quite ready to disband but the topic came up. Members would like to divide each stock among the members. Is this reasonable? We would start to make sure the number of shares of each stock is divisible by the number of members. I ...
Fellow bivions, We annual audit the books of our Club with two "Disinterested Partners." With the virus we are doing everything virial ie., Zoom, Go2Mtg. etc. So, how do we do a virtual audit? I am open for suggestions. Larry Reno Director Georgia Chapter of ...
Our club is considering investment in NEXCF (Nextech AR Solutions Corp) which is registered in Canada and is not listed on US Exchanges (OTC only). Over the years I have heard clubs and Bivio representatives caution about investing in OTC foreign registered stocks due to ...
Our club is in its infancy, and we are registered as a general partnership in Texas, a no-state-income-tax state. It was established as a club for family and extended family members but we were skittish about encouraging non-Texas membership, and we currently have no members ...
We have members make a full withdraw from our Investment club and I was wondering at what time do we remove them from Bivio email and access to our Bivio account. Or is there a way they they will only have access to retrieve their ...
How do clubs manage current signatures on their PAs? Ours is out of date and we need one with current signatures to provide for a new broker. I was just wondering how you handle that in your club? If you have to redo all the ...
Ita€(TM)s a California tax https://www.ftb.ca.gov/file/business/types/limited-liability-company/index.html On Tue, Dec 8, 2020 at 11:50 AM Charles L Tatum, II via bivio.com <user* 38654200001@bivio.com > wrote: I was unaware of that.A Is there no provision for investment clubs.A We are not a business.A Other than capital gains taxes ...
Hi Bivions, My name is Charles. I am the (novice) organizer of an investment club formed by family and friends. We are an LLC and we opened our account with TD Ameritrade as an Investment Club. None of us have any experience with investment clubs ...
I appreciate you all for passing on all of your "legwork". Super helpful info Anyone use eTrade? Sent from my iPhone On Dec 7, 2020, at 12:49 PM, relick3@pacbell.net wrote:  Ok more info Sent from my iPhone Begin forwarded message: From: "Daniel Williams via ...
Does anyone have an idea as to why investment clubs seem to have become pariahs to brokerages? Three of the seven brokerages (Folio, Schwab, and Merrill Lynch) listed as being ably to link through AccountSync seem no longer willing to accept new club accounts.
Folio informed clubs today that it is stopping all "self directed" accounts (like club accounts). As of January 13,A your Folio account will automatically be transferred to Interactive Brokers unless you move it somewhere else. Thanks Folio.A Lots of time to prepare and address during ...
Do other clubs still utilize the Quest For Positive Relative Returns? Does bivio still offer this service? If so, how does a club go about having their records updated? Regards, Rick J. Nosky, Treasurer, Tactical Gains Investment Fund
I have read the documents telling us that it is a tax-free spinoff, visited three corporate websites and visited a few other places, but I could not find information telling me how to book the transaction. Has your resident expert arrived at a methodology?
This message was sent securely using Zix (R) The other day you mentioned ETFs and how they may differ in their tax consequences. Not wanting to put any un do burden on our Treasurer at tax time, is there a way that we can find ...