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Caution: Forms printed from within Adobe Acrobat products may not meet IRS or state taxing agency specifications. When using Acrobat 9.x products and later products, select "None"in the "Page Scaling" selection box in the Adobe "Print" dialog. CLIENT'S COPY EFTA00806113 SACKS PRESS & LACHER, P.C. CERTIFIED PUBLIC ACCOUNTANTS 600 THIRD AVENUE - 18TH FL NEW YORK, NY 10016-1901 SEPTEMBER 12, 2017 NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 NEXT MANAGEMENT LLC: WE HAVE PREPARED AND ENCLOSED YOUR 2016 LIMITED LIABILITY COMPANY RETURNS FOR THE YEAR ENDED DECEMBER 31, 2016. THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE IRS, PLEASE SIGN, DATE, AND RETURN FORM 8879-PE TO OUR OFFICE. WE WILL THEN SUBMIT YOUR ELECTRONIC RETURN TO THE IRS. DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE IRS. RETURN FEDERAL FORM 8879-PE TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. THE CALIFORNIA FORM 568 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE FTB, PLEASE SIGN, DATE AND RETURN FORM 8453-LLC TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE FTB. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE FTB. RETURN FORM 8453-LLC TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED AS YOU ARE TO RECEIVE A REFUND IN THE AMOUNT OF $7,200.00. YOUR ANNUAL TAX PAYMENT AMOUNT OF $800.00 WILL BE AUTOMATICALLY WITHDRAWN FROM THE BANK ACCOUNT ENDING IN 0157 ON OR AFTER SEPTEMBER 12, 2017. REFER TO FORM 568 ON THE DIRECT DEPOSIT/DEBIT REPORT FOR COMPLETE ACCOUNT INFORMATION. THE NEW YORK FORM IT-204 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE NYSDTF, PLEASE SIGN, DATE AND RETURN FORM TR-579-PT TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE NYSDTF. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE NYSDTF. RETURN FORM TR-579-PT TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. EFTA00806114 THE FLORIDA FORM F-1065 SHOULD BE MAILED ON OR BEFORE OCTOBER 2, 2017 TO: FLORIDA DEPARTMENT OF REVENUE 5050 W. TENNESSEE STREET TALLAHASSEE, FL 32399-0135 THE NEW YORK CITY FORM NYC-204 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE NYC DOF, PLEASE SIGN, DATE AND RETURN NYC-579-UBTP TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE NYC DOF. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE NYC DOF. RETURN NYC-579-UBTP TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. YOUR OVERPAYMENT IN THE AMOUNT OF $30,257.00 HAS BEEN APPLIED TO YOUR NEW YORK CITY ESTIMATED TAX. THE NEW YORK CITY ESTIMATED INCOME TAX DUE DATES AND REQUIRED PAYMENTS ARE AS FOLLOWS: INSTALLMENT NO. 3 BY 09/15/17 $51,833 INSTALLMENT NO. 4 BY 01/16/18 $37,270 MAIL THE NEW YORK CITY ESTIMATED TAX PAYMENTS TO: NYC DEPARTMENT OF FINANCE UNINCORPORATED BUSINESS TAX P.O. BOX 3923 NEW YORK, NY 10008-3923 ATTACHED ARE SCHEDULES K-1 FOR ALL MEMBERS INDICATING THEIR SHARE OF INCOME, DEDUCTIONS AND CREDITS TO BE REPORTED ON THEIR RESPECTIVE TAX RETURNS. THESE SCHEDULES SHOULD BE IMMEDIATELY FORWARDED TO EACH OF THE MEMBERS. COPIES OF THE RETURNS ARE ENCLOSED FOR YOUR FILES. WE SUGGEST THAT YOU RETAIN THESE COPIES INDEFINITELY. VERY TRULY YOURS, SACKS PRESS & LACHER, P.C. EFTA00806115 TAX RETURN FILING INSTRUCTIONS REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS Prepared for NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 Form must be filed on or before RETURN FORM 114A TO US BY OCTOBER 15, 2017. Special Instructions FORM 114 HAS BEEN PREPARED FOR ELECTRONIC FILING. PLEASE SIGN, DATE, AND RETURN FORM 114A TO OUR OFFICE. WE WILL THEN TRANSMIT YOUR REPORT TO THE FINCEN. 600397 04.01.16 EFTA00806116 2016 TAX RETURN FILING INSTRUCTIONS U.S. RETURN OF PARTNERSHIP INCOME FOR THE YEAR ENDING DECEMBER 31, 2016 Pmoamdtor NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 To be signed and dated by A MEMBER MANAGER OF THE LLC Amount of tax NOT APPLICABLE Mailtaxretum to THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE IRS, PLEASE SIGN, DATE, AND RETURN FORM 8879-PE TO OUR OFFICE. WE WILL THEN SUBMIT YOUR ELECTRONIC RETURN. Forms to be distributed to partners ENCLOSED ARE COPIES OF SCHEDULE K-1 TO BE DISTRIBUTED TO THE MEMBERS. Retummustbe mailed on or before RETURN FEDERAL FORM 8879-PE TO US BY SEPTEMBER 15, 2017. Special Instructions DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE IRS. 610145 04-01.16 EFTA00806117 Two-Year Comparison - Partnership 2016 Name of partnership NEXT MANAGEMENT LLC Employer identification number 13-3495607 Description Prior Year Current Year Increase (Decrease) NUMBER OF PARTNERS 3. 3. 0. TRADE OR BUSINESS INCOME OR LOSS: INCOME: GROSS RECEIPTS OR SALES 20,059,894. 20,803,273. 743,379. GROSS PROFIT 20,059,894. 20,803,273. 743,379. INCOME (LOSS) FROM PASSTHROUGHS 248,456. 137,818. -110,638. OTHER INCOME (LOSS) -234,496. -156,411. 78,085. TOTAL INCOME (LOSS) 20,073,854. 20,784,680. 710,826. DEDUCTIONS: SALARIES AND WAGES 11,291,732. 12,181,179. 889,447. REPAIRS AND MAINTENANCE 414,619. 416,838. 2,219. BAD DEBTS 8,131. 0. -8,131. RENT 749,810. 815,645. 65,835. TAXES AND LICENSES 769,540. 772,275. 2,735. INTEREST 0. 72. 72. DEPRECIATION 120,998. 44,543. -76,455. RETIREMENT PLANS 106,026. 111,980. 5,954. EMPLOYEE BENEFIT PROGRAMS 338,804. 379,739. 40,935. OTHER DEDUCTIONS 3,858,292. 3,561,967. -296,325. TOTAL DEDUCTIONS 17,657,952. 18,284,238. 626,286. ORDINARY INCOME (LOSS) 2,415,902. 2,500,442. 84,540. SCHEDULE K: INCOME (LOSS): ORDINARY TRADE/BUSINESS INCOME/LOSS 2,415,902. 2,500,442. 84,540. INTEREST INCOME 17,910. 15,968. -1,942. DEDUCTIONS: CHARITABLE CONTRIBUTIONS 103,335. 12,512. -90,823. SECTION 179 EXPENSE DEDUCTION 191,194. 64,523. -126,671. INVESTMENT INTEREST: 61181! O4 01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806118 Two-Year Comparison - Partnership 2016 Name of partnership NEXT MANAGEMENT LLC Employer idenbfication number 13-3495607 Description Prior Year Current Year Increase (Decrease) INVESTMENT INCOME 17,910. 15,9.8. -1,942. JUSTMENTS AND TAX PREFERENCES: "EPRECIATION ADJUSTMENT 102. 161. 59. THER ADJUSTMENTS/TAX PREFERENCES -1,078. 0. 1,078. THER: ONDEDUCTIBLE EXPENSES 118,554. 127,818. 9,264. ISTRIBUTIONS OF MONEY 3,000,000. 2,250,000. -750,000. SCHEDULE M-1: ET INCOME (LOSS) PER BOOKS 2,319,987. 2,748,386. 428,399. "EPRECIATION ON BOOKS NOT ON SCH K 0. 55,231. 55,231. RAVEL AND ENTERTAINMENT 90,792. 76,747. -14,045. THER BOOK EXPENSES NOT ON SCH K 143,715. 148,663. 4,948. OTAL- NET BOOK INC THROUGH EXPENSE 2,554,494. 3,029,027. 474,533. THER BOOK INCOME NOT ON SCH K 82,521. 60,281. -22,240. "EPRECIATION ON SCH K NOT ON BOOKS 152,866. 0. -152,866. THER SCH K DED NOT ON BOOKS 179,824. 529,371. 349,547. OTAL- BOOK INC THROUGH SCH K DED 415,211. 589,652. 174,441. INCOME (LOSS) 2,139,283. 2,439,375. 300,092. SCHEDULE M-2: APITAL AT BEGINNING OF YEAR 1,851,584. 1,171,571. -680,013. ET INCOME (LOSS) PER BOOKS 2,319,987. 2,748,386. 428,399. OTAL- BEGINNING CAP THROUGH INCR 4,171,571. 3,919,957. -251,614. ASH DISTRIBUTIONS 3,000,000. 2,250,000. -750,000. OTAL- CASH CONT THROUGH OTHER DECR 3,000,000. 2,250,000. -750,000. APITAL BALANCE AT END OF YEAR 1,171,571. 1,669,957. 498,386. 61181! O4 01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806119 Expanded Capital Account Summary Name NEXT MANAGEMENT LLC M. Number 13-3495607 CLAXON INC Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 1 NEW YORK, NY 10013 13-3508513 Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 492,058. 1,154,322. Withdrawals 945,000. Ending Capital 701,380. PARTNERSHIP HOLDING CORP. Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 2 NEW YORK, NY 10013 13-3501977 Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 363,187. 852,000. Withdrawals 697,500. Ending Capital 517,687. THE WILCOR GROUP INC. Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 3 NEW YORK, NY 10013 13-3682060 Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 316,326. 742,064. Withdrawals 607,500. Ending Capital 450,890. Partner Partner's Identification Number Number Beginning Capital Schedule M-2, Capital Contributed Lines 3, 4 & 7 Withdrawals Ending Capital Total For All Partner's Capital Accounts Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 1,171,571. 0. 2,748,386. Withdrawals 2,250,000. Ending Capital 1,669,957. 611911 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806120 CALIFORNIA NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 V ain Everywhere Beginning of Year End of Year Beginning of Year End of Year 274,770. 279,697. 1,713,186. 1,718,113. 50,344. 50,344. 662,281. 662,281. 0. 0. 155,603. 155,603. 89,113. 136,109. 1,686,953. 1,746,549. -----414,227. 466,150. 4,218,023. 4,282,546. 440,189. 4,250,285. 1,230,552. 7,286,288. 1,670,741. 11,536,573. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806121 FLORIDA NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 V ain Everywhere Beginning of Year End of Year Beginning of Year End of Year 327,985. 327,985. 1,713,186. 1,718,113. 77,707. 77,707. 662,281. 662,281. 0. 0. 155,603. 155,603. 68,725. 68,725. 1,686,953. 1,746,549. -----474,417. 474,417. 4,218,023. 4,282,546. 474,417. 4,250,285. 931,768. 7,286,288. 1,406,185. 11,536,573. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806122 NEW YORK NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property • Not Applicable 612261 010146 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year 1,110,431. 1,110,431. 1,713,186. 1,718,113. 1,094,855. 1,094,855. 1,666,903. 1,669,860. 534,230. 534,230. 662,281. 662,281. 453,344. 453,344. 572,033. 572,033. 155,603. 155,603. 155,603. 155,603. 47,545. 74,532. 47,545. 74,532. 1,529,115. 1,541,715. 1,686,953. 1,746,549. 1,128,701. 1,147,980. 1,204,997. 1,250,405. ----704,934. 571,268. 726,545. 715,716. 588,101. 721,131. 5,123,968. 7,286,288. 5,712,069. 8,007,419. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806123 NEW YORK CITY NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year 1,110,431. 1,110,431. 1,713,186. 1,718,113. 1,094,855. 1,094,855. 1,666,903. 1,669,860. 534,230. 534,230. 662,281. 662,281. 453,344. 453,344. 572,033. 572,033. 155,603. 155,603. 155,603. 155,603. 47,545. 74,532. 47,545. 74,532. -----104,520. 177,533. 244,589. 219,572. 191,027. 232,081. 5,123,968. 7,286,288. 5,314,995. 7,518,369. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806124 NEW YORK MCTD NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year 1,110,431. 1,110,431. 1,713,186. 1,718,113. 1,094,855. 1,094,855. 1,666,903. 1,669,860. 534,230. 534,230. 662,281. 662,281. 453,344. 453,344. 572,033. 572,033. 155,603. 155,603. 155,603. 155,603. 47,545. 74,532. 47,545. 74,532. -----104,520. 177,533. 244,589. 219,572. 191,027. 232,081. 5,123,968. 7,286,288. 5,314,995. 7,518,369. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806125 CALIFORNIA NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 0. 290,092. 2,247,039. 11,944,848. 2,247,039. 12,234,940. Within Everywhere 0. 15,968. 5,191,437. 21,727,304. 5,191,437. 21,743,272. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806126 FLORIDA NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 0. 290,092. 976,440. 11,944,848. 976,440. 12,234,940. Within Everywhere 0. 15,968. 1,891,925. 21,727,304. 1,891,925. 21,743,272. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806127 NEW YORK NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 8,721,369. 11,944,848. 8,721,369. 11,944,848. Within Everywhere 14,643,942. 21,727,304. 14,643,942. 21,727,304. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806128 NEW YORK CITY NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 8,721,369. 11,944,848. 8,721,369. 11,944,848. Within Everywhere 14,643,942. 21,727,304. 14,643,942. 21,727,304. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806129 NEW YORK MCTD NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 8,721,369. 11,944,848. 8,721,369. 11,944,848. Within Everywhere 14,643,942. 21,727,304. 14,643,942. 21,727,304. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806130 PROPERTY FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wsconsin Wyoming Foreign Other Total HMS 041-0 2016 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 1,570,178. 12,400,790. .126619 .126619 5,712,068. 8,007,418. .713347 .713347 N/A N/A N/A .839966 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806131 PROPERTY FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals WITHIN EVERYWHERE UNWEIGHTED WEIGHTED .713300 .713300 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806132 PAYROLL FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wsconsin Wyoming Foreign Other Total HMS 041-0 2016 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 976,440. 12,234,940. .079808 .079808 9,011,461. 12,234,940. .736535 .736535 N/A N/A N/A .816343 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806133 PAYROLL FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 9,011,461. 12,234,940. .736500 .736500 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806134 SALES FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Waconsin Wyoming Foreign Other Total HMS 041-0 2016 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 5,191,437. 21,743,272. .238761 .238761 1,891,925. 21,743,272. .087012 .087012 14,659,910. 21,743,272. .674227 .674227 N/A N/A N/A 1.000000 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806135 SALES FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 14,659,692. 21,743,272. .674200 .674200 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806136 SUMMARY NEXT MANAGEMENT LLC SUMMARY OF FACTORS Alabama Alaska Arizona Arkansas Calitomia Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Yfaconsin Wyoming Foreign Other Apportionment Summary Worksheet 2016 13-3495607 Total 610781 04.O1-iS PROPERTY PAYROLL SALES APPORTIONMENT .238761 .238761 .126619 .079808 .087012 .097813 .713347 .736535 .674227 .708036 .839966 .816343 1.000000 1.044610 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806137 SUMMARY NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 SUMMARY OF FACTORS • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals PROPERTY PAYROLL SALES APPORTIONMENT .713300 .736500 .674200 .680800 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806138 Form 114a Department of the Treasury Financial Crimes Enforcement Network (FinCEN) May 2015 Record of Authorization to Electronically File FBARs (See instructions below for completion) Do not send to FinCEN. Retain this form for your records. NEXTMAN20160001 The form 114a may be digitally signed Part I Persons who have an obligation to file a Report of Foreign Bank and Financial Account(s) 1. Owner last name or entity's legal name NEXT MANAGEMENT LLC 2. Owner first name 3. Owner M.I. 4. Spouse last name Of jointly filing FBAR - see instiuctions below) 5. Spouse first name 6. Spouse M.I. Vwe declare that Vwe have provided information concerning 2 (enter number of accounts) foreign bank and financial account(s) for the filing year ending December 31. 2016 to the preparer listed in Part II: that this information is to the best of my/our knowledge true. correct. and complete: that Vwe authorize the preparer listed in Part II to complete and submit to the Financial Crimes Enforcement Network (FriCEN) a Report of Foreign Bank and Fnancial Accounts (FBAR) based on the information that Vwe have provided: and that Vwe authorize the preparer listed in Part II to receive information from FinCEN. answer inquiries and resolve issues relating to this submission. Vwe acknowledge that. notwithstanding this declaration, it is my/our legal responsibility, not that of the preparer listed in Part II. to timely file an FBAR if required by law to do so. 7. Owner signature (Authorized representative if entity) 8. Date 9. Owner or entity TIN 10. TIN a al EIN type b 0 SSWITIN c 0 Foreign MM DD YYYY 11. Spouse signature 12. Date 13. Spouse TIN 14. TIN a Li EIN type b 0 SSN/ITIN c 0 Foreign MM DD YYYY Part II I Individual or Entity Authorized to File FBAR on behalf of Persons who have an obligation to file. 15. Preparer last name PRESS 16. Preparer first name GARY 17. Preparer M.I. W 18. Preparer PTIN 19. Address 600 THIRD AVENUE 20. City NEW YORK 21. State PY 22. ZIP/postal code 100161901 23. Country code US 24. Preparers (item 15) employers (En ity) name SACKS PRESS & LACHER PC 25. Employer EIN 13-3050313 26. Preparers gnature GARY W. PRESS Instructions for completing the FBAR S gnature Authorization Record This record may be completed by the individual or entity granting such authorization (Part I) OR the individuaVentity authorized to perform such services. The completed record must be signed by the individual(syentity grant ng the authorization (Part I) and the individuaVentity that will file the FBAR. The Preparer/filing entity must be registered with FinCEN BSA EFile system. (See http://bsaefiling.fincentreas.gov/main.html for registration). Read and complete the account owner statement in Part I. To authorize a third party to file the Foreign Bank and Financial Accounts Report (FBAR), the account owner should complete Part I. items 1 through 3 (as required), sign and date the document in Part I. items 7/8 and complete items 9 and 10. Item 7 may be digitally signed. Accounts Jointly Owned by Spouses (see exceptions in the FBAR instructions) If the account owner is filing an FBAR jointly with his/her spouse. the spouse must also complete Part I. items 4 through 6. The spouse must also sign and date the report in items 11/12. (item 11 may be digitally signed) and complete items 13 and 14. A third party preparer may be one of the spouses of the jointly owned foreign account. In this case, both spouses must complete Part I of form 114a in its entirety. The third party preparer (spouse) that will file the FBAR on behalf of both spouses will complete Part II in its entirety (do not use such terms as see above, or same as item number x). Complete Part II. items 15 through 18 with the preparer's information. The address, items 19 through 23, is that of the preparer or the preparer's employer if the preparer is an employee. Record the employer's information (if any) in items 24 and 25. If the preparer does not have a PTIN. leave item 18 blank. The third party preparer must sign in item 26 (digital signature acceptable) of Part II indicating that the FBAR will be filed as directed by the authorizing authority. The person(s) listed in Part I, and the person listed in Part II as authorized to file on behalf of the person(s) listed in Part I. should retain copies of this record of authorization and the filing itself, both for a period of 5 years. See 31 CFR 1010.430(d). DO NOT SEND THIS RECORD TO FinCEN UNLESS REQUESTED TO DO SO. 620011 04-01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC Rev. 10.7 May 21.2015 PNEXT104 EFTA00806139 Faro 8879-PE Department lot Ina Bonney Interne Revenue Senile* IRS e-file Signature Authorization for Form 1065 Ir. Don't send to the IRS. Keep for your records. Ir. Information about Form 8879-PE and its instructions is at www.frs.govilomt88790. FOf calendar near 2016. a tax year beginning . 