<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Saturday, January 13, 2018 11:53 AM</td></tr><tr><td>To:</td><td>David Mitchell</td></tr><tr><td>Subject:</td><td>Re: Purchase and Sale Agreement - Life Hotel.DOCX</td></tr></table>

under the new tax law . is there and advantage to separate=the realestate from the operations in a tax efficient fashion. ? =AO . I had a rough conversaton with steve askin why so much loss =/div>

On Sat, Jan 13, 2018 at 6:50 AM, David Mitchell <█████████████████████> wrote:

## =AO please note

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