EFTA00816200.pdf

From: Richard Kahn To: "Jeffrey E." [email protected]> Subject: Re: Date: Thu, 06 Oct 2016 17:11:33 +0000 i will be speaking with alan dlugash at 3:30pm regarding joslin explanations a) cost basis should be value at date of death per 706 tax retun not his arbitrary thoughts.. b) if RE tax schedule is accurate then how did they only have 1,006,000 in RE taxes in 2014? Richard Kahn HBRK Associates Inc. New York. NY 10022 On Oct 6, 2016, at 12:10 PM, jeffrey E. <jeevacationt≤u',gmail.com> wrote: Forwarded message From: Richard Joslin Date: Thursday, 6 October 2016 Subject: To: "jeffrey E." [email protected]>, Brad Wechsler < >, Leon Black Attached is schedule of real estate taxes paid. There was a $7K refund received via trust and that was reported on grantor trust K-1 (Sch A shows net anount).. Artspace issues 1099's for payments such as these. Tom indicated "no" to "issuing 1099's" question on Sch C on initial draft which has subsequently been updated. John Murphy confirmed 1099's were filed for Artspace and Regan Arts. Controller will return Monday and will get copies then. Sale of AZ residence was for a loss/ no gain. Since it was reported on 1099-S and since not a principal residence, I thought it best to report sale proceeds with no loss showing. No loss allowed on sale of personal asset. JEE argument re Miami property as personal asset applied here. From: Jeffrey E. Imailto:[email protected] Sent: Thursday, October 06, 2016 10:38 AM EFTA00816200 To: Richard Joslin ic => ; Brad Wechsler < >; Leon Black Subject: schedule of real estate taxes. .. ? page 675 commiosn and fees? 2 m and no 1099s/ ? arizona house matched sales and cost? no commsions? please note 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 JEE 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note 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 JEE 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 [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved <2015 REAL ESTATE TAX BEFORE REFUND.pdf><Arizona sale proceeds.pdf> EFTA00816201