2016. ending OMB No. 1545-012 2016 Name of partnership NEXT MANAGEMENT LLC Employer identification number 13-3495607 I Part Tax Return Information (Whole dollars only) 1 Gross receipts or sales less returns and allowances (Form 1065, line lc) 2 Gross profit (Form 1065, line 3) 3 Ordinary business income (loss) Worm 1065, line 22) 4 Net rental real estate income (loss) (Form 1065, Schedule K. line 2) 5 Other net rental income (loss) (Form 1065, Schedule K. line 3c) Part II Declaration and Signature Authorization of General Partner or Limited Liability Company Member Manager (Be sure to get a copy of the partnership's return) 20,803,273. 20,803,273. 2,500,442. 4 5 Under penalties of perjury. I declare that I am a general partner or limited liability company member manager of the above partnership and that I have examined a copy of the partnership's 2016 electronic return of partnership income and accompanying schedules and statements and to the best of my knowledge and belief. it is true. correct, and complete. I further declare that the amounts in Part I above are the amounts shown on the copy of the partnership's electronic return of partnership income. I consent to allow my electronic return originator (ERO). transmitter, or intermediate service provider to send the partnership's return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission and (b) the reason for any delay in processing the return. I have selected a personal identification number (PIN) as my signature for the partnership's electronic return of partnership income. General Partner or Limited Liability Company Member Manager's PIN: cheek one box only ®I authorize SACKS PRESS & LACHER PC to enter my PIN ERO firm name don't s as my signature on the partnership's 2016 electronically filed return of partnership income. Asa general partner or limited liability company member manager of the partnership, I will enter my PIN as my signature on the partnership's 2016 electronically filed return of partnership income. General partner or limited liability company member manager's signature ► rive ill. PRESIDENT OF MEMBER MGR Date ► Part III I Certification and Authentication ERO's EFIN/PIN. Enter your sixdigit EFIN followed by your fivedigit self selected PIN. don't enter all zeros I certify that the above numeric entry is my PIN, which is my signature on the 2016 electronically filed return of partnership income for the partnership indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub. 3112. IRS e- file Application and Participation, and Pub. 4163, Modernized &File (MeF) Information for Authorized IRS e-file Providers for Business Returns. Ili ERO's signature ir• Date Ile. 09/12/17 ERO Must Retain This Form - See Instructions Don't Submit This Form to the IRS Unless Requested To Do So For Paperwork Reduction Act Notice, see Instructions. Form 8879-PE (2016) Live 62103+ +2-06-16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806140 RAT 7004 (Rev. December 2016) Dopattmaat of IN !moray Intanal Ronnua Servico Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns IP File a separate application for each return. IP Information about Form 7004 and its separate instructions Is at www.irs.govilorm7004 . OVZ No 1545.0233 Print or Type NAMO NEXT MANAGEMENT LLC Nunibra. Sheet, and ro0rn Cr Sultfr no. OM 00X, 980 O14trIrCbOnS4 15 WATTS STREET, 6TH FLOOR City, ;Gun, state, aul ZIP code Of a Icteign addiess. ontet oily, pfoonco Cr stars and country (follow the country's awake lot ordering postal codsa. Identifying number 13- 349 5607 NEW YORK, NY 10 0 1 3 Note: File request for extension by the due date of the return for which the extension is granted. See instructions before completing this form. Part I I Automatic Extension for C Corporations With Tax Years Ending December 31.See instructions. " • la triter me rorm coos ror me return listea oelow mat tills application is ror I I Application is For: Form Code Application Is For: Form Code Form 1120 12 Form 1120ND (section 4951 taxes) 20 Form 1120-C 34 Form 1120 PC 21 Form 1120-F 15 Form 1120POL 22 Form 1120-FSC 16 Form 1120 REIT 23 Form 1120-H 17 Form 1120RIC 24 Form 11201_ 18 Form 1120 SF 26 Form 1120-ND 19 Part II Automatic Extension for Certain Estates and Trusts. See instructions. o enter me rorm coop ror me return listea oelow mat tills application is Tor Application is For: Form Code Application Is For: Form Code Form 1041 (estate other than a bankruptcy estate) 04 Form 1041 (trust) 05 Part III I Automatic Extension for Entities Not Using Part I, II, or IV. See instructions. c triter me rorm cooe ror me return nstea Delow mat mis application is ror i v 2 I Application Is For: Form Code Application Is For: Form Code Form 706-GS(D) 01 Form 1120-ND (section 4951 taxes) 20 Form 706-GS(T) 02 Form 1120 PC 21 Form 1041 (bankruptcy estate only) 03 Form 1120POL 22 Form 1041•N 06 Form 1120-REIT 23 Form 1041.OFT 07 Form 1120RIC 24 Form 1042 08 Form 1120S 25 Form 1065 09 Form 1120SF 26 Form 1065.8 10 Form 3520A 27 Form 1066 11 Form 8612 28 Form 1120 12 Form 8613 29 Form 1120-C 34 Form 8725 30 Form 1120-F 15 Form 8804 31 Form 1120-FSC 16 Form 8831 32 Form 1120-H 17 Form 8876 33 Form 1120-L 18 Form 8924 35 Form 1120-ND 19 Form 8928 36 Part IV I Automatic Extension for C Corporations With Tax Years Ending June 30. See instructions. a enter me rorm cooe ror me return nu:to Delow mat mis application is ror I I Application Is For: Form Code Application Is For: Form Code Form 1120 12 Form 1120ND (section 4951 taxes) 20 Form 1120-C 34 Form 1120 PC 21 Form 1120-F 15 Form 1120POL 22 Form 1120-FSC 16 Form 1120 REIT 23 Form 1120-H 17 Form 1120RIC 24 Form 1120-L 18 Form 1120 SF 26 Form 1120-ND 19 619731 01. 18.17 LHA For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC Form 7004 (Rev. 12 2016) PNEXT1 0 4 EFTA00806141 Form 7004 Rev. 12.2016) Page 2 I Part V I All Filers Must Complete This Part 2 If the organization is a foreign corporation that does not have an office or place of business in the United States, check here ► 0 3 If the organization Is a corporation and is the common parent of a group that intends to file a consolidated return, check here ► 0 If checked, attach a statement listing the name, address, and Employer Identification Number (EIN) for each member covered by this application. 4 If the organization is a corporation or partnership that qualifies under Regulations section 1.6081.5, check here ► 0 6a The application is for calendar year 2 016, or tax year beginning , and ending b Short tax year. If this tax year is less than 12 months, check the reason L_I Initial return 0 Final return 0 Change in accounting period 0 Consolidated return to be filed 0 Other (see instructions • attach explanation) 6 Tentative total tax 6 7 Total payments and credits (see instructions) 7 8 Balance due. Subtract line 7 from line 6 (see instructions) 8 r o•in 7004 (Rev. 12.2018) 619742 01-18-+r 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806142 FINANCIAL CRIMES ENFORCEMENT NETWORK BSA E-Filing - Report of Foreign Bank and Financial Accounts (FEAR) NEXTMAN20160001 Filing Name NEXT MANAGEMENT LLC Submission Type NEW PIN NOT REQUIRED FinCEN Form 114 Check here if this report is submitted by an authorized third party, and complete the 3rd party prepare( section on page one of the report. The E-file system will auto complete item 46. NOTE: The FBAR must be received by the Department of the Treasury on or before April 18.2017. An automatic extension to October 16.2017 is available. This report filed late for the following reason (Check only one): a 0 Forgot to file b d O O O Did not know that I had to file Thought account balance was below reporting threshold Did not know that my account qualified as foreign e Account statement not received in time z ILI Account statement lost (Replacement requested) Late receiving missing required account information Unable to obtain joint spouse signature in time Unable to access BSA Efiling system Other (please provide explanation below) 523151 02-15-1T 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806143 FinCEN Form 114 REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS Do NOT file with your Federal Tax Return 1 This report is for calendar year ended 12/31 2016 me n Part I 1 Filer information 2 Type of filer NEXTMAN2 0160001 a C Individual b Partnership c 0 Corporation d D Consolidated e Q Fiduciary or other • Enter type 3 U.S. Taxpayer Identification Numbs 133495607 O If filer has no U S Identification 3a TIN type 4 Foreign identification (Complete only if item 3 is not applicable) 5 Individual's date of birth MWDD/YYYY SSNATIN a Type: Passport IMI Foreign TIN Other Fl ON b Number c Country of Issue number complete item 4 6 Last name or organization name NEXT MANAGEMENT LLC ?First name 8 Middle initial 8a Suffix 9 Mailing address (number, street. and apt. or suite no.) 15 WATTS STREET, 6TH FLOOR 10 City 11 State 12 ZIP/Postal Code 13 Country NEW YORK NY 10013 USA 14 a) Does the filer have a financial interest in 25 or more financial accounts? Yes I= Enter number of accounts Do not complete Part II or Part III, but maintain records of the information. No ILM b) Does the filer have signature authority over but no financial interest in 25 or more financial accounts? Yes I= Enter number of accounts Comp. Fan IV, items 34 through 43 for each person on whose behalf the filer has sign. authority. No Part III Information on financial account(s) owned separately 15 Maximum value of account during calendar year 15a Amount 16 Type of account aLXJ Bank bLJ Securities cl I Other Enter type below unknown 757,007. C 17 Name of financial institution in which account is held JPMORGAN CHASE BANK 1 other designation 19 Mailing address (number, street, apt. or suite no.) of financial institution in which account is held 125 LONDON WALL 20 City LONDON 21 State, if known 22 Foreign postal code, if known EC2Y5AJ 23 Country UNITED KINGDOM Isignature' 44a Check here LXJ if this report is completed b a third party preparer and complete the third party preparer section. 44 Filer signature The Won will be electrcolceily signed when died 45 Filer title. if not reporting a personal account 146 Date (MWDD Ihka date will auto-I N Men the HMO is asyttionaIlt signed Third Party Preparer Use Only 47 Preparer's last name PRESS 48 First name GARY 49 MI W 50 Checks I if 51 TIN self-employed 51a TIN type I XI PTIN 0 SSNATIN C Foreign Wa Ext. 53 Firm's name 54 Firm's TIN SACKS PRESS & LACHER P 54a TIN type LXJ EIN C Foreign 55 Mailing address (number, street. apt. or suite no.)i 600 THIRD AVENUE 56 City NEW YORK 57 State 58 ZIP/Postal Code NY 100161901 59 Country US 623141 04-0.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806144 p 3MIrl Continued - Information on Financial Account(s) Owned Separately FORM 114 Complete a Separate Block for Each Account Owned Separately 1 Filing for calendar year 2016 3-4 Check appropriate Identification Number Taxpayer Identification Number Foreign Identification Number Enter identification number here: 133495607 6 Last Name or Organization Name NEXT MANAGEMENT LLC 15 Maximum value ol account during calendar year 806,117. 17 Name of Financial Institution in which account is h Id JPMORGAN CHASE BANK 1 other designation 15a ArnoulMnkmwn Li 16 Type ol account a I X I Bank b LJ Securities eLJ Other - Enter type below 19 tailing Address (Number, Street, Suite Number) of financial institution in which account is held 125 LONDON WALL 21 State. if known 20 City LONDON 15 Maximum value of account during calendar year 22 ZIPIPostal Code, if known 23 Country EC2Y5AJ UNITED KINGDOM 15a Amami Unknown 16 Type ol account a LJ Bank b LI Securities e LJ Other - Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIP,Postal Code, if known 23 Country 620315 07-20.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806145 U.S. Return of Partnership Income OMB No. 15454123 Form 1065 for calendar Rat 2016. Or tax year begrimes Department of Ito Tiaaarry tetanal Revenue Santa EXTENSION GRANTED TO 09/15/17 A Rine101 business activity arcs nn 2016 MODEL AGENCY Principal proel,ct a 4,0..1W MODELING AGENCY G Eibeness code:will:oaf 812990 G Check applicable boxes: (1) L_T Initial return (2) LJ Final return (3) LJ Name change (6) Q Technical termination - also check (1) or (2) H Check accounting method: (1) 0 Cash (2) M Accrual (3) 0 Other (specify) ► I Number of Schedules K-1. Attach one for each person who was a partner at any time during the tax year leo J Check if Schedules C and M-3 are attached Type or Print Name or palmothIP NEXT MANAGEMENT LLC Nunn., street. and room or see no h a. box. see the Ins* magma 15 WATTS STREET, 6TH FLOOR City a town. Mato a province, country, and ZIP Cr sonar postal code D Employs. Icisnilliceilon nuMIXt 13-3495607 E Date business started 01/04/1989 F Total assets NEW YORK NY 10013 $19,197,540. (4) L_J Address change (5) L_J Amended return 3 I I Caution. Include only trade or business income and expenses on lines /a through 22 below. See the Instructions for more Information. Income 1 a Gross receipts or sales u 20,803,273. 20,803,273. b Retums and allowances lb c Balance. Subtract line lb from line la 2 Cost of goods sold (attach Form 1125-A) 3 Gross profit. Subtract line 2 from line is 4 Ordinary income (loss) from other partnerships, estates, and Mists (attach statement) SEE 5 Net farm profit (loss) (attach Schedule F (Form 1040)) 6 Net gain (loss) from Form 4797, Part II, line 17 (attach Form 4797) 7 Other income (loss) (attach statement) SEE STATEMENT 8 Total Income (loss). Combine lines 3 through 7 STATEMENT 1 2 lc 2 3 20,803,273. 4 137,818. 5 6 7 -156,411. 8 20,784,680. Deductions (see the instructions for limitations) 9 Salaries and wages (other than to partners) (less employment credits) 10 Guaranteed payments to partners 11 Repairs and maintenance 12 Bad debts 13 Rent 14 Taxes and licenses SEE STATEMENT 15 Interest 16 a Depreciation (if required, attach Form 4562) 3 44,543. 9 12,181,179. 10 11 416,838. 12 13 815,645. 14 772,275. 15 72. 44,543. I16a1 b Less depreciation reported on Form 1125-A and elsewhere on return 186 16c 17 Depletion (Do not deduct oil and gas depletion.) 18 Retirement plans, etc. 19 Employee benefit programs 20 Other deductions (attach statement) SEE STATEMENT 4 21 Total deductions. Add the amounts shown in the tar right column for lines 9 through 20 17 18 111,980. 19 379,739. 20 3,561,967. 21 18,284,238. 