From: jeffrey E. [jeevacation@gmail.com]
Sent: 10/26/2015 6:08:48 PM To: Melanie Spinella x 8 rad Wechsler [nn Subject: draft
Importance: — High
phaidon and art space. combined basis 96 million , ( reviewed with brad and joe.) . add ten for restructuring . basis 106. mi. subtract total sale price. for both, lets say approx $8-15m ._ leaving loss of between 90 and 98 million long term loss. . AMT rate 28% obama. tax 3.8%. city and state
12% total aprox 43%. tax rate. savings 38.7-44m
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HOUSE_OVERSIGHT_030381