EFTA01202493.pdf

From: Richard Joslin To: jeffrey E. <[email protected]>, lawrence delson aa> Subject: Avionetta Date: Wed, 14 May 2014 18:38:00 +0000 Attachments: doc00797020140514132154.pdf I have call with Patrick Fenn on plane set up for Friday at Ilam. Please let me know if you wish to join. As for use tax, during the 6 months that the QI owned the plane, there was an invoice for plane use billed from Rance to N624N Trust. There was deemed/ notional payment and only use tax on the deemed lease payment. Tax was at 7%. TVPEAT Inc is GP of Rance LLC and Rance address on invoice is Concord, MA. Sales/use rate in MA is 6.25%. NJ rate is 7%. Bill issued to Wells Fargo(trustee of N624N Trust. This deemed lease ceased at end of 180 1031 period. Attached is invoice/ loan amount. Ori inal Messa e From: [mailto Sent: Wednesday, May 14, 2014 2:22 PM To: Richard Joslin Subject: Scanner EFTA01202493