22 Ordinary business income (loss). Subtract line 21 from line 8 22 2,500,442. Sign Here Under penaItIOS ot party. I declare that I have examined Inks return. including aCCorratenying SChiadteas and Statement& and to the bcsi of my Imo. Riga and ballet it * the. correct, and complies. Deaaration of prepare, tole than goners partner a Nary company mambo, Manager) IS based on all inform IRo o' when pRoaret nes any k nom4404 May the IRS &R,4. this Mum ..lm the prepare, shown below bagman:rot general palms or Welted liability company member maneger Dr meta stir n Yes No Paid Preparer Use Only Pint/Tyee weparees new* GARY W. PRESS Preparers stratum GARY W. PRESS Date 09/12/17 ONO, U II eat-employed PIM Firm's name is. SACKS PRESS & LACHER PC Feta EIN Firm's miens.: Ple6 0 0 THIRD AVENUE NEW YORK, NY 10016-1901 Phone no. LHA For Paperwork Reduction Act Notice, see separate Instructions. Form 1065 (2016) 611001 01-05.17 EFTA00806146 Form 1065 (2016) NEXT MANAGEMENT LLC 13-3495607 Page 2 Schedule B I Other Information 1 a e e What type of entity is filing this return? Check the applicable box: limited partnership limited liability partnership b. Yes No Li Domestic general partnership b Li Domestic X Fl Domestic limited liability company d LJ Domestic Q Foreign partnership f Q Other 2 At any time during the tax year, was any partner in the partnership a disregarded entity, a partnership (including an entity treated as a partnership), a trust, an S corporation, an estate (other than an estate of a deceased partner), or a nominee or similar person? 3 a b At the end of the tax year: Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt organization, or any foreign government own, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership? For rules of constructive ownership, see instructions. If "Yes," attach Schedule B-1, Information on Partners Owning 50% or More of the Partnership Did any individual or estate own, directly or indirectly, an interest of 50% or mare in the profit, loss, or capital of the partnership? For rules of constructive ownership, see instructions. If "Yes," attach Schedule B-1, Information on Partners Owning 50% or More of the Partnership X X 4 a At the end of the tax year, did the partnership: Own directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled to vote of any foreign or domestic corporation? For rules of constructive ownership, see instructions, If 'Yes," complete (i) through (iv) below X (I) Name of Corporation Oihmolow Idonnneanon Humane crony) (III)Country of Incorporation (14-)PWCA :ay Ooran n S.anO s:,:ci, b Own directly an interest of 20% or more, or own, directly or indirectly, an inte est of 50% or more in the profit, loss, or capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ovmership, see instructions. If 'Yes,' complete (i) through (v) below X !quad (I) Name of Entity (10Employer Idontificalion Hunter or any) (I II) Type of Entity (Iv) Country of urn amiable 0 rano Organization PnAt Lott apply TWO TWELVE MANAGEMENT LLC 0-135.19 •ARTNERSHIP ITED STATES :Lit 5 Did the partnership file Form 8893, Election of Partnership Level Tax Treatme t, or an election statement under section 6231(a)(1)(6)(0) for partnership-level tax treatment, that is in effect f r this tax year? See Form 8893 for more details Yes No X 6 a b c d Does the partnership satisfy all four of the fo0owng conditions? The partnership's total receipts for the tax year were less than $250,000. The partnership's total assets at the end of the tax year were less than $ 1 million. Schedules K-1 are filed with the retum and furnished to the partners on or before the due date (including extensions) for the partnership return. The partnership is not filing and is not required to file Schedule M-3 If 'Yes," the partnership is not required to complete Schedules L, M-1, and M-2; Item F on page 1 of Form 1065; or Item Lon Schedule K-1. X 7 Is this partnership a publicly traded partnership as defined in section 469(kX2)? X 8 During the tax year, did the paitriership have any debt that was cancelled, was forgiven, or had the terms modified so as to reduce the principal amount of the debt? X 9 Has this partnership filed, or is it required to file, Form 8918, Material Advisor Disclosure Statement, to provide information on any reportable transaction? X 10 At any time during calendar year 2016, did the partnership have an interest in or a signature or other authority over a financial account in a foreign country (such as a bank account, securities account, or other financial account)? See the instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If 'Yes," enter the name of the foreign country. ► UNITED KINGDOM X Form 1065 (2016) 611011 01-0547 2 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806147 Form 1065 (2016) NEXT MANAGEMENT LLC 13-3495607 Page 3 Schedule B I Other Information (continued) 11 At any time during the tax year, did the partnership receive a distrbution from, or was it the grantor of, or transferor to, a foreign trust? If 'Yes: the partnership may have to file Form 3520, Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts. See instructions Yes No X 12a Is the partnership making, or had it previously made (and not revoked), a section 754 election? See instructions for details regarding a section 754 election. b Did the partnership make for this tax year an optional basis adjustment under section 743(b) or 734(b)? If Yes; attach a statement showing the computation and allocation of the basis adjustment See instructions c is the partnership required to adjust the basis of partnership assets under section 743(b) or 734(b) because of a substantial built-in loss (as defined under section 743(d)) or substantial basis reduction (as defined under section 734(d))? If Yes; attach a statement showing the computation and allocation of the basis adjustment. See instructions X X X 13 Check this box if, during the current or prior tax year, the partnership distributed any property received in a like-kind exchange or contributed such property to another entity (other than disregarded entities wholly owned by the partnership throughout the tax year) II. = 14 At any time during the tax year, did the partnership distribute to any partner a tenancy-in-common or other undivided interest in partnership property? X 15 If the partnership is required to file Form 8858, Information Return of U.S. Persons With Respect To Foreign Disregarded Entities, enter the number of Forms 8858 attached. See instructions Ir. 16 Does the partnership have any foreign partners? If 'Yes; enter the number of Forms 8805, Foreign Partner's Information Statement of Section 1446 Withholding Tax, filed for this partnership. la. X 17 Enter the number of Forms 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships. attached to this return. O. 16a Did you make any payments in 2016 that would require you to file Form(s) 1099? See instructions b If Wes; did you or will you file required Form(s) 1099? X X 19 Enter the number of Form(s) 5471, Information Return of U.S. Persons WM Respect To Certain Foreign Corporations, attached to this return. Ill• 20 Enter the number of partners that are foreign governments under section 892. lifo. 21 During the partnership's tax year, did the partnership make any payments that would require it to file Form 1042 and 1042-S under chapter 3 (sections 1441 through 1464) or chapter 4 (sections 1471 through 1474)? 22 Was the partnership a specified domestic entity required to file Form 8938 for the tax year (See the Instructions for Form 8938)? X Designation of Tax Matters Partner (see instructions) Enter below the general partner or member-manager designated as the tax matters partner (TMP) for the tax year of this return: Name of designated TMP P. PARTNERSHIP HOLDING CORP. C/O NEXT MGMT numberofTMP ► TI the TMP is an entity, name of TMP representative P. FAITH KATES Address of po. 15 WATTS STREET, 6TH FLOOR designated TMP NEW YORK, NY 10013 Form 1065 (2016) Identifying Phone numberofTMP ► 511021 01-05-17 3 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806148 Form 1065 (2016) NEXT MANAGEMENT LLC I Schedule K I Partners' Distributive Share Items Total amount Income (Loss) 1 Ordinary business income (loss) (page 1. line 22) 2 Net rental real estate income (loss) (attach Form 8825) 3 a Other gross rental income (loss) b Expenses from other rental activities (attach statement) I c Other net rental income (loss). Subtract line 3b from line 3a 4 Guaranteed payments 5 Interest income SEE 6 Dividends: a Ordinary dividends b Qualified dividends I 7 Royalties 8 Net short-term capital gain (loss) (attach Schedule D (Form 1065)) 9 a Net long-term capital gain (loss) (attach Schedule 0 (Form 1065)) b Collectibles (28%) gain (loss) c Unrecaptured section 1250 gain (attach statement) 10 Net section 1231 gain (loss) (attach Form 4797) 11 Other income (loss) (see instructions) Type IP. 3a 1 2,500,442. 2 3c 3b STATEMENT eb 5 4 5 15,968. 6a 7 96 8 9a 10 90 11 Deductions 12 Section 179 deduction (attach Form 4562) 13 a Contributions $88 STATEMENT 6 b Investment interest expense c Section 59(e)(2) expenditures: (1)TYPe Illb• (2)Amount Ila• 12 64,523. 13a 12,512. 13b 13c(2) d Other deductions (see instructions)Typelb. 13d Self- Employ- ment 14 a Net earnings (loss) from self-employment b Gross farming or fishing income c Gross nonfarm income 14a 14b 14c La (5 15 a Low-income housing credit (section 42(N5)) b Low-income housing credit (other) c Qualified rehabilitation expenditures (rental real estate) (attach Form 3468, if applicable) d Other rental real estate credits (see instructions) Type P. 15a 15b 15c 15d e Other rental credits (see instructions) Type op. 15e f Other credits (see instructions) Type Ilab• 15f Foreign Transactions 16 a Name of country or U-S. possession Ill• 16b b Gross income from all sources c Gross income sourced at partner level Foreign gross income sourced at partnership level P090 i... d C0010i r e General category ... IP. I Other Illi. 16c 16f Deductions allocated and apportioned at partner level g Interest expense il• li Other II. k Other P. 16h Deductions allocated and apportioned at partnership level to foreign source income I e fasu itoly O. j General category . IN. 16k I Total foreign taxes (check one): Ill• Paid 0 Accrued U 161 mRed uction in taxes available for credit (attach statement) n Other foreign tax information (attach statement) 16m Alternative Minimum Tax (AMT) Items 17 a Post-1986 depreciation adjustment b Adjusted gain or loss c Depletion (other than oil and gas) d Oil, gas, and geothermal properties - gross income e Oil, gas, and geothermal properties - deductions f Other AMT items (attach statement) 17a 161. 17b 17c 17d 17e 17f Other Information 18 a Tax-exempt interest income b Other tax-exempt income c Nondeductible expenses SEE STATEMENT 7 19 a Distributions of cash and marketable securities b Distributions of other property 20 a Investment income b Investment expenses c Other items and amounts (attach statement) 18a 18b 18c 127,818. 19a 2,250,000. 19b 20a 15,968. 20b 13-3495607 Page 4 Form 1065 (2016) 611041 01-05.1T 4 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806149 Form 1065 (2016) NEXT MANAGEMENT LLC Analysis of Net Income (Loss) 13-3495607 Pages 1 Not income eosS/ GOMM Schedule K. linos 1 Overeat 11. From thoreault. subtract the sum ot Schedule K. I nos 12 thr0141 lad. end 151 2 Analysis by partner type: a General partners b Limited partners 1 I 2,439,375. (I) Corporate (II) Individual (active) (III) Individual (passive) (Iv)Partnership (v)Exempt Organization (vi) Nominee/Other 2,439,375. Schedule L I Balance Sheets per Books Assets 1 Cash 2a Trade notes and accounts receivable b Less allowance for bad debts 9 Inventories 4 U.S. govemment obligations 6 Tax-exempt securities 6 Other current assets (attach statement) 7a LOOM to partnere (Or pages related to partnere( b Mortgage and real estate loans 8 Other investments (attach statement) 9a Buildings and other depreciable assets b Less accumulated depreciation 10a Depletable assets b Less accumulated depletion 11 Land (net of any amortization) 12a Intangible assets (amortizable only) b Less accumulated amortization 13 Other assets (attach statement) 14 Total assets Liabilities and Capital 15 Accounts payable 16 Mortgages, note.. Dade payable elle% than I ) 17 Other current liabilities (attach statement) 18 All nonrecourse loans 19a Loans from partners (or paean related to partnere) b Mortgagee, notes. bonds payable al 1 nag or one 20 Other liabilities (attach statement) 21 Partners' capital accounts 22 Total liabilities and capital Beginning of tax year End of tax year (a) (b) (c) (d) 9,290,056. 3,532,783. 12,760,240. 2,895,029. 9,190,056. 12,660,240. 100,000. 100,000. STATEMENT 8 STATEMENT 9 4,123,029. 4,187,551. 159,432. 235,194. 83,446. 224,591. 726,542. 626,770. 3,396,487. 3,560,781. STATEMENT 10 STATEMENT 11 STATEMENT 12 3,068,607. 2,555,716. 16,760,866. 19,197,540. 12,182,330. 14,451,871. 1,786,832. 1,384,748. 1,620,133. 1,690,964. 1,171,571. 1,669,957. 16,760,866. 19,197,540. I Schedule M-1 Reconciliation of Income (Loss) per Books With Income Loss) per Return Note. The partnership may be required to file Schedule M3 (see instructions) 1 Net income (loss) per books 2 Income included on Schedule K, lines 1,2,3c, 5,6a,7,8,9a,10, and 11, not recorded on books this year (itemize): 2,748,386 . 6 Income recorded on books this year not included on Schedule K, lines 1 through 11(itemize): a Tax-exempt interest $ 60,281. STMT 14 60,281. 3 Guaranteed payments (other than health insurance) 4 Expenses recorded on books MIS year not etcliodoi on Schedule K. linos 1 ilverge 1St aid 161 etomiNo) 7 Deductions included on Schedule K, Nies 1 through 13d, and 161, not charged against book income this year (itemize): a Depreciation $ 529,371. 280,641. STMT 13 148,Z77. STMT 15 529,371. a Depreciation $ 55,231. 8 Add lines6and7 9 Income (loss) (Analysis of Net Income (Loss), line 1). Subtract line 8 from line5 589,652. b Travel and entertainment $ 76,747. 2,439,375. 5 Add lines 1 through 4 3,029,027. Schedule M-21 Analysis of Partners Capital Accounts 1 Balance at beginning of year 2 Capital contributed: a Cash b Properly 3 Net income (loss) per books 4 Other increases (itemize): 1,171,571. 6 Distributions: a Cash b Property 7 Other decreases (itemize): 2,250,000. 2,748,386. 8 Add lines6and 7 9 Balance at one of raw. Subtract ha. 8 tom In, 5 2,250,000. Add lines 1 Ihro 4 3,919,957. 1,669,957. 611042 01-05 5 Form 1065 (2016) 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806150 SCHEDULE M-3 (Form 1065) Depattmeni cil lee Tioar443 Internal Revenue Service Name of partnership Net Income (Loss) Reconciliation for Certain Partnerships ►Attach to Form 1065 or Form 1065-B. IP. Information about Schedule 14-3 (Form 1065) and its instructions is at www.irs.gov/form 1065. OMB No 1545.0123 2016 NEXT MANAGEMENT LLC This Schedule M-3 is being filed because (check all that apply): A LxJ The amount of the partnership's total assets at the end of the tax year is equal to $10 million or more. M The amount of the partnership's adjusted total assets for the year is equal to $10 million or more. If box B is checked, enter the amount of adjusted total assets for the tax year 21,447,540.. C The amount of total receipts for the tax year is equal to $35 million or more. If box Cis checked, enter the total receipts for the tax year D 0 An entity that is a reportable entity partner with respect to the partnership owns or is deemed to own an interest of 50 percent or more in the partnership's capital, profit or loss, on any day during t e tax year of the partnership. Employer identification number 13-3495607 Name of Reportable Entity Partner Identifying Number Maximum Percentage Owned or Deemed Owned E t I Voluntary Filer Part I Financial Information and Net Income (Loss) Reconciliation 1a Did the partnership file SEC Form 10-K for its income statement period ending with or within this tax year? Yes Skip lines lb and lc and complete lines 2 through 11 with respect to that SEC Form 10-K. W No. Go to line lb. See instructions if multiple non-tax-basis income statements are prepared. b Did the partnership prepare a certified audited non-tax-basis income statement for that period? Yes Skip line lc and complete lines 2 through 11 with respect to that income statement. W No. Go to line lc. c Did the partnership prepare a non-tax-basis income statement for that period? M Yes Complete lines 2 through 11 with respect to that income statement. No. Skip lines 2 through 3b and enter the partnership's net income (loss) per its books and records on line 4a. 2 Enter the income statement period: Beginning 0 1/ 01 / 2016 Ending 12/31/2016 3a Has the partnership's income statement been restated for the income statement period on line 2? I= Yes (If 'Yes,' attach a statement and the amount of each item restated.) M No. b Has the partnership's income statement been restated for any of the five income statement periods immediately preceding the period on line 2? Yes (If 'Yes,' attach a statement and the amount of each item restated.) M No. 4a Worldwide consolidated net income (loss) from income statement source identified in Part I, line 1 b Indicate accounting standard used for line 4a (see instructions): 1 GMP 2 El IFRS 3 7O4(b) 4 Tax-basis 5 0 Other (specify)Ob. 5a Net income from nonincludtle foreign entities (attach statement) b Net loss from nonincludible foreign entities (attach statement and enter as a positive amount) 6a Net income from nonincludtle U.S. entities (attach statement) b Net loss from nonincludible U.S. entities (attach statement and enter as a positive amount) 7a Net income (loss) of other foreign disregarded entities (attach statement) b Net income (loss) of other U.S. disregarded entities (attach statement) 8 Adjustment to eliminations of transactions between includible entities and nonincludible entities (attach shot) 9 Adjustment to reconcile income statement period to tax year (attach statement) 10 Other adjustments to reconcile to amount on line 11 (attach statement) 11 Net income (loss) per Income statement of the partnership. Combine lines 4a through 10 Note. Part I, line 11, must equal Pan II, line 26, column (a) or Schedule M-1, line 1 (see instructions . 