Lawrencewendall
Full time employment: Posting here.
Received a statement from my IRA Custodian listing a number of Joint Venture Partnerships I invested in years ago. Where do I even begin researching if these still exist? I did go to each listed state's Corporation Division and grabbed screenshots of the company. Most said "Revoked", "Suspended/Forfeited" and one had a "Cease and Desist" from the state.
I looked in opencorporates.com and at sec.gov.
The original custodian changed hands several times. The current custodian want statements to show no value and submit a Fair Market Value" form for each joint venture.
The problem is that the custodian reported the total market value to the IRS (200k) and RMDs will be required on money that doesn't exist.
Any help would be greatly appreciated.
I looked in opencorporates.com and at sec.gov.
The original custodian changed hands several times. The current custodian want statements to show no value and submit a Fair Market Value" form for each joint venture.
The problem is that the custodian reported the total market value to the IRS (200k) and RMDs will be required on money that doesn't exist.
Any help would be greatly appreciated.