EFTA02053900.pdf

To: Erin Avne rom: Sent on 016 2:47:56 AM Subject: RE: 2015 taxes Account ending in 3886 is good for 2016 also Mangrove I am an investor but I do not believe materially I and a limited partner as just an investor EsTRADE 9004 and Scottrade closed down First Republic less than n $10.. interest income so no 1099 $2',533 is the correct RJE taxes for 120 oak . We own 120 oak as a rental home. We lived there for 10 years before moving to 159 Oenoke Ridge. We kept 120 Oak as an investment property. We have our tenant pay rent to Redhawk not to us personally for liability reasons. Redhawk loaned cash to both Belpoint and IJ group at 5% interest rate. They are not distributions of any kind. Yes it is interest income. Redhawk loaned additional capital to IJ for the purchase of a commercial real estate investment. in Norwalk Ct. Blue Knight and invicta we are no longer investors. and I both invested $5,500 in out Ira's for 2015 get the Chet number for you. EFTA_R1_00594273 EFTA02053900  I will revist all questions tomorrow but I think I have answered many of them. Ike From: Erin Avnet Se • April 14, 2016 11:39 AM To Cc: Robert Siegel Subject: 2015 taxes I've reviewed your tax return for extension and have the following open items/questions (I know some of these can wait until after 4/18, so I will highlight the ones I need now): • Please confirm for any payments duVrefunds we should hie bank account endifigMrils' account info was in 2014). • Do you materially participate in Mangrove? • Please confirm you incurred qualified medical expenses of at least 52,090. (you took HSA distribution of this amount in 2015) • Missing interest income from First Republic Bank (2014: $32). EFTA_R1_00594274 EFTA02053901 • Missing 1099 from Etradc (9004) and Scottrade (4452). • Confirm total Rif taxes paid (excluding 120 Oak St). I only have the $21,533. For 2014 there were additional amounts entered. Do you have a second home? • Need beginning and ending balance for Bank\vetl mortgage. (For extension, I can assume similar deductibleamount as 2014, which was roughly $26K) • Missing K- I s: • Blueknight • Invicta • Redhawk: o Do you have an operating agreement? o It is only you and Leslie 50/50? SO 'no partnership return gets filed? o Confirm only assets in Redhawk are the IJ Group andarentals. o Your excel schedule has "interest income-Belpoint" and "interest income-IJ Group". Please explain. Are these possibly cash distributions from LI Group? (Belpoint-$7,292; IJ Group-$43,558) o Arc the IJ Group amounts really interest income? This would be a huge jump from the prior year. (2014: $5,139). • Need CH ET account number. • Did you and Leslie (or will you by 4/18/16) both make a nondeductible traditional IRA contribution of $5,500? • Did you pay childcare costs faduring 2015 so you and Leslie could work? (any after school programs or summer day camp?) Thanks, Erin ERIN AVNET, CPA Dire IVINGSTON. NJ 07039 EFTA_R1_00594275 EFTA02053902 Click Here to send me files securely CITRINCOOPERMAN.COM This e-mail and any files transmitted with it are confidential and intended only for the person or entity to which it is addressed. If you are not the intended recipient, you are hereby notified that any dissemination, distribution or copying of this e-mail and any attachment(s) Is strictly prohibited. If you have received this email in error please immediately notify the sender ati l or by replying to this e-mail and delete the e-mail and any attachment(s1from your system. Nothing herein shall be construed as a financial promotion to any person or persons, or a solicitation or recommendation to buy or sell any security or other Investment or to engage in any trading strategy. Information presented is from sources believed to be reliable, but is not guaranteed to be accurate or complete. This information should not be taken as an offer nor as a solicitation of an offer to buy or sell securities or other financial Instruments. Email transmission cannot be guaranteed to be secure, timely or error free. Tourmaline Partners, RC may review and store both Incoming and outgoing messages. Use by other than the intended recipients is prohibited. EFTA_R1_00594276 EFTA02053903