12 Enter the total amount (not just the partnership's share) of the assets and liabilities of all entities included or removed on the following lines: 4a 2,748,386. 6a ( 61 6b 7a 76 8 9 10 _ 11 a Included on Part I, tine 4 0 Removed on Part I, line 5 c Removed on Part I. line 6 d Included on Part I. line 7 Total Assets Total Liabilities 17,527,583. 19,197,540. 2,748,386. For Paperwork Reduction Act Notice, see the Instructions for your return. 610991 12-14.10 JWA Schedule M-3 (Form 1065) 2016 14370912 758404 PNEXT100 6 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806151 Form 4562 Department ot the Penal/ Interne Revenue Service OS/ Nampa/ Wren on rotum Depreciation and Amortization (Including Information on Listed Property) OTHER Pro Attach to your tax return. ► Information about Form 4562 and Its separate nstruetions is at www.irs.gov/fotm4562. Huniffe“ Cr aCtivrZy to .atiCh t1,15 term !Qatar, O4/S No. 1545-0172 2016 AltaChrtiOnt Sequence No 179 identifying nurarer NEXT MANAGEMENT LLC 13-3495607 Part I I Election To Expense Certain Property Under Section 179 Note: If you have any listed property. complete Part V before you complete Part I. 1 Maximum amount (see instructions) 1 500,000. 2 Total cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in limitation 4 5 6 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter'} Dotra Imitation for tau yea. Subtract lino 4 tom line I. tl we Cc Imo. enter -0-. II moral ging Watery. eat Insinrabil$ 2 3 4 5 64,523. 2,010,000. 500,000. SgarecrIpbon 01 property ON Coal Ibtvanner use only) (C) Meted ant SEE STATEMENT 16 64,523. 64,523. 7 Listed property. Enter the amount from line 29 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 9 Tentative deduction. Enter the smaller of line 5 or line 8 10 Carryover of disallowed deduction from line 13 of your 2015 Form 4562 11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 13 Carryover of disallowed deduction to 2017. Add lines 9 and 10. less line 12 ,, ,,, , Po' Note: Don't use Part II or Part ill below for listed property. Instead. use Part V. I Part II I Special Depreciation Allowance and Other Depreciation (Don't include listed property.) 14 Special depreciation allowance for qualified property (other than [Wed property) placed in service during the tax year 15 Property subject to section 168(0(1) election 16 Other depreciation (including ACRS) I Part III I MACRS Depreciation (Don't include listed property.) (See instructions.) 7 8 9 10 11 12 64,523. 64,523. 500,000. 64,523. 13 14 15 18 25,934. Section A 17 MACRS deductions for assets placed in service in tax years beginning before 2016 17 I 18 you ere electing to gaup any assets placed Si savior Deno the tax yaar into one mom ganetal moat account*. chock hero .. ► n 18,609. Section B - Assets Placed in Service During 2016 Tax Year Using the Gene al Depreciation System IC Cla arlicabon of progeny IC Monet and yea glared service Iola as 10, clenreoraten (usineesInvarment use only - .,00 inbIsuCtIonS) CH lareCneM IWIOCI IC Convention rr,Voirroci lot Damecetial deduction in 19a 3-year property b 5-year property c 7-year property d 10.year property e 15-year property f 20-year property g 25-year property 25 yrs. Sit h Residential rental property / 27.5 yrs. MM St / 27.5 yrs. MM St I Nonresidential real property / 39 yrs. MM St / MM St Section C - Assets Placed In Service During 2016 Tax Year Using the Alternative Depreciation System 20a Class life Sit b 12-year 12 yrs. Sr_ c 40-year / 40 yrs. MM Sit Part IV I Summary (See instructions.) 21 Listed property. Enter amount from line 28 22 Total. Add amounts from line 12. lines 14 through 17, Ines 19 and 20 in column (g). and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporations • see instr. 23 For assets shown above and placed in service during the current year. enter the portion of the basis attributable to section 263A costs 23 21 22 44,543. 615251 17-21-16 LHA For Paperwork Reduction Act Notice, see separate Instructions. 7 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 Form 4562 (2016) EFTA00806152 Form 4562 J2016) NEXT MANAGEMENT LLC 13-3495607 Page 2 I Part V I Listed Property (Include automobiles, certain other vehicles, certain aircraft, certain computers, and property used for entertainment. recreation. or amusement.) Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b. columns (a) through (c) of Section A. all of Section B. and Section C if applicable. Section A - Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24a Do you have evidence to s pport the business/investment use claimed? Li Yes L_I No 24b If 'Yes.' is the evidence written', L_I Yes Li No (a) Type of property (list vehicles first) (b) Date placed in service (c) Business/ investment use percentage (d) Cost or other basis (e) Baas ion:loemcrauon tbusinamonnmatmont Ma onbr) M Recovery period W) Convention (h) Depreciation deduction M Elected section 179 cost 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualified business use 25 26 Property used more than 50% in a qualified business use: 27 Property used 50% or less in a qualified business use: S/L • S/L • 28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 29 Add amounts in column line 26. Enter here and on tine 7. 1 1 29 Section B - Information on Use of Vehicles Complete this section for vehicles used by a sole proprietor. partner, or other "more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles. 1 28 30 Total business/investment miles driven during the year (don'tinclude commuting miles) (a) Vehicle (b) Vehicle (e) Vehicle (d) Vehicle (e) Vehicle M \retitle 31 Total commuting miles driven during the year 32 Total other personal (noncommuting) miles driven 33 Total miles driven during the year. Add Ines 30 through 32 34 Was the vehicle available for personal use during off•cluty hours? Yes No Yes No Yes No Yes No Yes No Yes No 35 Was the vehicle used primarily by a more than 5% owner or related person? 36 Is another vehicle available for personal use? Section C • Questions for Employers Who Provide Vehicles for Use by Their Employees Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren't more than 5% owners or related persons. 37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your employees? 38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners 39 Do you treat all use of vehicles by employees as personal use? 40 Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the vehicles, and retain the information received? 41 Do you meet the requirements concerning qualified automobile demonstration use? Note: If answer to 37, 38, 39, 40, or 41 is 'Yes," don' complete Section B for the covered vehicles I Part VI Amortization (a) (b) lc) (d) (e) I) Dosamtion 01 Coat* Date mortiraton beans Amortizable amount Code SOCtion Anow0 miodoimmwe AillentlatIOn ICI this yew 42 Amortization of costs that begins during your 2016 tax year es N 43 Amortization of costs that began before your 2016 tax year 44 Total. Add amounts in column (f). See the instructions for where to report 43 44 201,053. 201,053. 610252 12-21.16 Form 4562 (2016) 8 14370912 758404 PNEXT10O 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806153 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 ils..so Description Date Acquired Method Life C , • LIN, 14° Unadjusted Cost Or Basis Bus % Excl Section 179 Expense Reduction In Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec 179 Expense Current Year Deduction Ending Accumulated Depreciation No 105 MAINTENANCE (NY) 02/25/04 SL 3.00 16 7,750. D. • OTHER TOTAL OTHER MACHINERY & EQUIPMENT 7,750. 0. 0, 0, 2 COMPUTER EQUIPMENT(NY) 10/31/91 SL 5,00 16 16,816. 16,816. 16,816. O. 16,816. 4 OFFICE EQUIPMENT (NY) 01/04/89 SL 5.00 16 12,215. 12,215. 12,215. D. 12,215. 5 COMPUTER EQUIPMENT (NY) 01/04/89 SL 5,00 16 47,819. 47,819. 47,819, 0. 47,819. 8 OFFICE EQUIPMENT(NY) 07/01/90 SL 5.00 16 6,535. 6, ti lti. D. 11 COMPUTER EQUIPMENT (NY) 01/31/92 SL 5,00 16 8,539. 8,539, 8,539, 0. 8,539, 12 PRINTER (NY) 02/26/93 SL 5.00 16 4,241. 4,241. 4,241. D. 4,241. 13 OFFICE EQUIPMENT (NY) 05/10/93 SL 5,00 16 2,382. 2,382, 2,382, 0. 2,382, 14 OFFICE EQUIPMENT (NY) 10/01/93 SL 5.00 16 2,454. 2,454. 2,454. D. 2,454. 15 COMPUTER EQUIPMENT (NY) 11/01/93 SL 5,00 16 31,034. ..':. 5Cu. 13,534. 13,534. O. 13,534, 23 OFFICE EQUIPMENT (NY) 07/01/95 SL 5.00 16 55,855. 55,855. 55,855. D. 55,855. 28 OFFICE EQUIPMENT (NY) 07/01/96 SL 5,00 16 45,326. 45,326. 45,326. O. 45,326, 42 OFFICE EQUIPMENT (NY) 07/01/98 SL 5.00 16 126,474. 126,474. 126,474. D. 126,474. 50 COMPUTER EQUIPMENT (NY) 07/01/99 SL 5,00 16 202,098. 202,098. 202,098. O. 202,098. 53 COMPUTER EQUIPMENT (NY) 07/01/97 SL 5.00 16 38,206. 38,206. 38,206. D. 38,206. 55 COMPUTER -96 RETIRED 07/01/96 SL 5.00 16 -19,757. -19,757, -19,757, 0. -19,757, 62a III 04.01.16 8.1 (D) Asset disposed ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806154 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 Description Date Acquired Method Life c g v co nadjusted No Cost Or Basis Bus % Excl Section 179 Expense Reduction In Basis Basis For Depreciafion Beginning Accumulated Depreciation Current Sec 179 Expense Current Year Deduction Ending Accumulated Depreciation No 56 COMPUTER EQUIPMENT (NY) 07/01/0C SL 5.00 16 174,341. 174,341. 174,341, D. 174,341. 61 OFFICE EQUIPMENT (NY) 01/01/01 SL 5.00 16 2,014. 2,014. 0. 62 OFFICE EQUIPMENT (NY) 01/01/01 SL 5.00 16 1,959. 1,959. D. 71 COMPUTER EQUIPMENT (NY) 04/10/03 SL 5.00 16 41,698. 41,698. 0. 72 COMPUTER EQUIPMENT (NY) 04/10/03 SL 5.00 16 20,169. 20,169. D. 73 COMPUTER EQUIPMENT (NY) 04/24/03 SL 5.00 16 3,372, 3,372. 0. 74 COMPUTER EQUIPMENT (NY) 05/23/03 SL 5.00 16 4,443. 4,443. D. 75 COMPUTER EQUIPMENT (NY) 06/17/03 SL 5.00 16 6,582. 6,582. 0, 76 COMPUTER EQUIPMENT (NY) 07/22/03 SL 5.00 16 5,359. 5,359. D. 77 COMPUTER EQUIPMENT (NY) 08/06/03 SL 5.00 16 19,961. 19.961. 0, 78 OFFICE EQUIPMENT (NY) 08/22/03 SL 5.00 16 8,045. 4,023. 4,022. 4,022, D. 4,022. 103 COMPUTER EQUIPMENT (NY) 04/01/03 SL 5.00 16 46,500. 13,950. 32,550. 32,550. 0. 32,550. 104 OFFICE EQUIPMENT (NY) 01/05/04 SL 5.00 16 10,835. 10,835. D. 120 OFFICE EQUIPMENT (NY) 02/07/05 SL 5.00 16 6,714. 6,714. O. 121 OFFICE EQUIPMENT (NY) 02/05/05 SL 5.00 16 2,496. 2,496. D. 122 OFFICE EQUIPMENT (NY) 02/15/05 SL 5.00 16 2,086. 2,086. 0. 123 OFFICE EQUIPMENT (NY) 11/01/05 SL 5.00 16 13,164. 13,164. D. 128 OFFICE EQUIPMENT (NY) 02/16/06 SL 5,00 16 9,755, 9,755. O. 628111 0 -01.16 8.2 (D) Asset disposed ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806155 2018 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 ASSOI 140. Description Date Acquired Method Life G n° Line No Unadjusted Cost Or Basis Bus % Excl Section 179 Expense Reduction In Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec 179 Expense Current Year Deduction Ending Accumulated Depreciation 135 OFFICE EQUIPMENT (NY) 05/15/07 SL 5.00 16 39,598. 39,598. D. 136 OFFICE EQUIPMENT (NY) 11/20/07 SL 5.00 16 19,628. 19,628. 0. 143 OFFICE EQUIPMENT (NY) 03/18/08 St 5.00 16 8,967. 8,967. D. 144 OFFICE EQUIPMENT (NY) 05/07/08 SL 5.00 16 16,400. 16,400. 0. 145 OFFICE EQUIPMENT (NY) 07/02/08 St 5.00 16 11,364. 11,364. D. 156 OFFICE EQUIPMENT (NY) 05/31/11 SL 5.00 16 4,382. 4,382. 0. 161 OFFICE EQUIPMENT (NY) 02/22/12 St 5.00 16 6,075. 6,075. D. 162 OFFICE EQUIPMENT (NY) 06/22/12 SL 5.00 16 3,325. 3,325. 0. 163 OFFICE EQUIPMENT (NY) 08/05/13 St 5.00 16 11,001. 11,001. D. 172 OFFICE EQUIPMENT (NY) 03/28/14 SL 5.00 16 22,211. 22,211. 0. • OTHER TOTAL MACHINERY & EQUIPMENT 1,102,681. 335,566. 767,115. 767,115. D. 767,115. • OTHER TOTAL - 1,110,431. 7,750. 335,566. 767,115. 767,115. 0. 767,115. 106 MAINTENANCE (FL) 02/25/04 SL 3.00 16 2,500. 2,500. D. 192 OFFICE EQUIP-FL 08/06/03 200DB 5.00 HY17 2,098. 1,049. 1,049. 1,049. O. 1,049. ' OTHER TOTAL OTHER 4,598. 2,500. 1,049. 1,049. 1,049. D. 1,049. MACHINERY & EQUIPMENT 1 OFFICE EQUIPMENT (FL) 08/31/91 St 5.00 16 12,526. 12,526. 12,526. D. 12,526. OFFICE EQUIPMENT (USED CAR 16 (FL)) 06/01/93 SL 5.00 16 2,500. 2,500. 2,500. D. 2,500. 626111 04.01-16 6.3 (D) Asset disposed • ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806156 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 Ar..c.0 Description Date Acquired Method Life G '.) Lips, No Unadjusted Cost0rBasm Bus ,0 Excl Secfion179 Expense ReductmnIn Basis BasmFor Depmcmfion Mnin Accumulated Depreciation Current Sec179 Expense CunentYear Deduction Endm Accumulated Depreciation No 29 OFFICE EQUIPMENT (FL) 07/01/96 SL 5.00 16 10,695. 10,695. 10,695. D. 10,695. 43 OFFICE EQUIPMENT (FL) 07/01/98 SL 5.00 16 77,109. 77,109. 77,109. 0, 77,109, 51 COMPUTER EQUIPMENT (FL) 07/01/99 SL 5.00 16 45,399. 45,399. 45,399. D. 45,399. 54 COMPUTER EQUIPMENT (FL) 07/01/97 SL 5.00 .6 12,929. 12,929. 12,929. 0, 12,929, 57 COMPUTER EQUIPMENT (FL) 07/01/00 SL 5.00 16 66,827. 66,827. 66,827. D. 66,827. 63 OFFICE EQUIPMENT (FL) 01/01/01 SL 5.00 16 4,899. 4,899. 0, 64 OFFICE EQUIPMENT (FL) 01/01/01 SL 5.00 16 4,244. 4,244. D. 79 OFFICE EQUIPMENT (FL) 04/09/03 SL 5.00 16 11,449. 3,435. 6,014. 6,014. 0, 8,014, 80 OFFICE EQUIPMENT (FL) 04/09/03 SL 5.00 16 5,563. 1,669. 3,894. 3,894. D. 3,894. 81 OFFICE EQUIPMENT (FL) 04/09/03 SL 5.00 16 15,000. 4,500. 10,500, 10,500, 0. 10,500. 82 OFFICE EQUIPMENT (FL) 06/03/03 SL 5.00 16 4,088. 2,044. 2,044. 2,044. D. 2,044. 83 OFFICE EQUIPMENT (FL) 06/30/03 SL 5,00 16 1,880. 940. 940, 940, 0, 940. 84 OFFICE EQUIPMENT (FL) 08/06/03 SL 5.00 16 2,187. 1,093. 1,094. 1,094. D. 1,094. 85 OFFICE EQUIPMENT (FL) 10/02/03 SL 5,00 16 1,639. 819. 820, 820. 0, 820. 86 OFFICE EQUIPMENT (FL) 11/18/03 SL 5.00 16 3,355. 1,678. 1,677. 1,677, D. 1,677. 87 OFFICE EQUIPMENT (FL) 12/31/03 SL 5,00 16 3,596. 1,798. 1,798, 1,798. 0, 1,798, 114 OFFICE EQUIPMENT (FL) 02/07/05 SL 5.00 16 2,110. 2,110, D. 129 OFFICE EQUIPMENT (FL) 02/09/06 SL 5,00 16 5,550. 5,550. 0, 628111 0 -01.16 8.4 (D) Asset disposed ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806157 2018 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 /1.6441 No. Description Date Acquired Method Life G n° Ur* No Unadjusted Cost Or Basis Bus % Exci Section 179 Expense Reduction In Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec 179 Expense Current Year Deduction Ending Accumulated Depreciation 137 OFFICE EQUIPMENT (FL) 05/15/07 SL 5.00 16 11,175. 11,175. D. 138 OFFICE EQUIPMENT (FL) 11/20/07 SL 5.00 16 5,328. 5,328. 0, 146 OFFICE EQUIPMENT (FL) 01/23/08 St 5.00 16 12,116. 12,116. D. 193 COMPUTER EQUIPMENT(FL) • OTHER TOTAL MACHINERY & 10/31/91 SL 5.00 16 1,225. 1,225. 1,225, 0, 1,225. EQUIPMENT 323,389. 63,398, 259,991. 259,991. D. 259,991. • OTHER TOTAL - MACHINERY & EQUIPMENT 327,987. 2,500. 64,447. 261,040. 261,040, 0, 261,040. 52 COMPUTER EQUIPMENT (CA) 07/01/99 SL 5.00 16 69,509. 69,509. 69,509, 0, 69,509. 58 COMPUTER EQUIPMENT (CA) 07/01/0C St 5.00 16 66,027. 66,027. 66,027. D. 66.027. 65 OFFICE EQUIPMENT (CA) 01/01/01 SL 5.00 16 1,161. 1,161. 0, 66 OFFICE EQUIPMENT (CA) 01/01/01 St 5.00 16 1,546. 1,546. D. 67 OFFICE EQUIPMENT (CA) 01/01/01 SL 5.00 16 1,132. 1,132. 0, 68 OFFICE EQUIPMENT (CA) 01/01/01 St 5.00 16 2,273. 2,273. D. 69 OFFICE EQUIPMENT (CA) 07/15/02 SL 5.00 16 4,569. 4,569. 0, 88 OFFICE EQUIPMENT (CA) 04/09/03 St 5.00 16 17,211. 5.163. 12,048. 12,048. D. 12,048. 89 OFFICE EQUIPMENT (CA) 04/16/03 SL 5.00 16 15,000. 4,500. 10,500. 10,500. 0, 10,500. 90 OFFICE EQUIPMENT (CA) 06/30/03 St 5.00 16 6,016. 3.008. 3,008. 3,008. D. 3,008. 91 OFFICE EQUIPMENT (CA) 12/31/03 SL 5,00 16 2,420. 1,210, 1,210. 1,210, 0, 1,210. 626111 04.01-16 8.5 (D) Asset disposed • ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806158 2O16 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 40:-.M No Description Date Acquired Method Life G (.) Lire No Unadjusted Cost Or Basis Bus % Excl Secfion179 Expense Reductionln Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec179 Expense Current Year Deduction Ending Accumulated Depreciation 107 OFFICE EQUIPMENT (CM 09/29/04 SL 5.00 16 8,646. 8,646. D. 113 OFFICE EQUIPMENT (CA) 01/01/04 SL 5.00 16 2,500. 2,500. 0. 115 OFFICE EQUIPMENT (CA) 03/16/05 SL 5.00 16 1,984. 1.984. D. 139 OFFICE EQUIPMENT (CA) 05/15/07 SL 5.00 16 8,293. 8,293. 0. 140 OFFICE EQUIPMENT (CA) 11/20/07 SL 5.00 16 3,084. ?.n-4. D. 147 OFFICE EQUIPMENT (CA) 01/23/08 SL 5.00 16 14,069. 0. 157 OFFICE EQUIPMENT (CA) 11/14/11 SL 5.00 16 13,425. D. 180 OFFICE EQUIPMENT (CA) 12/31/15 200D 5.00 HY17 35,905. ,-, 0. 195 OFFICE EQUIPMENT (CA) 04/26/16 200D 5.00 HY19)1 4,927. 4,927. 4.927. • OTHER TOTAL MACHINERY & EQUIPMENT 279,697. 40,832. 74,563. 162,302. 162,302. 