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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Joslin who wrote (1791)	2/1/1999 7:51:00 AM
From: Box-By-The-Riviera™	Respond to of 5810

thanks richard...........a god like explanation of this tax problem..... many thanks Joel

To: Richard Joslin who wrote (1791)	2/1/1999 9:46:00 AM
From: Thomas Stewart	Read Replies (1) \| Respond to of 5810

Anyone: is a contribution of appreciated securities to an investment club (one organized as a partnership) a taxable even such that the unrealized gains become taxable even if the shares are not sold? That was a mouthful. I want to give stock rather than cash to an investment club. For now, the club intends to hold the shares rather than sell them. Is the contribution to the investment club (partnership) a realizable event that requires that tax be paid on the appreciation immediately? Or is the tax due only when the shares are sold by the investment club? Thank you.