bivio - accounting, reports, taxes, and administration for your investment club
Go to my Club Site

Before You Invest


Before you make an investment, check this list!

These are specific investments which have tax issues that may make your club accounting difficult if not impossible to do using bivio. If your club purchases any of these, you may find that you will have to hire an outside tax professional to prepare your yearly partnership returns.

This does not mean these are bad investments, it just means that you need to decide ahead of time whether the gains you receive will be worth the expense of complying with any tax issues they bring along with them.

This list is not all inclusive. It is continually updated. If you have any questions about something that is not here, ask first! We're much happier to check things out for you ahead of time rather than have to inform you at tax time that you have a big headache.

Red flags-If an investment you are looking at has any of the following in it's name you should check with us first. REIT, Realty, MLP, LP, Partners, Trust

The fact that it has a ticker and trades on a stock exchange does not mean you are OK.

If you know of an investment that should be on this list, let us know.

  • ARLP-Alliance Resources Partners-LP
  • BPL-Buckeye Partners LP
  • DBC-Powershares Commodity Index Tracking Fund
  • DRE-Duke Realty Corporation
  • EEP-Enbridge Energy Partners
  • EPD-Enterprise Products Partners
  • ESS-Essex Property Trust
  • ETE-Energy Transfer Equity LP
  • ETP-Energy Transfer Partners LP
  • FGP-Ferrellgas Partners LP
  • FMO-Fiduciary-Claymore MLP Opportunity
  • FRT-Federal Realty Investment Trust
  • GLD-SPDR Gold Trust
  • HCP-HCP Inc.
  • IYR-iShares Dow Jones US Real Estate (ETF)
  • KIM-Kimco Realty Corporation
  • KMP-Kinder Morgan Energy Partners
  • MMP-Magellan Midstream Partners LP
  • MTP-MLP & Strategic Equity Fund
  • NNN-National Retail Properties Inc.
  • O-Realty Income Corp.
  • OFC-Corporate Properties Trust., Inc.
  • PSR-PowerShares Active US REIT's
  • RWR-SPDR DJ Wilshire REIT
  • SLV-iShares Silver Trust
  • SPH-Suburban Propane Partners LP
  • TCLP-TC Pipelines LP
  • TNCLP-Terra Nitrogen Company LP
  • TYN-Tortoise North American Energy Corp.
  • TYY-Tortoise Energy Capital Corp.
  • UDN-Powershares DB US Dollar Index Bearish Fund
  • UGA-United Gasoline Fund LP
  • UHT-Universal Health Realty Trust
  • UNG-United States Natural Gas Fund, LP
  • USG-United States Oil Fund, LP
  • VNQ-Vanguard REIT ETF
  • WRI-Weingarten Realty Investors
  • WRIT-Washington Real Estate Investment Trust
  list updated 10/4/2010
Back to Library  



Home About bivio Books Getting Started Safe & Private Register Login
Copyright © 1999-2010, bivio Inc. All Rights Reserved. 
Use of this Web site constitutes acceptance of the bivio Terms of Service