4 927 , • 4,927. 162 302. ' OTHER TOTAL - 279,697. 40 832 , . 76 563. 162 302. 162 302. 4,927. 4,927. 162,302. BUILDINGS 6 LEASEHOLD IMPROVEMENT (NY) 01/04/89 SL 5.00 16 25,209. 25,209. 25,209. D. 25,209. 9 LEASEHOLD IMPROVEMENT (NY) 07/01/90 SL 31.0 16 33,158. 33,158. 33,158. 0. 33,158. 17 LEASEHOLD IMPROVEMENT (NY) 02/28/94 SL 39.0 )42017 8,179. 8,179. 4,384. 21D. 4,594. 18 LEASEHOLD IMPROVEMENT (NY) 04/30/94 SL 39.0 1007 2,319. 2,319. 1,222. 59. 1,281. 19 LEASEHOLD IMPROVEMENT (NY) 07/31/94 SL 39.0 NV17 10,964. 10,964. 5,749. 281. 6,03D. 20 LEASEHOLD IMPROVEMENT (NY) 08/31/94 SL 39.0 MM17 32,074. 32,074. 16,749. 822. 17,571, 628111 0 -01-16 8.6 (D) Asset disposed ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806159 2018 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 &Wit No Description Date Acquired Method Life ,, n v um No Unadjusted CostOrBasis Bus % Excl Section179 Expense Reductionln Bash BasisFor Depreciation Beginning Accumulated Depreciation CurreM Sec179 Expense CurrentYear Deduction Ending Accumulated Depreciation 21 LEASEHOLD IMPROVEMENT (NY) 10/30/94 SL 39.00 )41,17 11,325. 11,325. 5,861. 29D. 6,151. 22 LEASEHOLD IMPROVEMENT (NY) 11/30/94 SL 39.00 1007 12,425. 12,425. 6,420. 319. 6,739. 24 LEASEHOLD IMPROVEMENT (NY) 07/01/95 SL 39.00 )41,17 12,155. 12,155. 6,417. 312. 6,729. 30 LEASEHOLD IMPROVEMENT (NY) 07/01/96 SL 39.00 1007 54,075. 54,075. 26,970. 1,386. 28,356. 34 LEASEHOLD IMPROVEMENT (NY) 07/01/97 SL 39.00 )41,17 55,400. 55, 400 , 26,212. I , 42D. 27,632. 37 LEASEHOLD IMPROVEMENT (NY) 11/22/98 SL 39.00 1007 11,700. 11,700. 5,138. 300. 5,436. 47 LEASEHOLD IMPROVEMENT (NY) 07/01/99 SL 39.00 )41,17 112,785. 112,785. 47,599. 2,892. 50,491. 59 LEASEHOLD IMPROVEMENT (NY) 07/01/00 SL 39.00 1007 37,330. 37,330. 14,794, 957. 15,751. 92 LEASEHOLD IMPROVEMENT (NY) 06/22/03 St 39.00 )41,17 103,492. 51,746. 51,746. 16,643. 1,327. 17,970. 93 LEASEHOLD IMPROVEMENT (NY) 07/24/03 SL 39.00 MM17 26,080. 13,040. 13,040. 4,161, 334. 4,495. 94 LEASEHOLD IMPROVEMENT (NY) 08/12/03 St 39.00 M1017 17,758. 8,879. 8,879. 2,822. 228. 3,050. 95 LEASEHOLD IMPROVEMENT (NY) 09/18/03 SL 39.00 MM17 128,435. 64,218. 64,217, 20,245, 1,647. 21,892. 96 LEASEHOLD IMPROVEMENT (NY) 10/28/03 St 39.00 M1017 16,767. 8,384. 8,383. 2,625. 215. 2,840. 97 LEASEHOLD IMPROVEMENT (NY) 11/19/03 SL 39.00 1007 41,981. 20,991. 20,990. 6,523. 538, 7,061, 108 LEASEHOLD IMPROVEMENT (NY) 01/16/04 SL 39.00 )41,17 5,649. 2,825. 2,824. 861. 72. 933. 109 LEASEHOLD IMPROVEMENT (NY) 02/17/04 SL 39.00 1007 7,686. 3,843. 3,843. 1,175. 99. 1,274, 110 LEASEHOLD IMPROVEMENT (NY) 12/31/04 150DB 15.00 HYI7 25,000. 12,500. 12,500. 9,587. 739. 10,326. 130 LEASEHOLD IMPROVEMENT (NY) 02/21/06 150DB 15.00 HY17 10,485„ 10,485. 7,080. 620, 7,700, 628111 04-01-16 8.7 (D) • Asset disposed • ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806160 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 As.so Description Date Acquired Method Life G g up,' No Unadjusted Cost Or Basis Bus ,0 Excl Secfion179 Expense Reductionln Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec179 Expense Current Year Deduction Ending Accumulated Depreciation No 131 LEASEHOLD IMPROVEMENT (NY) 03/03/06 150DB 15.0 HY17 21,461. 21,461. 14,489. 1,268. 15,757. 148 LEASEHOLD IMPROVEMENT (NY) 02/12/08 150DB 15.0 HY17 11,736. 5,868. 5,868, 3,079. 347. 3,426. 149 LEASEHOLD IMPROVEMENT (NY) 12/19/08 150DB 15.0 HY17 16,000. 8,000. 8,000. 3,803. 473. 4,276. 153 LEASEHOLD IMPROVEMENT (NY) 07/01/10 150DB 15.0 HY17 75,753. 75,753. 0. 155 LEASEHOLD IMPROVEMENT (NY) 11/14/11 150DB 15.0 HY17 11,227. 11,227. D. 158 LEASEHOLD IMPROVEMENT (NY) 05/04/12 150DB 15.0 HY17 4,167. 4,167. 0. 159 LEASEHOLD IMPROVEMENT (NY) 11/10/12 150DB 15.0 HY17 14 D59. 14,059. D. 164 LEASEHOLD IMPROVEMENT (NY) 09/19/13 150DB 15.0 HY17 131,030. 131,030. 0, 165 LEASEHOLD IMPROVEMENT (NY) 12/17/13 150DB 15.0 HY17 9,633. 9,633. D. 166 LEASEHOLD IMPROVEMENT (NY) 12/31/13 150DB 15.0 HY17 100,954. 100,954, 0. 173 LEASEHOLD IMPROVEMENT (NY) 02/27/14 150DB 15.0 HY17 12,760. 12,760. D. 174 LEASEHOLD IMPROVEMENT (NY) 06/04/14 150DB 15.0 HY17 156,004. 156,004, 0, 181 LEASEHOLD IMPROVEMENT (NY) 08/05/15 150DB 15.0 HY17 63,396. 63,396. D. • OTHER TOTAL BUILDINGS 1,430,611. 578,983. 200,294. 651,334. 318,975. 17,155. 336,130, ' OTHER TOTAL - 1,430,611. 578,983. 200,294. 651,334. 318,975. 17,155. 338,13D. BUILDINGS 38 LEASEHOLD IMPROVEMENT (FL) 08/28/98 St 39.0C MY17 i Q Ls. . 29,553. 13,171. 758. 13,929. 167 LEASEHOLD IMPROVEMENT (FL) 09/26/13 150DB 15.0 HY17 13,994. 13 994 . • D. 628111 0 -01.16 8.8 (D) Asset disposed ITC. Salvage. Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806161 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 /461/01 Description Date Acquired Method Life G g ur4 No Unadjusted Cost Or Basis Bus ,0 Excl Secfion179 Expense Reductionln Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec179 Expense Current Year Deduction Ending Accumulated Depreciation NO 182 LEASEHOLD IMPROVEMENT (FL) 09/25/15 150DB 15.0 HY17 25,179. 25,179. D. • OTHER TOTAL BUILDINGS 68,726. 39,173. 29,553, 13,171, 758, 13,929, ' OTHER TOTAL - 68,726. 39,173. 29,553. 13,171. 758. 13,929. 196 LEASEHOLD IMPROVEMENT (CA) 01/05/16 150DB 15,0 HY19E 11,130. 11,130. 11,130, 11,130, 197 LEASEHOLD IMPROVEMENT (CA) 03/23/16 150DB 15.0 HY19E 25,305. 25,305. 25,305. 25,305. 198 LEASEHOLD IMPROVEMENT (CA) 06/14/16 150DB 15,0 HY19E 10,561. 10,561. 10 561 , • 10,561. ' OTHER TOTAL OTHER 46,996. 46,996. 0. 0. 46,996. 46,996. D. BUILDINGS 25 LEASEHOLD IMPROVEMENT (CA) 07/01/95 SL 39.0 H1017 11,498. 11,498. 6,067. 295. 6,362. 116 LEASEHOLD IMPROVEMENT (CA) 02/24/05 150DB 15.0 HY17 6,000. 6,000. 4,407, 354. 4,761. 117 LEASEHOLD IMPROVEMENT (CA) 03/21/05 150DB 15.0 HY17 800. 800. 586. 47. 633. 160 LEASEHOLD IMPROVEMENT (CA) 09/16/12 150DB 15.0 HY17 5,285. -.;-,-,. 0. 168 LEASEHOLD IMPROVEMENT (CA) 08/31/13 150DB 15.0 HY17 21,300. i D. 183 LEASEHOLD IMPROVEMENT (CA) 06/26/15 150DB 15.0 HY17 44,230. 0. ' OTHER TOTAL BUILDINGS 89,113. 18,298. 11,060. 696. 11,756. ' OTHER TOTAL - FURNITURE & FIXTURES 136,109. l' n 18,298. 11,060. 46,996. 47,692. 11,756, 3 FURNITURE & FIXTURES (NY) 05/31/91 SL 7.00 16 4,775. 4,775, 4,775, 0, 4,775, 628111 04.01.16 8,9 (D) Asset disposed ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806162 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 r Description Date Acquired Method Life C ,, um N° Unadjusted CostOrBasis Bus % Excl Section 179 Expense Beductionin Basis BasisFor Depreciation Beginning Accumulated Depreciation CureM Sec179 Expense CullentYear Deduction Endm Accumulated Depreciation 7 FURNITURE & FIXTURES (NY) 01/04/89 St 5.00 16 26,013. 26,013. 26,013. D. 26,013. 10 FURNITURE & FIXTURES (NY) 07/01/90 SL 7.00 16 4,541 . 3,465. 1,076, 1,076. 0. 1,076, 26 FURNITURE & FIXTURES (NY) 07/01/95 SL 7.00 16 31,451. 31,451. 31,451. D. 31,451. 31 FURNITURE & FIXTURES (NY) 07/01/96 SL 7.00 16 35,874. 17,500. 18,374, 18,374. 0. 18,374, 35 FURNITURE & FIXTURES (NY) 07/01/97 SL 7.00 16 8,872. 8.872, D. 39 FURNITURE & FIXTURES (NY) 07/01/98 SL 7,00 16 12,254. 12,254, 12,254. 0. 12,254, 48 FURNITURE & FIXTURES (NY) 07/01/99 SL 7.00 16 66,766. 66,766. 66,766. D. 66,766. 60 FURNITURE & FIXTURES (NY) 07/01/00 SL 7,00 16 39,506. 39,506, 39,506. 0. 39,506, 70 FURNITURE & FIXTURES (NY) 04/30/02 SL 7.00 16 12,000. D. 98 FURNITURE & FIXTURES (NY) 11/25/03 SL 7,00 16 3,598. 1,799, 1,799, 1,799, 0. 1,799. 99 FURNITURE & FIXTURES (NY) 12/04/03 SL 7.00 16 28,027. 14,014. 14,013. 14,013. D. 14,013. 100 FURNITURE & FIXTURES (NY) 08/08/03 SL 7,00 16 48,543. 24,272, 24,271, 24,271, 0. 24,271. 101 FURNITURE & FIXTURES (NY) 09/26/03 St 7.00 16 3,874. 1,937. 1,937. 1,937. D. 1,937. 102 FURNITURE & FIXTURES (NY) 12/08/03 SL 7,00 16 7,275. 3,638. 3,637, 3,637, 0. 3,637. 111 FURNITURE & FIXTURES (NY) 11/23/04 St 7.00 16 6,001. 6,001, D. 112 FURNITURE & FIXTURES (NY) 01/30/04 SL 7,00 16 165. 165. 0. 124 FURNITURE & FIXTURES (NY) 01/20/05 St 7.00 16 6,215. 6,215. D. 125 FURNITURE & FIXTURES (NY) 03/11/05 SL 7,00 16 111, 111, 0. 628111 04.01.16 8.10 (D) • Assot disposed • ITC. Salvage. Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806163 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 Ar.so Description Date Acquired Method Life G '.) Lips, No Unadjusted Cost0rBasm Bus ,0 Excl Secfion179 Expense Reductionln Basis BasmFor Depmcmfion BegMnMg Accumulated Depreciation Current Sec179 Expense CurrentYear Deduction Endmg Accumulated Depreciation No 126 FURNITURE & FIXTURES (NY) 06/17/05 SL 7.00 16 8,440. 8,440. D. 127 FURNITURE & FIXTURES (NY) 07/14/05 SL 7.00 16 936. 936. 0. 134 FURNITURE & FIXTURES (NY) 03/14/06 SL 7.00 16 4,664. 4,664. D. 141 FURNITURE & FIXTURES (NY) 02/14/07 SL 7.00 16 4,881. 4,881. 0. 142 FURNITURE & FIXTURES (NY) 05/15/07 SL 7.00 16 6,610. 6,610, D. 150 FURNITURE & FIXTURES (NY) 05/07/08 SL 7.00 16 3,542. 3,542. 0. 151 FURNITURE & FIXTURES (NY) 12/26/08 SL 7.00 16 4,400. 4,400. D. 152 FURNITURE & FIXTURES (NY) 01/23/09 SL 7.00 16 4,400. 4,400. 0. 154 FURNITURE & FIXTURES (NY) 01/14/10 SL 5.00 16 1,214. 1,214. D. 169 FURNITURE & FIXTURES (NY) 08/08/13 SL 7.00 16 39,929. 39,929. 0. 170 FURNITURE & FIXTURES (NY) 12/31/13 SL 7.00 16 11,688. 11,688. D. 175 FURNITURE & FIXTURES (NY) 01/10/14 SL 7.00 16 23,085. 23,085. 0. 176 FURNITURE & FIXTURES (NY) 02/14/14 St 7.00 16 41,566. 41,566, D. 177 FURNITURE & FIXTURES (NY) 05/07/14 SL 7.00 16 17,813. 17,813. 0. 185 FURNITURE & FIXTURES (NY) 07/01/15 200DB 7.00 rim 8,706. a 706 , • D. . OTHER TOTAL FURNITURE & FIXTURES 527,735. 8,706, 273,157. 245,872. 245,872. 0. 245,872. ' OTHER TOTAL - FURNITURE & FIXTURES 527,735. 8,706. 273,157. 245,872, 245,872. D. 245,872. 626111 04.01.16 U) Asset disposed ITC. Salvage. Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806164 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 Description Date Acquired Method Life C g v co nadjusted No Cost Or Basis Bus % Excl Sedon 179 Expense Reduction In Basis Basis For Depreciafion Beginning Accumulated Depreciation Current Sec 179 Expense Current Year Deduction Ending Accumulated Depreciation No 32 FURNITURE & FIXTURES (FL) 07/01/96 St 7.00 16 16,528. 16,528. 16,528. D. 16,528. 36 FURNITURE & FIXTURES (FL) 07/01/97 SL 7.00 16 1,952. 1,952. 0. 40 FURNITURE & FIXTURES (FL) 07/01/98 SL 7.00 16 21,639. 21,639, 21,639. D. 21,639. 49 FURNITURE & FIXTURES (FL) 07/01/99 SL 7.00 16 1,953. 1,953. 1,953. 0, 1,953, 132 FURNITURE & FIXTURES (FL) 05/15/06 SL 7.00 16 2,789. D. 133 FURNITURE & FIXTURES (FL) 07/20/06 SL 7,00 16 2,999. 2,797. 0. 171 FURNITURE & FIXTURES (FL) 01/29/13 SL 7.00 16 2,825. 2, n ti. D. 178 FURNITURE & FIXTURES (FL) 07/10/14 SL 7,00 16 7,196. 7,196. 0. 184 FURNITURE & FIXTURES (FL) 10/12/15 200D 7.00 Mr1.7 3,778, 3 778 , • D. 194 FURNITURE & FIXTURES (FL) ' OTHER TOTAL FURNITURE & 06/01/91 SL 7,00 16 16,047. 16,047. 16,047, 0. 16,047. FIXTURES 77,706. 3,778. 17761. 56,167, 56,167. D. 56,167. • OTHER TOTAL - FURNITURE & FIXTURES 77,706. 3,778, 17,761. 56,167. 56,167, 0. 56,167. 27 FURNITURE & FIXTURES (CA) 07/01/95 St 7.00 16 16,832. 16,832. 16,832. 0. 16,832, 33 FURNITURE & FIXTURES 07/01/96 St 7.00 16 6,256. 6,256. 6,256. D. 6,256. 41 FURNITURE & FIXTURES (CA) 07/01/98 SL 7.00 16 13,092. 13,092. 13,092. 0, 13,092, 118 FURNITURE & FIXTURES (CA) 03/16/05 St 7.00 16 6,191. 6,191. D. 119 FURNITURE & FIXTURES (CA) 04/29/05 SL 7.00 16 7,975. 7,975. 0, 628111 0 -01.16 8.12 (D) Asset disposed ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806165 2016 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 44.:91 Description Date Acquired Method Life G g Lira N. Unadjusted Cost Or Basis Bus ,0 Excl Secfion179 Expense Reduction In Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec179 Expense Current Year Deduction Ending No Accumulated Depreciation ' OTHER TOTAL FURNITURE & FIXTURES 50,346. 14,166. 36,180. 36,180. 0. 36,180. • OTHER TOTAL - MACHINERY & EQUIPMENT 50,346. 14,166. 36,180. 36,180, 0, 36,180., 179 SOFTWARE (NY) 01/22/15 SL 3.00 16 155,603. 77,802. 77,801. 23,773. 25,934. 49,707. ' OTHER TOTAL MACHINERY & EQUIPMENT 155,603. 77,802. 77,801. 23,773. 25,934. 49,707. • OTHER TOTAL - 155,603. 77,802, 77,801. 23,773. 25,934. 49,707. 187 ORGANIZATION COSTS 01/04/89 709 60M 43 26,951. 76,951. 26,951. D. 26,951. 188 START-UP COSTS 07/16/92 195 60M 43 26,000. 26,000. 26,000. 0. 26,000. 189 START-UP COSTS 07/01/92 195 60M 43 25,000. 25,000. 25,000. D. 25,00D. 190 COVENANT NOT TO COMPETE 10/31/10 197 180M 43 3,000,000. 3,000,000.1,033,333. 200,000.1,233,333. 191 ORGANIZATION COSTS 06/15/15 709 180X 43 15,790. 15,790. 614. 1,053. 1,667. ' OTHER TOTAL OTHER 3,093,741. 3,093,741.1,111,898. 201,053.1,312,951. BUILDINGS 186 LEASEHOLD IMPROVEMENT (MET) 07/01/15 150DB 15.0 HY17 10,000. 10,000. 0.I 199 LEASEHOLD IMPROVEMENT (MET) 05/28/16 150DB 15.0 HY196 12,600. 12,600. 12,600. 12,600. • OTHER TOTAL BUILDINGS 22,600. 22,600. 0. 0. 12,600. 12,600. 0. ' OTHER TOTAL - 3,116,341. 22,600. 3,093,741.1,111,898. 12,600. 213,653.1,312,951. ' GRAND TOTAL OTHER DEPR & AMORT 7,281,292. 822 133 , • L 059 756 „ • 5 399 403 , , • 3 007 553 , , • 64 523 , • 310 119 . • 3 253 149 „ • 628111 04.01.16 (D) Asset disposed ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806166 2018 DEPRECIATION AND AMORTIZATION REPORT OTHER 1 AnW No. Description Date Acquired Method Ide n uns No. Unadjusted Cost Or Basis Bus % Excl Section 179 Expense Reduction In Basis Basis For Depreciation Beginning Accumulated Depreciation Current Sec 179 Expense Current Year Deduction Ending Accumulated Depreciation CURRENT YEAR ACTIVITY BEGINNING BALANCE 7,216,769. 757,610.1,059,756. 5,399,403.3,007,553. 3,253,149, ACQUISITIONS 64,523. 64,523. 0. 0. 0. D. DISPOSITIONS O. 0. 0. 0. 0. ENDING BALANCE 822 133 . • 059 756 ,, . • 5 399 403 . . • 3 007 553 „ - 628111 04.01.16 D) • Asset disposed • ITC. Salvage Bonus. Commercial Revitalization Deduction. GO Zone EFTA00806167 Form 4562 Department ot Ito Treab4Y Interne/ Revenue Service 1001 Names/ Wenn on Mum BOOK Depreciation and Amortization (Including Information on Listed Property) OTHER ► Attach to your tax return. ► Information about Form 4562 and its separate nstruetions is at www.irs.gov/fotm4562. HuSira:S Cr aCtivrZy to wIliCh ml, term roWAIOS 04AS No. 1545-0172 2016 AltSChttliOlt Sequence No 179 identifying nurrner NEXT MANAGEMENT LLC 13-3495607 Part I I Election To Expense Certain Property Under Section 179 Note: If you have any listed property. complete Part V before you complete Part I. 1 Maximum amount (see instructions) 2 Total cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in limitation 4 Reduction in limitation. Subtract Ina 3 from line 2. If zero or less, enter'} 5 Dollar Imitation tor tax year. Subtract lino 4 tom line I. N Zere Cr Nee. enter -0-. II married Medi ssoseat.y.540InetruCtkin$ 1 500,000. 2 3 2,010,000. 4 5 6 (a)Dewlptlon 01 poverty IINCoel Dwane% use only) (C) Elected COCA 64,523. 7 Listed property. Enter the amount from line 29 8 Total elected cost of section 179 property. Add amounts in column (c), 9 Tentative deduction. Enter the smaller of line 5 or line 8 10 Carryover of disallowed deduction from line 13 of your 2015 Form 4562 11 Business income limitation. Enter the smaller of business income (not 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter 13 Carryover of disallowed deduction to 2017. Add lines 9 and 10. less 7 lines 6 and 7 less than zero) or lie 5 more than line 11 8 9 64,523. 10 11 12 64,523. line 12 ,, ,,, , 90' 13 Note: Don't use Part II or Part III below for listed property. Instead. use Part V. I Part II I Special Depreciation Allowance and Other Depreciation (Don't include listed property.) 14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year 15 Property subject to section 168(0(1) election 16 Other depreciation (including ACRS) 14 15 18 25,934. I Part III I MACRS Depreciation (Don't include listed property.) (See Instructions.) Section A 17 MACRS deductions for assets placed in service In tax years beginning 18 It you era electing to yew any assets planed Si service thong tn. tax yox into one or TOO before 2016 hero n 17 I 18,609. wend asset accounts. chock Section B - Assets Placed in Service During 2016 Tax Year Using the Gene al Depreciation System IC Clationcation oe popery,' (bl Month and yew placed in %tyke NI Basis 10, d4PfaCiatiOn (uslooesonverament use onN - ono ineliuCtiOne) pe ROCCinty IWICon IC Convention In Method 191 DOIXOCIatkel deduction 19a Syear property b 5-year property c 7-year property d 10.year property e 15-year property f 20-year property g 25-year property 25 yrs. Sit h Residential rental property / 27.5 yrs. MM St / 27.5 yrs. MM St I Nonresidential real property / 39 yrs. MM St / MM Sit Section C - Assets Placed In Service During 2016 Tax Year Using the Alternative Depreciation System 20a Class life Sit b 12.year 12 yrs. S/L c 40-year / 40 yrs. MM Sit Part IV I Summary (See instructions.) 21 Listed property. Enter amount from line 28 22 Total. Add amounts from line 12. lines 14 through 17, Ines 19 and 20 in column (g). and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporations • see instr. 