<table><tr><th>From:</th><th>Richard Joslin</th></tr><tr><td>Sent:</td><td>Thursday, October 6, 2016 8:46 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Cc:</td><td>Brad Wechsler</td></tr><tr><td>Subject:</td><td>RE: Re:</td></tr></table>

Yearly townhouse tax is $305K paid semi-annually . In 2015, the FO paid first half of 2016 taxes in Nov 2015, ie 3 installments of $150K paid in 2015.

From: jeffrey E. [mailto:jeevacation@gmail.com]
Sent: Thursday, October 06, 2016 3:31PM
To: Richard Joslin
Subject: Re: Re:

what is yearly tax on townhouse? 2014 was 150 for 6 months, and 450 for 2015? for one year?

On Thu, Oct 6, 2016 at 3:18 PM, Richard Joslin an> wrote:

Townhouse held 12 months in 2015 — year over year increase $320K

Southampton taxes — timing of payments (2014 tax pd in 2015) —year over year increase $115K

Bedford taxes — timing of payments/ new assessment for Field House — year over year increase $302K

From: jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com>
Sent: Thursday, October 06, 2016 3:12 PM
To: Richard Joslin
Subject: Re: Re:

why the additional 700k for 15?

On Thu, Oct 6, 2016 at 2:26 PM, Richard Joslin c: I» wrote:

From: Jeffrey E. [mailto:jeevacation@gmail.com <mailto:jeevacation@gmail.com> ]
Sent: Thursday, October 06, 2016 1:36 PM
To: Richard Joslin
Subject: Re: Re:

real esttate tax

On Thu, Oct 6, 2016 at 1:34 PM, Richard Joslin

wrote:

Last year 1040? Items below?

From: Jeffrey E. [mailto:Jeevacation@gmail.com <mailto:jeevacation@gmail.com> ]
Sent: Thursday, October 06, 2016 1:16 PM
To: Richard Joslin
Cc: Brad Wechsler >; Leon Black

Subject: Re:

send me last years as well thx

On Thu, Oct 6, 2016 at 11:30 AM, Richard Joslin
» > wrote:

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.

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schedule of real estate taxes. .. ? page 675 commiosn and fees? 2 m and no 1099s/ ? arizona house matched sales and cost? no commsions?

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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 jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof,

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 jeevacation@gmail.com <mailto:jeevacation@gmail.com> , 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 jeevacation@gmail.com <mailto:jeevacation@gmail.com> , 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

4

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received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved