EFTA00981196.pdf

From: Richard Joslin To: Jeffrey Epstein <[email protected]> Subject: Re: Date: Thu, 09 Jan 2014 03:20:17 +0000 He prepares balance sheet and ignores the balances showing for each asset. Assets are not shown on tax basis - there is no evidence he keeps track of tax basis of partnership interests. The Apollo K-ls are mostly on tax basis so he ignores cash or deemed distributions. I am trying to unravel if the Apollo K-1 tax basis is accurate. Igot the 2007 aMH tax returns and they have the basis step up as a partnership deduction which is incorrect. Should be APO corp separately stated deduction. As for TRA, Tom records the cash and ignores any impact on tax basis of BRH. If he was to reconcile the total cash received each year from BRH to the cash distribution reported on BRH K-1 he would have discovered the difference and might have raised an eyebrow. I doubt he would have asked as he acted based on misinterpretation of facts, ie that Sale of AMH took place after rollup. I can show you O'Melveny memo that indicates steps On Wednesday, January 8, 2014, Jeffrey Epstein wrote: if tom has his negative assets. how did he not pick up the tra? he knew something had happened *********************************************************** The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved Richard Joslin, CPA CFO Black Family Partners, LP 445 Park Ave New York, NY 10022 (ph) (cell) EFTA00981196