23 For assets shown above and placed in service during the current year. enter the portion of the basis attributable to section 263A costs 23 21 22 109,066. 615251 17-21-I6 LHA For Paperwork Reduction Act Notice, see separate Instructions. 8.15 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 Form 4562 (2016) EFTA00806168 Form 4562 J2016) NEXT MANAGEMENT LLC 13-3495607 Page 2 I Part V I Listed Property (Include automobiles, certain other vehicles, certain aircraft, certain computers, and property used for entertainment. recreation. or amusement.) Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a. 24b. columns (a) through (c) of Section A. all of Section B. and Section C if applicable. Section A - Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24a Do you have evidence to s pport the business/investment use claimed? I__I Yes L_I No 24b If *Yes." is the evidence written? LJ Yes LJ No (a) Type of property (b) Date placed in (c) Business/ investment (d) Cost or (e) Bale; hreopeociation tbustricoAsnuestmont (1) Recovvy (9) Method/ (h) Depreciation () Elected section 179 (list vehicles first) service use percentage other basis 1O Only) period Convention deduction cost 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualified business use 25 26 Property used more than 50% in a qualified business use: 27 Property used 50% or less in a qualified business use: S/L • S/L • 28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 29 Add amounts in column 0). line 26. Enter here and on line 7. page 1 Section B - Information on Use of Vehicles Complete this section for vehicles used by a sole proprietor. partner, or other "more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles. 28 28 30 Total business/investment miles driven during the year (don'tinclude commuting miles) (a) Vehicle (b) Vehicle (e) Vehicle (d) Vehicle (e) Vehicle if) Vehicle 31 Total commuting miles driven during the year 32 Total other personal (noncommuting) miles driven 33 Total miles driven during the year. Add lines 30 through 32 34 Was the vehicle available for personal use during off•cluty hours? Yes No Yes No Yes No Yes No Yes No Yes No 35 Was the vehicle used primarily by a more than 5% owner or related person? 36 Is another vehicle available for personal use? Section C • Questions for Employers Who Provide Vehicles for Use by Their Employees Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren't more than 5% owners or related persons. 37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your employees? 38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners 39 Do you treat all use of vehicles by employees as personal use? 40 Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the vehicles, and retain the information received? 41 Do you meet the requirements concerning qualified automobile demonstration use? Note: If our answer to 37, 38, 39, 40, or 41 is 'Yes," don' complete Section B for the covered vehicles I Part Amortization (a) (b) (c) (d) (e) I) Doscnottoo of costs Sat anottiraton Armor tizoblO Code Anow0 ATOP:M.1110n begin amount "coon miodoimmwe to' Me yogi 42 Amortization of costs that begins during your 2016 tax year OS N 43 Amortization of costs that began before your 2016 tax year 44 Total. Add amounts in column (f). See the instructions for where to report 43 44 201,053. 201,053. 616252 1i-21.16 Form 4562 (2016) 8.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806169 Worksheet for Adjusted Current Earnings Adjustments for Corporate and Partnership Partners Name of partnership NEXT MANAGEMENT LLC mobs Identification numtor 13-3495607 1. Additions to AMTI: a. Depreciation recomputed for MAT purposes b. Tax-exempt interest income c. Amortization of IRC 173 d. Depletion for post-1989 properties e. Intangible drilling costs deducted from AMTI 108,905. f. Total additions to AMTI 2. Deductions: a. Depreciation recomputed for ACE purposes b. Depletion recomputed for ACE purposes c. ACE iitangible drilling costs 108,905. 108,905. d. Total deductions 3. Other adjustments: a. Basis adjustments from sales or exchanges b. Other adjustments 108,905. c. Total other adjustments 4. Total adjustments to AMTI for ACE calculation. Combine lines If, 2d and 3c 0. 612151 05-02.16 8.17 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806170 NEXT MANAGEMENT LLC 13-3495607 FORM 1065 INCOME (LOSS) FROM OTHER PARTNERSHIPS, ETC. STATEMENT 1 NAME AND ADDRESS TWO TWELVE MANAGEMENT, LLC EMPLOYER ID AMOUNT 20-1354409 137,818. TOTAL TO FORM 1065, LINE 4 137,818. FORM 1065 OTHER INCOME STATEMENT 2 DESCRIPTION AMOUNT FOREIGN EXCHANGE -156,411. TOTAL TO FORM 1065, LINE 7 -156,411. FORM 1065 TAX EXPENSE STATEMENT 3 DESCRIPTION AMOUNT CA LOCAL BUSINESS TAXES CALIFORNIA TAXES - OTHER FL COMMERCIAL RENT TAX NEW YORK CITY TAXES - BASED ON INCOME NY COMMERCIAL RENT TAX PAYROLL TAXES 19,097. 800. 1,683. 110,586. 22,190. 617,919. TOTAL TO FORM 1065, LINE 14 772,275. FORM 1065 OTHER DEDUCTIONS STATEMENT 4 DESCRIPTION AMOUNT ADMINISTRATIVE - OTHER 125,542. ADVERTISING 76,268. AMORTIZATION EXPENSE 201,053. BANK CHARGES 81,145. CLEANING SERVICE 46,123. COMMISSIONS EXPENSE 1,945,477. COMPUTER EXPENSE 56,901. CONSULTING FEES 530,543. 14370912 758404 PNEXT100 9 STATEMENT(S) 1, 2, 3, 4 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806171 NEXT MANAGEMENT LLC 13-3495607 DUES & SUBSCRIPTIONS FILING FEES INSURANCE 11,192. 8,815. 127,474. MEALS AND ENTERTAINMENT 76,748. MODEL EXPENSES 36,973. OFFICE 147,920. OVERHEAD REIMBURSEMENT -1,325,013. PAYROLL FEES 15,273. POSTAGE & DELIVERY 11,747. PRINTING EXPENSE 52,768. PROFESSIONAL FEES 331,530. SCOUTING EXPENSE 14,890. TELEPHONE EXPENSE 198,608. TRAVEL 758,595. UTILITIES 31,395. TOTAL TO FORM 1065, LINE 20 3,561,967. SCHEDULE K INTEREST INCOME STATEMENT 5 DESCRIPTION U.S. BONDS OTHER INTEREST - TWO TWELVE MANAGEMENT, LLC 218. TWO TWELVE MANAGEMENT LLC 15,750. TOTAL TO SCHEDULE K, LINE 5 15,968. SCHEDULE K CHARITABLE CONTRIBUTIONS STATEMENT 6 DESCRIPTION CHARITABLE DONATIONS CONTRIBUTIONS - TWO TWELVE MANAGEMENT, LLC TYPE AMOUNT CASH (50%) CASH (50%) 5,978. 6,534. TOTALS TO SCHEDULE K, LINE 13A 12,512. 14370912 758404 PNEXT100 10 STATEMENT(S) 4, 5, 6 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806172 NEXT MANAGEMENT LLC 13-3495607 SCHEDULE K NONDEDUCTIBLE EXPENSE STATEMENT 7 DESCRIPTION AMOUNT ASSESSMENTS 434. EXCLUDED MEALS AND ENTERTAINMENT EXPENSES 76,747. NONDEDUCTIBLE EXPENSE FROM PASSTHROUGH 50,637. TOTAL TO SCHEDULE K, LINE 18C 127,818. SCHEDULE L OTHER CURRENT ASSETS STATEMENT 8 DESCRIPTION PREPAID EXPENSES TOTAL TO SCHEDULE L, LINE 6 BEGINNING OF END OF TAX TAX YEAR YEAR 159,432. 235,194. 159,432. 235,194. SCHEDULE L OTHER INVESTMENTS STATEMENT 9 DESCRIPTION INVESTMENT IN TWO TWELVE MANAGEMENT LLC TOTAL TO SCHEDULE L, LINE 8 BEGINNING OF END OF TAX TAX YEAR YEAR 83,446. 224,591. 83,446. 224,591. SCHEDULE L OTHER ASSETS STATEMENT 10 BEGINNING OF END OF TAX DESCRIPTION TAX YEAR YEAR DEFERRED TAX ASSET 64,000. 51,000. DEPOSITS 43,931. 41,596. DUE FROM AFFLIATES 1,313,624. 827,056. DUE FROM MODELS 1,607,052. 1,596,064. RESTRICTED CASH 40,000. 40,000. TOTAL TO SCHEDULE L, LINE 13 3,068,607. 2,555,716. 11 STATEMENT(S) 7, 8, 9, 10 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806173 NEXT MANAGEMENT LLC 13-3495607 SCHEDULE L OTHER CURRENT LIABILITIES STATEMENT 11 DESCRIPTION BEGINNING OF END OF TAX TAX YEAR YEAR ACCRUED EXPENSES 1,786,832. CITY ACCRUED TAX TOTAL TO SCHEDULE L, LINE 17 1,355,362. 29,386. 1,786,832. 1,384,748. SCHEDULE L OTHER LIABILITIES STATEMENT 12 DESCRIPTION ADVANCES FROM AFFLIATES DEFERRED RENT - LONG TERM DUE TO RELATED PARTY TOTAL TO SCHEDULE L, LINE 20 BEGINNING OF END OF TAX TAX YEAR YEAR 8,342. 135,009. 1,476,782. 8,342. 222,660. 1,459,962. 1,620,133. 1,690,964. SCHEDULE M-1 EXPENSES RECORDED ON BOOKS NOT DEDUCTED IN RETURN STATEMENT 13 DESCRIPTION AMOUNT ASSESSMENTS 434. NONDEDUCTIBLE EXPENSES FROM PASSTHROUGH 50,637. RENT EXPENSE 84,592. STATE / LOCAL DEFERRED INCOME TAX 13,000. TOTAL TO SCHEDULE M-1, LINE 4 148,663. SCHEDULE M-1 INCOME RECORDED ON BOOKS NOT INCLUDED ON RETURN STATEMENT 14 DESCRIPTION AMOUNT TWO TWELVE MANAGEMENT, LLC 60,281. TOTAL TO SCHEDULE M-1, LINE 6 60,281. 14370912 758404 PNEXT100 12 STATEMENT(S) 11, 12, 13, 14 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806174 NEXT MANAGEMENT LLC 13-3495607 SCHEDULE M-1 DEDUCTIONS ON RETURN NOT CHARGED AGAINST BOOKS STATEMENT 15 DESCRIPTION AMOUNT SALARIES AND WAGES 328,318. AMORTIZATION 201,053. TOTAL TO SCHEDULE M-1, LINE 7 529,371. FORM 4562 PART I - SECTION 179 EXPENSE STATEMENT 16 (A) DESCRIPTION OF PROPERTY (C) (B) ELECTED COST COST OFFICE EQUIPMENT (CA) 4,927. 4,927. LEASEHOLD IMPROVEMENT (CA) 11,130. 11,130. LEASEHOLD IMPROVEMENT (CA) 25,305. 25,305. LEASEHOLD IMPROVEMENT (CA) 10,561. 10,561. LEASEHOLD IMPROVEMENT (MET) 12,600. 12,600. TOTAL TO FORM 4562, PART I, LINE 6 64,523. 64,523. 13 STATEMENT(S) 15, 16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806175 ALTERNATIVE MINIMUM TAX DEPRECIATION REPORT A.554 Description Date A quired AMT Method AMT Life AMT Cost Or Basis MIT Accumulated ACE Cost Or Basis Regular Depreciation WIT Depreciation ACE Depreciation 192AFFICE EQUIP -FL 08060320010B5.00 2,098. 1,049. 2,098. 0. 0. 0. 1800FFICE EQUIPMENT (CA) 123115150DB5.00 35,905. 0. 35,905. 0. 0. 0. 1954OFFICE EQUIPMENT (CA) 042616200DB5.00 4,927. 0. 4,927. 4,927. 4,927. 4,927. LEASEHOLD IMPROVEMENT 17(NY) 022894SL 40.00 8,179. 4,463. 8,179. 210. 204. 204. LEASEHOLD IMPROVEMENT 18(NY) 043094SL 40.00 2,319. 1,259. 2,319. 59. 58. 58. LEASEHOLD IMPROVEMENT I 19(NY) 073194SL 40.00 10,964. 5,880. 10,964. 281. 274. 274. LEASEHOLD IMPROVEMENT 20(NY) 083194SL 40.00 32,074. 17,143. 32,074. 822. 802. 802. LEASEHOLD IMPROVEMENT 21(NY) 103094SL 40.00 11,325. 6,002. 11,325. 290. 283. 283. LEASEHOLD IMPROVEMENT 22(NY) 113094SL 40.00 12,425. 6,570. 12,425. 319. 311. 311. LEASEHOLD IMPROVEMENT 24(NY) 070195SL 40.00 12,155. 6,219. 12,155. 312. 304. 304. LEASEHOLD IMPROVEMENT 30(NY) 070196SL 40.00 54,075. 26,308. 54,075. 1,386. 1,352. 1,352. LEASEHOLD IMPROVEMENT 34(NY) 070197SL 40.00 55,400. 25,565. 55,400. 1,420. 1,385. 1,385. LEASEHOLD IMPROVEMENT I 37(NY) 112298SL 40.00 11,700. 5,018. 11,700. 300. 293. 293. LEASEHOLD IMPROVEMENT 47(NY) 070199SL 39.00 112,785. 47,599. 112,785. 2,892. 2,892. 2,892. LEASEHOLD IMPROVEMENT 59(NY) 070100SL 39.00 37,330. 14,794. 37,330. 957. 957. 957. LEASEHOLD IMPROVEMENT 92(NY) 062203SL 39.00 51,746. 16,643. 51,746. 1,327. 1,327. 1,327. LEASEHOLD IMPROVEMENT 93(NY) 07240ISL 39.00 13,040. 4,161. 13,040. 334. 334. 334. LEASEHOLD IMPROVEMENT 94(NY) 081203SL 39.00 8,879. 2,822. 8,879. 228. 228. 228. 6P8,01 04-01-16 13.1 EFTA00806176 ALTERNATIVE MINIMUM TAX DEPRECIATION REPORT _N i Description Date A quired AMT Method AMT Life AMT Cost Or Basis AMT Accumulated ACE Cost Or Basis Regular Depreciation AMT Depreciation ACE Depreciation LEASEHOLD IMPROVEMENT 95(NY) 091803SL 39.00 64,217. 20,245. 64,217. 1,647. 1,647. 1,647. LEASEHOLD IMPROVEMENT 96(NY) 102801SL 39.00 8,383. 2,625. 8,383. 215. 215. 215. LEASEHOLD IMPROVEMENT 97(NY) 111903SL 39.00 20,990. 6,523. 20,990. 538. 538. 538. LEASEHOLD IMPROVEMENT 108(NY) 011604SL 39.00 2,824. 861. 2,824. 72. 72. 72. LEASEHOLD IMPROVEMENT 109(NY) 021704SL 39.00 3,843. 1,175. 3,843. 99. 99. 99. LEASEHOLD IMPROVEMENT 110(NY) 123104150DR15.00 12,500. 9,587. 12,500. 739. 739. 739. LEASEHOLD IMPROVEMENT 130(NY) 022106150D815.00 10,485. 7,080. 10,485. 620. 619. 619. LEASEHOLD IMPROVEMENT 131(NY) 030306150D815.00 21,461. 14,490. 21,461. 1,268. 1,267. 1,267. LEASEHOLD IMPROVEMENT 148(NY) 021208150DR15.00 5,868. 3,079. 5,868. 347. 347. 347. LEASEHOLD IMPROVEMENT 149(NY) 121908150DR15.00 8,000. 3,803. 8,000. 473. 473. 473. LEASEHOLD IMPROVEMENT 153(NY) 070110150DR15.00 75,753. 0. 75,753. 0. 0. 0. LEASEHOLD IMPROVEMENT 155(NY) 111411150DEU5.00 11,227. 0. 11,227. 0. 0. 0. LEASEHOLD IMPROVEMENT 158(NY) 050412:150DR15.00 4,167. 0. 4,167. 0. 0. 0. LEASEHOLD IMPROVEMENT 159(NY) 11101450DR15.00 14,059. 0. 14,059. 0. 0. 0. LEASEHOLD IMPROVEMENT 164(NY) 091913150DR15.00 131,030. 0. 131,030. 0. 0. 0. LEASEHOLD IMPROVEMENT 165(NY) 121713150DEU5.00 9,633. 0. 9,633. 0. 0. 0. LEASEHOLD IMPROVEMENT 166(NY) 123113150DR15.00 100,954. 0. 100,954. 0. 0. 0. 04-0,-16 13.2 EFTA00806177 ALTERNATIVE MINIMUM TAX DEPRECIATION REPORT Af.Sol Description Date A quired AMT Method AMT Life AMT Cost Or Basis AMT Accumulated ACE Cost Or Basis Regular Depreciation AMT Depreciation ACE Depreciation LEASEHOLD IMPROVEMENT 173(NY) 022714150D 5.00 12,760. 0. 12,760. 0. 0. 0. LEASEHOLD IMPROVEMENT 174(NY) 060414.150D 5.00 156,004. 0. 156,004. 0. 0. 0. LEASEHOLD IMPROVEMENT 181(NY) 080515150D 5.00 63,396. 0. 63,396. 0. 0. 0. LEASEHOLD IMPROVEMENT 38(FL) 082898.SL 0.00 29,553. 12,840. 29,553. 758. 739. 739. LEASEHOLD IMPROVEMENT 167(FL) 092613150D 5.00 13,994. 0. 13,994. 0. 0. 0. LEASEHOLD IMPROVEMENT 182(FL) 092515150D 5.00 25,179. 0. 25,179. 0. 0. 0. LEASEHOLD IMPROVEMENT 196(CA) 010516150D 5.00 11,130. 0. 11,130. 11,130. 11,130. 11,130. LEASEHOLD IMPROVEMENT 197(CA) 032316150D 5.00 25,305. 0. 25,305. 25,305. 25,305. 25,305. LEASEHOLD IMPROVEMENT 198(CA) 061416150D 5.00 10,561. 0. 10,561. 10,561. 10,561. 10,561. LEASEHOLD IMPROVEMENT 25(CA) 070195SL 0.00 11,498. 5,872. 11,498. 295. 287. 287. LEASEHOLD IMPROVEMENT 116(CA) 022405150D 5.00 6,000. 4,407. 6,000. 354. 354. 354. LEASEHOLD IMPROVEMENT 117(CA) 032105150D 5.00 800. 586. 800. 47. 48. 48. LEASEHOLD IMPROVEMENT 160(CA) 091614150D 5.00 5,285. 0. 5,285. 0. 0. 0. LEASEHOLD IMPROVEMENT 168(CA) 083113150D 5.00 21,300. 0. 21,300. 0. 0. 0. LEASEHOLD IMPROVEMENT 183(CA) 062615150D 5.00 44,230. 0. 44,230. 0. 0. 0. 185FURNITURE & FIXTURES (NY)070115150D .00 8,706. 0. 8,706. 0. 0. 0. 184FURNITURE & FIXTURES (FL)101215150D .00 3,778. 0. 3,778. 0. 0. 0. 179SOFTWARE (NY) 012215SL 3.00 155,603. 23,773. 155,603. 25,934. 25,934. 25,934. 6P8,01 04-01-16 13.3 EFTA00806178 ALTERNATIVE MINIMUM TAX DEPRECIATION REPORT Ace.al No Description Date A quired AMT Method AMT Life AMT Cost Or Basis AMT Accumulated ACE Cost Or Basis Regular Depreciation AMT Depreciation ACE Depreciation LEASEHOLD IMPROVEMENT 186(MET) 070115150DB15.00 10,000. 0. 10,000. 0. 0. 0. LEASEHOLD IMPROVEMENT 199(MET) 052816150D815.00 12,600. 0. 12,600. 12,600. 12,600. 12,600. TOTALS 1,610,402. 308,441. 1,610,402, 109,066. 108,905. 108,905. MACRS AMT ADJUSTMENT 161. 628,07 13.4 EFTA00806179 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC Assai Description Date Acquir d Method Life boo NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction 105MAINTENANCE (NY) 022504SL 3.00 16 7,750. 7,750. 0. * OTHER TOTAL OTHER 7,750. 7,750. 0. 0. MACHINERY & EQUIPMENT COMPUTER 2EQUIPMENT(NY) 103191SL 5.00 16 16,816. 16,816. 16,816. 0. OFFICE EQUIPMENT 4(NY) 010489SL 5.00 16 12,215. 12,215. 12,215. 0. COMPUTER EQUIPMENT 5(NY) 010489SL 5.00 16 47,819. 47,819. 47,819. 0. OFFICE &EQUIPMENT(NY) 070190SL 5.00 16 6,535. 6,535. 0. COMPUTER EQUIPMENT 11(NY) 013192SL 5.00 16 8,539. 8,539. 8,539. 0. 1ZPRINTER (NY) 02269ISL 5.00 16 4,241. 4,241. 4,241. 0. OFFICE EQUIPMENT 13(NY) 05109ISL 5.00 16 2,382. 2,382. 2,382. 0. OFFICE EQUIPMENT 14(NY) 10019ISL 5.00 16 2,454. 2,454. 2,454. 0. COMPUTER EQUIPMENT 15(NY) 11019ISL 5.00 16 31,034. 17,500. 13,534. 13,534. 0. OFFICE EQUIPMENT 23(NY) 070195SL 5.00 16 55,855. 55,855. 55,855. 0. OFFICE EQUIPMENT 28(NY) 070196SL 5.00 16 45,326. 45,326. 45,326. 0. OFFICE EQUIPMENT 42(NY) 07019&SL 5.00 16 126,474. 126,474. 126,474. 0. COMPUTER EQUIPMENT 50(NY) 070199SL 5.00 16 202,098. 202,098. 202,098. 0. COMPUTER EQUIPMENT 53(NY) 070197SL 5.00 16 38,206. 38,206. 38,206. 0. COMPUTER -96 55IRETIRED 070196SL 5.00 16 -19,757. -19,757. -19,757. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806180 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC As.s4i No Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction COMPUTER EQUIPMENT 56(NY) 070100SL 5.00 16 174,341. 174,341. 174,341. 0. OFFICE EQUIPMENT 61(NY) 010101SL 5.00 16 2,014. 2,014. 0. OFFICE EQUIPMENT 62(NY) 010101SL 5.00 16 1,959. 1,959. 0. COMPUTER EQUIPMENT 71(NY) 041001SL 5.00 16 41,698. 41,698. 0. COMPUTER EQUIPMENT 72(NY) 041001SL 5.00 16 20,169. 20,169. 0. COMPUTER EQUIPMENT 73(NY) 042403SL 5.00 16 3,372. 3,372. 0. COMPUTER EQUIPMENT 74(NY) 052301SL 5.00 16 4,443. 4,443. 0. COMPUTER EQUIPMENT 75(NY) 061703SL 5.00 16 6,582. 6,582. 0. COMPUTER EQUIPMENT 76(NY) 072201SL 5.00 16 5,359. 5,359. 0. COMPUTER EQUIPMENT 77(NY) 080601SL 5.00 16 19,961. 19,961. 0. OFFICE EQUIPMENT 78(NY) 082201SL 5.00 16 8,045. 4,023. 4,022. 4,022. 0. COMPUTER EQUIPMENT 103(NY) 040101SL 5.00 16 46,500. 13,950. 32,550. 32,550. 0. OFFICE EQUIPMENT 104(NY) 010504SL 5.00 16 10,835. 10,835. 0. OFFICE EQUIPMENT 120(NY) 020705SL 5.00 16 6,714. 6,714. 0. OFFICE EQUIPMENT 121(NY) 020505SL 5.00 16 2,496. 2,496. 0. OFFICE EQUIPMENT 122(NY) 021505SL 5.00 16 2,086. 2,086. 0. OFFICE EQUIPMENT 123(NY) 110105SL 5.00 16 13,164. 13,164. 0. OFFICE EQUIPMENT 128(NY) 021606SL 5.00 16 9,755. 9,755. 0. 628,O) 04.01-16 fl assetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806181 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC AssAi No Description Date Acquir d Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 135(NY) 051507SL 5.00 16 39,598. 39,598. 0. OFFICE EQUIPMENT 136(NY) 11200TSL 5.00 16 19,628. 19,628. 0. OFFICE EQUIPMENT 143(NY) 03180&SL 5.00 16 8,967. 8,967. 0. OFFICE EQUIPMENT 144(NY) 05070&SL 5.00 16 16,400. 16,400. 0. OFFICE EQUIPMENT 145(NY) 07020&SL 5.00 16 11,364. 11,364. 0. OFFICE EQUIPMENT 156(NY) 053111SL 5.00 16 4,382. 4,382. 0. OFFICE EQUIPMENT 161(NY) 022212SL 5.00 16 6,075. 6,075. 0. OFFICE EQUIPMENT 162(NY) 062212SL 5.00 16 3,325. 3,325. 0. OFFICE EQUIPMENT 163(NY) 080513SL 5.00 16 11,001. 11,001. 0. OFFICE EQUIPMENT 172(NY) 032814SL 5.00 16 22,211. 22,211. 0. * OTHER TOTAL MACHINERY AND EQUIP 1,102,681. 335,566. 767,115. 767,115. 0. * OTHER TOTAL - 1,110,431. 343,316. 767,115. 767,115. 0. 106MAINTENANCE (FL) 022504SL 3.00 16 2,500. 2,500. 0. 192OFFICE EQUIP-FL 080603200DB5.00 17 2,098. 1,049. 1,049. 1,049. 0. * OTHER TOTAL OTHER 4,598. 3,549. 1,049. 1,049. 0. MACHINERY & EQUIPMENT OFFICE EQUIPMENT 1(FL) 083191SL 5.00 16 12,526. 12,526. 12,526. 0. OFFICE EQUIPMENT 16(USED CAR (FL)) 060193SL 5.00 16 2,500. 2,500. 2,500. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806182 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC As.s4i '43 Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec Current Year Deduction OFFICE EQUIPMENT 29(FL) 070196SL 5.00 16 10,695. 10,695. 10,695. 0. OFFICE EQUIPMENT 43(FL) 07019&SL 5.00 16 77,109. 77,109. 77,109. 0. COMPUTER EQUIPMENT 51(FL) 070199,SL 5.00 16 45,399. 45,399. 45,399. 0. COMPUTER EQUIPMENT 54(FL) COMPUTER EQUIPMENT 07019751, 5.00 16 12,929. 12,929. 12,929. 0. 57(FL) 070100SL 5.00 16 66,827. 66,827. 66,827. 0. OFFICE EQUIPMENT 63(FL) 010101SL 5.00 16 4,899. 4,899. 0. OFFICE EQUIPMENT 64(FL) 010101SL 5.00 16 4,244. 4,244. 0. OFFICE EQUIPMENT 79(FL) 040901SL 5.00 16 11,449. 3,435. 8,014. 8,014. 0. OFFICE EQUIPMENT 80(FL) 040901SL 5.00 16 5,563. 1,669. 3,894. 3,894. 0. OFFICE EQUIPMENT 81(FL) 040901SL 5.00 16 15,000. 4,500. 10,500. 10,500. 0. OFFICE EQUIPMENT 82(FL) 060301SL 5.00 16 4,088. 2,044. 2,044. 2,044. 0. OFFICE EQUIPMENT 83(FL) 063001SL 5.00 16 1,880. 940. 940. 940. 0. OFFICE EQUIPMENT 84(FL) 080601SL 5.00 16 2,187. 1,093. 1,094. 1,094. 0. OFFICE EQUIPMENT 85(FL) 100201SL 5.00 16 1,639. 819. 820. 820. 0. OFFICE EQUIPMENT 86(FL) 111801SL 5.00 16 3,355. 1,678. 1,677. 1,677. 0. OFFICE EQUIPMENT 87(FL) 123103SL 5.00 16 3,596. 1,798. 1,798. 1,798. 0. OFFICE EQUIPMENT 114(FL) 020705SL 5.00 16 2,110. 2,110. 0. OFFICE EQUIPMENT 129(FL) 020906SL 5.00 16 5,550. 5,550. 0. 628107 04.01-16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806183 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec Current Year Deduction OFFICE EQUIPMENT 137(FL) 051507SL 5.00 16 11,175. 11,175. 0. OFFICE EQUIPMENT 138(FL) 112007SL 5.00 16 5,328. 5,328. 0. OFFICE EQUIPMENT 146(FL) 01230&SL 5.00 16 12,116. 12,116. 0. COMPUTER 191EQUIPMENT(FL) 103191SL 5.00 16 1,225. 1,225. 1,225. 0. * OTHER TOTAL MACHINERY AND EQUIP 323,389. 63,398. 259,991. 259,991. 0. * OTHER TOTAL - 327,987. 66,947. 261,040. 261,040. 0. MACHINERY & EQUIPMENT COMPUTER EQUIPMENT 52(CA) 070199SL 5.00 16 69,509. 69,509. 69,509. 0. COMPUTER EQUIPMENT 58(CA) 070100SL 5.00 16 66,027. 66,027. 66,027. 0. OFFICE EQUIPMENT 65(CA) 010101SL 5.00 16 1,161. 1,161. 0. OFFICE EQUIPMENT 66(CA) 010101SL 5.00 16 1,546. 1,546. 0. OFFICE EQUIPMENT 67(CA) 010101SL 5.00 16 1,132. 1,132. 0. OFFICE EQUIPMENT 68(CA) 010101SL 5.00 16 2,273. 2,273. 0. OFFICE EQUIPMENT 69(CA) 071502SL 5.00 16 4,569. 4,569. 0. OFFICE EQUIPMENT 88(CA) 040903SL 5.00 16 17,211. 5,163. 12,048. 12,048. 0. OFFICE EQUIPMENT 89(CA) 041601SL 5.00 16 15,000. 4,500. 10,500. 10,500. 0. OFFICE EQUIPMENT 90(CA) 063003SL 5.00 16 6,016. 3,008. 3,008. 3,008. 0. OFFICE EQUIPMENT 91(CA) 123103SL 5.00 16 2,420. 1,210. 1,210. 1,210. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806184 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i No Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 107(CA) 092904SL 5.00 16 8,646. 8,646. 0. OFFICE EQUIPMENT 113(CA) 010104SL 5.00 16 2,500. 2,500. 0. OFFICE EQUIPMENT 115(CA) 031605SL 5.00 16 1,984. 1,984. 0. OFFICE EQUIPMENT 139(CA) 051507SL 5.00 16 8,293. 8,293. 0. OFFICE EQUIPMENT 140(CA) 112007SL 5.00 16 3,084. 3,084. 0. OFFICE EQUIPMENT 147(CA) 012308SL 5.00 16 14,069. 14,069. 0. OFFICE EQUIPMENT 157(CA) 111411SL 5.00 16 13,425. 13,425. 0. OFFICE EQUIPMENT 180(CA) 123115200DB5.00 17 35,905. 35,905. 0. OFFICE EQUIPMENT 195(CA) 042616200DB5.00 19B 4,927. 4,927. 4,927. 4,927. * OTHER TOTAL MACHINERY AND EQUIP 279,697. 117,395. 162,302. 162,302. 4,927. 4,927. * OTHER TOTAL - 279,697. 117,395. 162,302. 162,302. 4,927. 4,927. BUILDINGS LEASEHOLD 6IMPROVEMENT (NY) 010489SL 5.00 16 25,209. 25,209. 25,209. 0. LEASEHOLD 9IMPROVEMENT (NY) 070190SL 31.0016 33,158. 33,158. 33,158. 0. LEASEHOLD 17IMPROVEMENT (NY) 022894SL 39.0017 8,179. 8,179. 4,384. 210. LEASEHOLD 18IMPROVEMENT (NY) 043094SL 39.0017 2,319. 2,319. 1,222. 59. LEASEHOLD 19IMPROVEMENT (NY) 073194SL 39.0017 10,964. 10,964. 5,749. 281. LEASEHOLD 20IMPROVEMENT (NY) 083194SL 39.0017 32,074. 32,074. 16,749. 822. 6)6+m of-01- 16 nassetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806185 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC A.Pol Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction LEASEHOLD 21IMPROVEMENT (NY) 103094SL 39.0017 11,325. 11,325. 5,861. 290. LEASEHOLD 22IMPROVEMENT (NY) 113094SL 39.0017 12,425. 12,425. 6,420. 319. LEASEHOLD 24IMPROVEMENT (NY) 070195SL 39.0017 12,155. 12,155. 6,417. 312. LEASEHOLD 30IMPROVEMENT (NY) 070196SL 39.0017 54,075. 54,075. 26,970. 1,386. LEASEHOLD 34IMPROVEMENT (NY) 070197SL 39.0017 55,400. 55,400. 26,212. 1,420. LEASEHOLD 37IMPROVEMENT (NY) 112298SL 39.0017 11,700. 11,700. 5,138. 300. LEASEHOLD 47IMPROVEMENT (NY) 070199SL 39.0017 112,785. 112,785. 47,599. 2,892. LEASEHOLD 59IMPROVEMENT (NY) 070100SL 39.0017 37,330. 37,330. 14,794. 957. LEASEHOLD 92IMPROVEMENT (NY) 062203SL 39.0017 103,492. 51,746. 51,746. 16,643. 1,327. LEASEHOLD 93IMPROVEMENT (NY) 072403SL 39.0017 26,080. 13,040. 13,040. 4,161. 334. LEASEHOLD 94IMPROVEMENT (NY) 081203SL 39.0017 17,758. 8,879. 8,879. 2,822. 228. LEASEHOLD 95IMPROVEMENT (NY) 091803SL 39.0017 128,435. 64,218. 64,217. 20,245. 1,647. LEASEHOLD 96IMPROVEMENT (NY) 102803SL 39.0017 16,767. 8,384. 8,383. 2,625. 215. LEASEHOLD 97IMPROVEMENT (NY) 111903SL 39.0017 41,981. 20,991. 20,990. 6,523. 538. LEASEHOLD 108IMPROVEMENT (NY) 011604SL 39.0017 5,649. 2,825. 2,824. 861. 72. LEASEHOLD 109IMPROVEMENT (NY) 021704SL 39.0017 7,686. 3,843. 3,843. 1,175. 99. LEASEHOLD 110IMPROVEMENT (NY) 123104150DB15.0017 25,000. 12,500. 12,500. 9,587. 739. LEASEHOLD 1300MPROVEMENT (NY) 022106150DB15.0017 10,485. 10,485. 7,080. 620. 628162 04.01.16 (D) Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806186 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC Acr.al No Degivtion Date Mowed Method Life too No Unadjusted Cog Or Basis Bus % b(0 Reduction In Basis Basis For Depreciation Accumulated Depreciation Current sec179 Current Year Deduction LEASEHOLD 131IMPROVEMENT (NY) 030306150DB15.0017 21,461. 21,461. 14,489. 1,268. LEASEHOLD 148IMPROVEMENT (NY) 021208150DB15.0017 11,736. 5,868. 5,868. 3,079. 347. LEASEHOLD 149IMPROVEMENT (NY) 121908150DB15.0017 16,000. 8,000. 8,000. 3,803. 473. LEASEHOLD 153IMPROVEMENT (NY) 070110150DB15.0017 75,753. 75,753. 0. LEASEHOLD 155IMPROVEMENT (NY) 111411150DB15.0017 11,227. 11,227. 0. LEASEHOLD 158IMPROVEMENT (NY) 050412150DB15.0017 4,167. 4,167. 0. LEASEHOLD 159IMPROVEMENT (NY) 111012150DB15.0017 14,059. 14,059. 0. LEASEHOLD 164IMPROVEMENT (NY) 091913150DB15.0017 131,030. 131,030. 0. LEASEHOLD 165IMPROVEMENT (NY) 121713150DB15.0017 9,633. 9,633. 0. LEASEHOLD 166IMPROVEMENT (NY) 123113150DB15.0017 100,954. 100,954. 0. LEASEHOLD 173IMPROVEMENT (NY) 022714150DB15.0017 12,760. 12,760. 0. LEASEHOLD 174IMPROVEMENT (NY) 060414150DB15.0017 156,004. 156,004. 0. LEASEHOLD 181IMPROVEMENT (NY) 080515150DB15.0017 63,396. 63,396. 0. * OTHER TOTAL BUILDINGS 1,430,611. 779,277. 651,334. 318,975. 17,155. * OTHER TOTAL - 1,430,611. 779,277. 651,334. 318,975. 17,155. BUILDINGS LEASEHOLD 38IMPROVEMENT (FL) 082898SL 39.0017 29,553. 29,553. 13,171. 758. LEASEHOLD 167IMPROVEMENT (FL) 092613150DB15.0017 13,994. 13,994. 0. 628107 04.01-16 nassMdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806187 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC Acel Descivhon Date Acquired Method life L 00 No Unadjusted Cog Or Basis Bus % b(0 Reduction In Basis Basis For Depreciation Accumulated Depreciation Current sec179 Current Year Deduction 182IMPROVEMENT LEASEHOLD (FL) 092515150DB15.0017 25,179. 25,179. 0. * OTHER TOTAL BUILDINGS 68,726. 39,173. 29,553. 13,171. 758. * OTHER TOTAL - 68,726. 39,173. 29,553. 13,171. 758. LEASEHOLD 196IMPROVEMENT (CA) 010516150DB15.0019E 11,130. 11,130. 11,130. 11,130. LEASEHOLD 197IMPROVEMENT (CA) 032316150DB15.0019E 25,305. 8,943. 16,362. 8,943. 9,761. LEASEHOLD 198IMPROVEMENT (CA) 061416150DB15.0019E 10,561. 10,561. 528. * OTHER TOTAL OTHER 46,996. 20,073. 26,923. 20,073. 21,419. BUILDINGS LEASEHOLD 25IMPROVEMENT (CA) 070195SL 39.0017 11,498. 11,498. 6,067. 295. LEASEHOLD 116IMPROVEMENT (CA) 022405150DB15.0017 6,000. 6,000. 4,407. 354. LEASEHOLD 117IMPROVEMENT (CA) 032105150DB15.0017 800. 800. 586. 47. LEASEHOLD 160IMPROVEMENT (CA) 091612150DB15.0017 5,285. 5,285. 0. LEASEHOLD 168IMPROVEMENT (CA) 083113150DB15.0017 21,300. 21,300. 0. LEASEHOLD 183IMPROVEMENT (CA) 062615150DB15.0017 44,230. 44,230. 0. * OTHER TOTAL BUILDINGS 89,113. 70,815. 18,298. 11,060. 696. * OTHER TOTAL - 136,109. 90,888. 45,221. 11,060.20,073. 22,115. FURNITURE & FIXTURES FURNITURE & 3FIXTURES (NY) 05319LSL 7.00 16 4,775. 4,775. 4,775. 0. 628162 04.01.16 (D) -Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806188 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC :.se-41 w1 Description Ma k Date d method Life Loo No Unadjusted Cost Or Basis Bus % b(0 Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Current'fear Sec 179 Deduction FURNITURE & 7FIXTURES (NY) 010489SL 5.00 16 26,013. 26,013. 26,013. 0. FURNITURE & "MIXTURES (NY) 070190SL 7.00 16 4,541. 3,465. 1,076. 1,076. 0. FURNITURE & 26FIXTURES (NY) 070195SL 7.00 16 31,451. 31,451. 31,451. 0. FURNITURE & 31FIXTURES (NY) 070196SL 7.00 16 35,874. 17,500. 18,374. 18,374. 0. FURNITURE & 35FIXTURES (NY) 070197SL 7.00 16 8,872. 8,872. 0. FURNITURE & 39FIXTURES (NY) 070198SL 7.00 16 12,254. 12,254. 12,254. 0. FURNITURE & 48FIXTURES (NY) 070199SL 7.00 16 66,766. 66,766. 66,766. 0. FURNITURE & 6OFIXTURES (NY) 070100SL 7.00 16 39,506. 39,506. 39,506. 0. FURNITURE & 7aFIXTURES (NY) 043002SL 7.00 16 12,000. 12,000. 0. FURNITURE & 98FIXTURES (NY) 112503SL 7.00 16 3,598. 1,799. 1,799. 1,799. 0. FURNITURE & 99FIXTURES (NY) 120403SL 7.00 16 28,027. 14,014. 14,013. 14,013. 0. FURNITURE & 100FIXTURES (NY) 080803SL 7.00 16 48,543. 24,272. 24,271. 24,271. 0. FURNITURE & 101FIXTURES (NY) 092603SL 7.00 16 3,874. 1,937. 1,937. 1,937. 0. FURNITURE & 102FIXTURES (NY) 120803SL 7.00 16 7,275. 3,638. 3,637. 3,637. 0. FURNITURE & 111FIXTURES (NY) 112304SL 7.00 16 6,001. 6,001. 0. FURNITURE & 112FIXTURES (NY) 013004SL 7.00 16 165. 165. 0. FURNITURE & 124FIXTURES (NY) 012005SL 7.00 16 6,215. 6,215. 0. FURNITURE & 125FIXTURES (NY) 031105SL 7.00 16 111. 111. 0. 628107 04411-16 (C)assetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806189 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC :.se-41 wt Description Ma k Date d Method Life L00 No Cost Unadjusted Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction FURNITURE & 126FIXTURES (NY) 061705SL 7.00 16 8,440. 8,440. 0. FURNITURE & 127FIXTURES (NY) 071405SL 7.00 16 936. 936. 0. FURNITURE & 134FIXTURES (NY) 031406SL 7.00 16 4,664. 4,664. 0. FURNITURE & 141FIXTURES (NY) 021407SL 7.00 16 4,881. 4,881. 0. FURNITURE & 142FIXTURES (NY) 051507SL 7.00 16 6,610. 6,610. 0. FURNITURE & 15OFIXTURES (NY) 050708SL 7.00 16 3,542. 3,542. 0. FURNITURE & 151FIXTURES (NY) 122608SL 7.00 16 4,400. 4,400. 0. FURNITURE & 152FIXTURES (NY) 012309SL 7.00 16 4,400. 4,400. 0. FURNITURE & 154FIXTURES (NY) 01141OSL 5.00 16 1,214. 1,214. 0. FURNITURE & 169FIXTURES (NY) 080813SL 7.00 16 39,929. 39,929. 0. FURNITURE & 17OFIXTURES (NY) 123113SL 7.00 16 11,688. 11,688. 0. FURNITURE & 175FIXTURES (NY) 011014SL 7.00 16 23,085. 23,085. 0. FURNITURE & 176FIXTURES (NY) 021414SL 7.00 16 41,566. 41,566. 0. FURNITURE & 177FIXTURES (NY) 050714SL 7.00 16 17,813. 17,813. 0. FURNITURE & 185FIXTURES (NY) 070115200DB7.00 17 8,706. 8,706. 0. * OTHER TOTAL FURNITURE AND FIXTU 527,735. 281,863. 245,872. 245,872. 0. * OTHER TOTAL - 527,735. 281,863. 245,872. 245,872. 0. FURNITURE & FIXTURES 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806190 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC :.se-41 wt Description Ma k Date d method Life L00 No Cost Unadjusted Or Basis Bus % b(0 Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Current'fear Sec 179 Deduction FURNITURE & 32FIXTURES (FL) 070196SL 7.00 16 16,528. 16,528. 16,528. 0. FURNITURE & 367IXTURES (FL) 070197SL 7.00 16 1,952. 1,952. 0. FURNITURE & 40'FIXTURES (FL) 070198SL 7.00 16 21,639. 21,639. 21,639. 0. FURNITURE & 49FIXTURES (FL) 070199SL 7.00 16 1,953. 1,953. 1,953. 0. FURNITURE & 132FIXTURES (FL) 051506SL 7.00 16 2,789. 2,789. 0. FURNITURE & 133FIXTURES (FL) 072006SL 7.00 16 2,999. 2,999. 0. FURNITURE & 171FIXTURES (FL) 012913SL 7.00 16 2,825. 2,825. 0. FURNITURE & 178FIXTURES (FL) 071014SL 7.00 16 7,196. 7,196. 0. FURNITURE & 184FIXTURES (FL) 101215200DB7.00 17 3,778. 3,778. 0. FURNITURE & 194FIXTURES (FL) 060191SL 7.00 16 16,047. 16,047. 16,047. 0. * OTHER TOTAL FURNITURE AND FIXTU 77,706. 21,539. 56,167. 56,167. 0. * OTHER TOTAL - 77,706. 21,539. 56,167. 56,167. 0. FURNITURE & FIXTURES FURNITURE & 27FIXTURES (CA) 070195SL 7.00 16 16,832. 16,832. 16,832. 0. FURNITURE & 33FIXTURES 070196SL 7.00 16 6,256. 6,256. 6,256. 0. FURNITURE & 41FIXTURES (CA) 070198SL 7.00 16 13,092. 13,092. 13,092. 0. FURNITURE & 118FIXTURES (CA) 031605SL 7.00 16 6,191. 6,191. 0. FURNITURE & 119FIXTURES (CA) 042905SL 7.00 16 7,975. 7,975. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806191 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC __so 65 Description Date Acquired Method Life too NO Unadjusted Cost Or Basis Bus% Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction * OTHER TOTAL FURNITURE AND FIXTU 50,346. 14,166. 36,180. 36,180. 0. * OTHER TOTAL - 50,346. 14,166. 36,180. 36,180. 0. MACHINERY & EQUIPMENT 179SOFTWARE (NY) 012215SL 3.00 16 155,603. 77,802. 77,801. 23,773. 25,934. * OTHER TOTAL MACHINERY AND EQUIP 155,603. 77,802. 77,801. 23,773. 25,934. * OTHER TOTAL - 155,603. 77,802. 77,801. 23,773. 25,934. 18TORGANIZATION COSTS 010489709 60M 43 26,951. 26,951. 26,951. 0. 188START-UP COSTS 071692195 60M 43 26,000. 26,000. 26,000. 0. 189START-UP COSTS 070192195 60M 43 25,000. 25,000. 25,000. 0. COVENANT NOT TO 190COMPETE 103110197 180M 43 3,000,000, 3,000,000, 1 „033 . 333 200,000. 19LORGANIZATION COSTS 061515709 180M 43 15,790. 15,790. 614. 1,053. * OTHER TOTAL OTHER 3 D93 741. „ 741 3 „093 . 1 „111 898. 201,053. BUILDINGS LEASEHOLD 186IMPROVEMENT (MET) 070115150DB15.0017 10,000. 10,000. 0. LEASEHOLD 199IMPROVEMENT (MET) 052816150DB15.0019E 12,600. 12,600. 630. * OTHER TOTAL BUILDINGS 22,600. 10,000. 12,600. 630. * OTHER TOTAL - 3,116,341. 10,000. 3,106,341. 1,111,898. 201,683. * GRAND TOTAL OTHER DEPR AND AMORT 7,281,292. 1,842,366. 5,438,926. 3,007,553.25, 000 . 272,572. 628162 04-01.16 WAssetdisoosed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806192 2O16 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC _N i Description Date Acquir d Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction TOTALS FOR CALIFORNIA 7,281,292. 1,842,366. 5,438,926. 3,007,553.25, 000 . 272,572. 105MAINTENANCE (NY) 022504SL 3.00 16 7,750. 7,750. 0. * OTHER TOTAL OTHER 7,750. 7,750. 0. 0. MACHINERY & EQUIPMENT COMPUTER 22QUIPMENT(NY) 10319LSL 5.00 16 16,816. 16,816. 16,816. 0. OFFICE EQUIPMENT 4(NY) 010489SL 5.00 16 12,215. 12,215. 12,215. 0. COMPUTER EQUIPMENT 5(NY) 010489SL 5.00 16 47,819. 47,819. 47,819. 0. OFFICE 82QUIPMENT(NY) 070190SL 5.00 16 6,535. 6,535. 0. COMPUTER EQUIPMENT 11(NY) 013192SL 5.00 16 8,539. 8,539. 8,539. 0. 12PRINTER (NY) 02269ISL 5.00 16 4,241. 4,241. 4,241. 0. OFFICE EQUIPMENT 13(NY) 051093SL 5.00 16 2,382. 2,382. 2,382. 0. OFFICE EQUIPMENT 14(NY) 100193SL 5.00 16 2,454. 2,454. 2,454. 0. COMPUTER EQUIPMENT 15(NY) 110193SL 5.00 16 31,034. 17,500. 13,534. 13,534. 0. OFFICE EQUIPMENT 23(NY) 070195SL 5.00 16 55,855. 55,855. 55,855. 0. OFFICE EQUIPMENT 28(NY) 070196SL 5.00 16 45,326. 45,326. 45,326. 0. OFFICE EQUIPMENT 42(NY) 070198SL 5.00 16 126,474. 126,474. 126,474. 0. COMPUTER EQUIPMENT 50(NY) 070199SL 5.00 16 202,098. 202,098. 202,098. 0. COMPUTER EQUIPMENT 53(NY) 070197$L 5.00 16 38,206. 38,206. 38,206. 0. 628162 04.01.16 (C)assMdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806193 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction COMPUTER —96 55.RETIRED 070196SL 5.00 16 -19,757. -19,757. -19,757. 0. COMPUTER EQUIPMENT 56(NY) 070100SL 5.00 16 174,341. 174,341. 174,341. 0. OFFICE EQUIPMENT 61(NY) 010101SL 5.00 16 2,014. 2,014. 0. OFFICE EQUIPMENT 62(NY) 010101SL 5.00 16 1,959. 1,959. 0. COMPUTER EQUIPMENT 71(NY) 041001SL 5.00 16 41,698. 41,698. 0. COMPUTER EQUIPMENT 72(NY) 041001SL 5.00 16 20,169. 20,169. 0. COMPUTER EQUIPMENT 73(NY) 042401SL 5.00 16 3,372. 3,372. 0. COMPUTER EQUIPMENT 74(NY) 05230ISL 5.00 16 4,443. 4,443. 0. COMPUTER EQUIPMENT 75(NY) 061701SL 5.00 16 6,582. 6,582. 0. COMPUTER EQUIPMENT 76(NY) 072203SL 5.00 16 5,359. 5,359. 0. COMPUTER EQUIPMENT 77(NY) 080601SL 5.00 16 19,961. 19,961. 0. OFFICE EQUIPMENT 78(NY) 082201SL 5.00 16 8,045. 4,023. 4,022. 4,022. 0. COMPUTER EQUIPMENT 103(NY) 040101SL 5.00 16 46,500. 13,950. 32,550. 32,550. 0. OFFICE EQUIPMENT 104(NY) 010504SL 5.00 16 10,835. 10,835. 0. OFFICE EQUIPMENT 120(NY) 020705SL 5.00 16 6,714. 6,714. 0. OFFICE EQUIPMENT 121(NY) 020505SL 5.00 16 2,496. 2,496. 0. OFFICE EQUIPMENT 122(NY) 021505SL 5.00 16 2,086. 2,086. 0. OFFICE EQUIPMENT 123(NY) 110105SL 5.00 16 13,164. 13,164. 0. 628,(Y) 64.01-16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806194 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i No Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 128(NY) 021606SL 5.00 16 9,755. 9,755. 0. OFFICE EQUIPMENT 135(NY) 051507SL 5.00 16 39,598. 39,598. 0. OFFICE EQUIPMENT 136(NY) 112007SL 5.00 16 19,628. 19,628. 0. OFFICE EQUIPMENT 143(NY) 031808SL 5.00 16 8,967. 8,967. 0. OFFICE EQUIPMENT 144(NY) 05070&SL 5.00 16 16,400. 16,400. 0. OFFICE EQUIPMENT 145(NY) 07020&SL 5.00 16 11,364. 11,364. 0. OFFICE EQUIPMENT 156(NY) 05311ISL 5.00 16 4,382. 4,382. 0. OFFICE EQUIPMENT 161(NY) 022212SL 5.00 16 6,075. 6,075. 0. OFFICE EQUIPMENT 162(NY) 062212SL 5.00 16 3,325. 3,325. 0. OFFICE EQUIPMENT 163(NY) 080511SL 5.00 16 11,001. 11,001. 0. OFFICE EQUIPMENT 172(NY) 032814SL 5.00 16 22,211. 22,211. 0. * OTHER TOTAL MACHINERY AND EQUIP 1 1.02 681 „ . 335,566. 767,115. 767,115. 0. * OTHER TOTAL - „110 . 1 431 343,316. 767,115. 767,115. 0. 106MAINTENANCE (FL) 022504SL 3.00 16 2,500. 2,500. 0. 192OFFICE EQUIP-FL 080603200DB5.00 17 2,098. 1,049. 1,049. 1,049. 0. * OTHER TOTAL OTHEIJ 4,598. 3,549. 1,049. 1,049. 0. MACHINERY & EQUIPMENT OFFICE EQUIPMENT 1(FL) 083191SL 5.00 16 12,526. 12,526. 12,526. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806195 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec Current Year Deduction OFFICE EQUIPMENT 16(USED CAR (FL)) 060193SL 5.00 16 2,500. 2,500. 2,500. 0. OFFICE EQUIPMENT 29(FL) 070196SL 5.00 16 10,695. 10,695. 10,695. 0. OFFICE EQUIPMENT 43(FL) 07019&SL 5.00 16 77,109. 77,109. 77,109. 0. COMPUTER EQUIPMENT 51(FL) 070199SL 5.00 16 45,399. 45,399. 45,399. 0. COMPUTER EQUIPMENT 54(FL) 070197SL 5.00 16 12,929. 12,929. 12,929. 0. COMPUTER EQUIPMENT 57(FL) 070100SL 5.00 16 66,827. 66,827. 66,827. 0. OFFICE EQUIPMENT 63(FL) 010101SL 5.00 16 4,899. 4,899. 0. OFFICE EQUIPMENT 64(FL) 010101SL 5.00 16 4,244. 4,244. 0. OFFICE EQUIPMENT 79(FL) 040903SL 5.00 16 11,449. 3,435. 8,014. 8,014. 0. OFFICE EQUIPMENT 80(FL) 040903SL 5.00 16 5,563. 1,669. 3,894. 3,894. 0. OFFICE EQUIPMENT 81(FL) 040903SL 5.00 16 15,000. 4,500. 10,500. 10,500. 0. OFFICE EQUIPMENT 82(FL) 060301SL 5.00 16 4,088. 2,044. 2,044. 2,044. 0. OFFICE EQUIPMENT 83(FL) 063003SL 5.00 16 1,880. 940. 940. 940. 0. OFFICE EQUIPMENT 84(FL) 080601SL 5.00 16 2,187. 1,093. 1,094. 1,094. 0. OFFICE EQUIPMENT 85(FL) 100203SL 5.00 16 1,639. 819. 820. 820. 0. OFFICE EQUIPMENT 86(FL) 111803SL 5.00 16 3,355. 1,678. 1,677. 1,677. 0. OFFICE EQUIPMENT 87(FL) 123103SL 5.00 16 3,596. 1,798. 1,798. 1,798. 0. OFFICE EQUIPMENT 114(FL) 020705SL 5.00 16 2,110. 2,110. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806196 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i '43 Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 129(FL) 020906SL 5.00 16 5,550. 5,550. 0. OFFICE EQUIPMENT 137(FL) 051507SL 5.00 16 11,175. 11,175. 0. OFFICE EQUIPMENT 138(FL) 112007SL 5.00 16 5,328. 5,328. 0. OFFICE EQUIPMENT 146(FL) 012308SL 5.00 16 12,116. 12,116. 0. COMPUTER 191EQUIPMENT(FL) 103191SL 5.00 16 1,225. 1,225. 1,225. 0. * OTHER TOTAL MACHINERY AND EQUIP' 323,389. 63,398. 259,991. 259,991. 0. * OTHER TOTAL - 327,987. 66,947. 261,040. 261,040. 0. MACHINERY & EQUIPMENT COMPUTER EQUIPMENT 52(CA) 070199SL 5.00 16 69,509. 69,509. 69,509. 0. COMPUTER EQUIPMENT 58(CA) 070100SL 5.00 16 66,027. 66,027. 66,027. 0. OFFICE EQUIPMENT 65(CA) 010101SL 5.00 16 1,161. 1,161. 0. OFFICE EQUIPMENT 66(CA) 010101SL 5.00 16 1,546. 1,546. 0. OFFICE EQUIPMENT 67(CA) 010101SL 5.00 16 1,132. 1,132. 0. OFFICE EQUIPMENT 68(CA) 010101SL 5.00 16 2,273. 2,273. 0. OFFICE EQUIPMENT 69(CA) 071502SL 5.00 16 4,569. 4,569. 0. OFFICE EQUIPMENT 88(CA) 040901SL 5.00 16 17,211. 5,163. 12,048. 12,048. 0. OFFICE EQUIPMENT 89(CA) 041603SL 5.00 16 15,000. 4,500. 10,500. 10,500. 0. OFFICE EQUIPMENT 90(CA) 063003SL 5.00 16 6,016. 3,008. 3,008. 3,008. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806197 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i No Description Date Acquir d Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 91(CA) 123103SL 5.00 16 2,420. 1,210. 1,210. 1,210. 0. OFFICE EQUIPMENT 107(CA) 092904SL 5.00 16 8,646. 8,646. 0. OFFICE EQUIPMENT 113(CA) 010104SL 5.00 16 2,500. 2,500. 0. OFFICE EQUIPMENT 115(CA) 031605SL 5.00 16 1,984. 1,984. 0. OFFICE EQUIPMENT 139(CA) 051507SL 5.00 16 8,293. 8,293. 0. OFFICE EQUIPMENT 140(CA) 112007SL 5.00 16 3,084. 3,084. 0. OFFICE EQUIPMENT 147(CA) 01230&SL 5.00 16 14,069. 14,069. 0. OFFICE EQUIPMENT 157(CA) 111411SL 5.00 16 13,425. 13,425. 0. OFFICE EQUIPMENT 180(CA) 123115200DB5.00 17 35,905. 35,905. 0. OFFICE EQUIPMENT 195(CA) 042616200DB5.00 19B 4,927. 4,927. 4,927. 4,927. * OTHER TOTAL MACHINERY AND EQUIP 279,697. 117,395. 162,302. 162,302. 4,927. 4,927. * OTHER TOTAL - 279,697. 117,395. 162,302. 162,302. 4,927. 4,927. BUILDINGS LEASEHOLD 6IMPROVEMENT (NY) 010489SL 5.00 16 25,209. 25,209. 25,209. 0. LEASEHOLD 9IMPROVEMENT (NY) 070190SL 31.0016 33,158. 33,158. 33,158. 0. LEASEHOLD 17IMPROVEMENT (NY) 022894SL 39.0017 8,179. 8,179. 4,384. 210. LEASEHOLD 18IMPROVEMENT (NY) 043094SL 39.0017 2,319. 2,319. 1,222. 59. LEASEHOLD 19IIMPROVEMENT (NY) 073194SL 39.0017 10,964. 10,964. 5,749. 281. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806198 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC Acel Description Date Mak d Method Life No No Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction LEASEHOLD 20IMPROVEMENT (NY) 083194SL 39.0017 32,074. 32,074. 16,749. 822. LEASEHOLD 21IMPROVEMENT (NY) 103094SL 39.0017 11,325. 11,325. 5,861. 290. LEASEHOLD 22IMPROVEMENT (NY) 113094SL 39.0017 12,425. 12,425. 6,420. 319. LEASEHOLD 24IMPROVEMENT (NY) 070195SL 39.0017 12,155. 12,155. 6,417. 312. LEASEHOLD 30IMPROVEMENT (NY) 070196SL 39.0017 54,075. 54,075. 26,970. 1,386. LEASEHOLD 34IMPROVEMENT (NY) 070197SL 39.0017 55,400. 55,400. 26,212. 1,420. LEASEHOLD 37IMPROVEMENT (NY) 112298SL 39.0017 11,700. 11,700. 5,138. 300. LEASEHOLD 47IMPROVEMENT (NY) 070199SL 39.0017 112,785. 112,785. 47,599. 2,892. LEASEHOLD 59IMPROVEMENT (NY) 07010OSL 39.0017 37,330. 37,330. 14,794. 957. LEASEHOLD 92IMPROVEMENT (NY) 062203SL 39.0017 103,492. 51,746. 51,746. 16,643. 1,327. LEASEHOLD 93IMPROVEMENT (NY) 072403SL 39.0017 26,080. 13,040. 13,040. 4,161. 334. LEASEHOLD 94IMPROVEMENT (NY) 081203SL 39.0017 17,758. 8,879. 8,879. 2,822. 228. LEASEHOLD 95IMPROVEMENT (NY) 091803SL 39.0017 128,435. 64,218. 64,217. 20,245. 1,647. LEASEHOLD 96IMPROVEMENT (NY) 102803SL 39.0017 16,767. 8,384. 8,383. 2,625. 215. LEASEHOLD 97IMPROVEMENT (NY) 111903SL 39.0017 41,981. 20,991. 20,990. 6,523. 538. LEASEHOLD 108IMPROVEMENT (NY) 011604SL 39.0017 5,649. 2,825. 2,824. 861. 72. LEASEHOLD 109IMPROVEMENT (NY) 021704SL 39.0017 7,686. 3,843. 3,843. 1,175. 99. LEASEHOLD 1100MPROVEMENT (NY) 123104150DB15.0017 25,000. 12,500. 12,500. 9,587. 739. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806199 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC Acel Description Date Mowed method Life No Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction LEASEHOLD 130IMPROVEMENT (NY) 022106150DB15.0017 10,485. 10,485. 7,080. 620. LEASEHOLD 131IMPROVEMENT (NY) 030306150DB15.0017 21,461. 21,461. 14,489. 1,268. LEASEHOLD 148IMPROVEMENT (NY) 021208150DB15.0017 11,736. 5,868. 5,868. 3,079. 347. LEASEHOLD 149IMPROVEMENT (NY) 121908150DB15.0017 16,000. 8,000. 8,000. 3,803. 473. LEASEHOLD 153IMPROVEMENT (NY) 070110150DB15.0017 75,753. 75,753. 0. LEASEHOLD 155IMPROVEMENT (NY) 111411150DB15.0017 11,227. 11,227. 0. LEASEHOLD 158IMPROVEMENT (NY) 050412150DB15.0017 4,167. 4,167. 0. LEASEHOLD 159IMPROVEMENT (NY) 111012150DB15.0017 14,059. 14,059. 0. LEASEHOLD 164IMPROVEMENT (NY) 091913150DB15.0017 131,030. 131,030. 0. LEASEHOLD 165IMPROVEMENT (NY) 121713150DB15.0017 9,633. 9,633. 0. LEASEHOLD 166IMPROVEMENT (NY) 123113150DB15.0017 100,954. 100,954. 0. LEASEHOLD 173IMPROVEMENT (NY) 022714150DB15.0017 12,760. 12,760. 0. LEASEHOLD 174IMPROVEMENT (NY) 060414150DB15.0017 156,004. 156,004. 0. LEASEHOLD 181IMPROVEMENT (NY) 080515150DB15.0017 63,396. 63,396. 0. * OTHER TOTAL BUILDINGS 1,430,611. 779,277. 651,334. 318,975. 17,155. * OTHER TOTAL - 1,430,611. 779,277. 651,334. 318,975. 17,155. BUILDINGS LEASEHOLD 38IIMPROVEMENT (FL) 082898SL 39.0017 29,553. 29,553. 13,171. 758. 628102 04.01-16 fl assetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806200 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC A.Psol Description Date Acquired Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction LEASEHOLD 167IMPROVEMENT (FL) 092613150DB15.0017 13,994. 13,994. 0. LEASEHOLD 182IMPROVEMENT (FL) 092515150DB15.0017 25,179. 25,179. 0. * OTHER TOTAL BUILDINGS 68,726. 39,173. 29,553. 13,171. 758. * OTHER TOTAL - 68,726. 39,173. 29,553. 13,171. 758. LEASEHOLD 196IMPROVEMENT (CA) 010516150DB15.0019E 11,130. 11,130. 11,130. 11,130. LEASEHOLD 197IMPROVEMENT (CA) 032316150DB15.0019E 25,305. 25,305. 25,305. 25,305. LEASEHOLD 198IMPROVEMENT (CA) 061416150DB15.0019E 10,561. 10,561. 10,561. 10,561. * OTHER TOTAL OTHER, BUILDINGS 46,996. 46,996. 0. 46,996. 46,996. LEASEHOLD 25IMPROVEMENT (CA) 070195SL 39.0017 11,498. 11,498. 6,067. 295. LEASEHOLD 116IMPROVEMENT (CA) 022405150DB15.0017 6,000. 6,000. 4,407. 354. LEASEHOLD 117IMPROVEMENT (CA) 032105150DB15.0017 800. 800. 586. 47. LEASEHOLD 160IMPROVEMENT (CA) 091612150DB15.0017 5,285. 5,285. 0. LEASEHOLD 168IMPROVEMENT (CA) 083113150DB15.0017 21,300. 21,300. 0. LEASEHOLD 183IMPROVEMENT (CA) 062615150DB15.0017 44,230. 44,230. 0. * OTHER TOTAL BUILDINGS 89,113. 70,815. 18,298. 11,060. 696. * OTHER TOTAL - 136,109. 117,811. 18,298. 11,060.46,996. 47,692. FURNITURE & FIXTURES 628162 04.01.16 (D) Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806201 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC sot w1 Description Ma k Date d Method Life L+19 No Cost Unadjusted Or Basis Bus % b(0 Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Current'fear Sec 179 Deduction FURNITURE & 1FIXTURES (NY) 053191SL 7.00 16 4,775. 4,775. 4,775. 0. FURNITURE & 7FIXTURES (NY) 010489SL 5.00 16 26,013. 26,013. 26,013. 0. FURNITURE & 10FIXTURES (NY) 070190SL 7.00 16 4,541. 3,465. 1,076. 1,076. 0. FURNITURE & 267IXTURES (NY) 070195SL 7.00 16 31,451. 31,451. 31,451. 0. FURNITURE & 31FIXTURES (NY) 070196SL 7.00 16 35,874. 17,500. 18,374. 18,374. 0. FURNITURE & 35FIXTURES (NY) 070197SL 7.00 16 8,872. 8,872. 0. FURNITURE & 39FIXTURES (NY) 070198SL 7.00 16 12,254. 12,254. 12,254. 0. FURNITURE & 4BFIXTURES (NY) 070199SL 7.00 16 66,766. 66,766. 66,766. 0. FURNITURE & 60FIXTURES (NY) 070100SL 7.00 16 39,506. 39,506. 39,506. 0. FURNITURE & 70(FIXTURES (NY) 043002SL 7.00 16 12,000. 12,000. 0. FURNITURE & 98FIXTURES (NY) 112503SL 7.00 16 3,598. 1,799. 1,799. 1,799. 0. FURNITURE & 997IXTURES (NY) 120403SL 7.00 16 28,027. 14,014. 14,013. 14,013. 0. FURNITURE & 100FIXTURES (NY) 080803SL 7.00 16 48,543. 24,272. 24,271. 24,271. 0. FURNITURE & 101FIXTURES (NY) 092603SL 7.00 16 3,874. 1,937. 1,937. 1,937. 0. FURNITURE & 102FIXTURES (NY) 120803SL 7.00 16 7,275. 3,638. 3,637. 3,637. 0. FURNITURE & 111FIXTURES (NY) 112304SL 7.00 16 6,001. 6,001. 0. FURNITURE & 112FIXTURES (NY) 013004SL 7.00 16 165. 165. 0. FURNITURE & 124FIXTURES (NY) 012005SL 7.00 16 6,215. 6,215. 0. 628107 04411-16 (C)assetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806202 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC :.se-41 No Description Date Mak d Method Life 1,+19 No Cost Unadjusted Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated a Depreciation Current Sec 179 Current Year Deduction FURNITURE & 125FIXTURES (NY) 031105SL 7.00 16 111. 111. 0. FURNITURE & 126FIXTURES (NY) 061705SL 7.00 16 8,440. 8,440. 0. FURNITURE & 127FIXTURES (NY) 071405SL 7.00 16 936. 936. 0. FURNITURE & 134FIXTURES (NY) 031406SL 7.00 16 4,664. 4,664. 0. FURNITURE & 141FIXTURES (NY) 021407SL 7.00 16 4,881. 4,881. 0. FURNITURE & 142FIXTURES (NY) 051507SL 7.00 16 6,610. 6,610. 0. FURNITURE & 'SO/FIXTURES (NY) FURNITURE & 050708-51, 7.00 16 3,542. 3,542. 0. 151FIXTURES (NY) 122608SL 7.00 16 4,400. 4,400. 0. FURNITURE & 152FIXTURES (NY) 012309SL 7.00 16 4,400. 4,400. 0. FURNITURE & 154FIXTURES (NY) 011410SL 5.00 16 1,214. 1,214. 0. FURNITURE & 169FIXTURES (NY) 080813SL 7.00 16 39,929. 39,929. 0. FURNITURE & 170IFIXTURES (NY) 123113SL 7.00 16 11,688. 11,688. 0. FURNITURE & 175FIXTURES (NY) 011014SL 7.00 16 23,085. 23,085. 0. FURNITURE & 176FIXTURES (NY) 021414SL 7.00 16 41,566. 41,566. 0. FURNITURE & 177FIXTURES (NY) 050714SL 7.00 16 17,813. 17,813. 0. FURNITURE & 185FIXTURES (NY) 070115200DB7.00 17 8,706. 8,706. 0. * OTHER TOTAL FURNITURE AND FIXTU 527,735. 281,863. 245,872. 245,872. 0. * OTHER TOTAL - 527,735. 281,863. 245,872. 245,872. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806203 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC :.se-41 w, Description Date Mak d Method Life too No Unadjusted Cost Or Basis Bus% Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction FURNITURE & FIXTURES FURNITURE & 32FIXTURES (FL) 070196SL 7.00 16 16,528. 16,528. 16,528. 0. FURNITURE & 36FIXTURES (FL) 070197SL 7.00 16 1,952. 1,952. 0. FURNITURE & 40(FIXTURES (FL) 070198SL 7.00 16 21,639. 21,639. 21,639. 0. FURNITURE & in/FIXTURES (FL) 070199SL 7.00 16 1,953. 1,953. 1,953. 0. FURNITURE & 132FIXTURES (FL) 051506SL 7.00 16 2,789. 2,789. 0. FURNITURE & 133FIXTURES (FL) 072006SL 7.00 16 2,999. 2,999. 0. FURNITURE & 171FIXTURES (FL) 012913SL 7.00 16 2,825. 2,825. 0. FURNITURE & 178FIXTURES (FL) 071014SL 7.00 16 7,196. 7,196. 0. FURNITURE & 184FIXTURES (FL) 101215200DB7.00 17 3,778. 3,778. 0. FURNITURE & 194FIXTURES (FL) 060191SL 7.00 16 16,047. 16,047. 16,047. 0. * OTHER TOTAL FURNITURE AND FIXTU 77,706. 21,539. 56,167. 56,167. 0. * OTHER TOTAL - 77,706. 21,539. 56,167. 56,167. 0. FURNITURE & FIXTURES FURNITURE & 27FIXTURES (CA) 070195SL 7.00 16 16,832. 16,832. 16,832. 0. FURNITURE & 33FIXTURES 070196SL 7.00 16 6,256. 6,256. 6,256. 0. FURNITURE & 41FIXTURES (CA) 070198SL 7.00 16 13,092. 13,092. 13,092. 0. FURNITURE & 118FIXTURES (CA) 031605SL 7.00 16 6,191. 6,191. 0. 628 WO 044.1-16 (D) Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806204 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC Ass.4 Description Date Acquir d Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction FURNITURE & 119FIXTURES (CA) 042905SL 7.00 16 7,975. 7,975. 0. * OTHER TOTAL FURNITURE AND FIXTU 50,346. 14,166. 36,180. 36,180. 0. * OTHER TOTAL - 50,346. 14,166. 36,180. 36,180. 0. MACHINERY & EQUIPMENT 179SOFTWARE (NY) 012215SL 3.00 16 155,603. 77,802. 77,801. 23,773. 25,934. * OTHER TOTAL MACHINERY AND EQUIPI 155,603. 77,802. 77,801. 23,773. 25,934. * OTHER TOTAL - 155,603. 77,802. 77,801. 23,773. 25,934. 18/ORGANIZATION COSTS 010489409 60M 43 26,951. 26,951. 26,951. 0. 188START-UP COSTS 071692195 60M 43 26,000. 26,000. 26,000. 0. 189START-UP COSTS 070192195 60M 43 25,000. 25,000. 25,000. 0. COVENANT NOT TO 190,COMPETE 103110197 180M 43 3,000,000. 3 000 000 . . - 1 333 „033 • 200,000. 191ORGANIZATION COSTS 061515709 180M 43 15,790. 15,790. 614. 1,053. * OTHER TOTAL OTHER 3,093,741. 3 093 741 . . - 898 1 „111 • 201,053. BUILDINGS LEASEHOLD 186IMPROVEMENT (MET) 070115150DB15.0017 10,000. 10,000. 0. LEASEHOLD 199IMPROVEMENT (MET) 052816150DB15.0019E 12,600. 12,600. 12,600. 12,600. * OTHER TOTAL BUILDINGS 22,600. 22,600. 0. 12,600. 12,600. i* OTHER TOTAL - 3,116,341. 22,600. 3,093,741. 1.111,898.12,600. 213,653. 628162 04.01.16 pyAssetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806205 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC Af4:4i Description Date Acquir d Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction * GRAND TOTAL OTHER DEPR AND AMORT 7,281,292. 1,881,889. 5,399,403. 3,007,553.64, 523. 310,119. TOTALS FOR NEW YORK 7,281,292. 1,881,889. 5,399,403. 3,007,553.64, 523. 310,119. 105MAINTENANCE (NY) 022504SL 3.00 16 7,750. 7,750. 0. * OTHER TOTAL OTHER 7,750. 7,750. 0. 0. MACHINERY & EQUIPMENT COMPUTER 2EQUIPMENT(NY) 103191SL 5.00 16 16,816. 16,816. 16,816. 0. OFFICE EQUIPMENT 4(NY) 010489SL 5.00 16 12,215. 12,215. 12,215. 0. COMPUTER EQUIPMENT 5(NY) 010489SL 5.00 16 47,819. 47,819. 47,819. 0. OFFICE 8•EQUIPMENT(NY) 070190SL 5.00 16 6,535. 6,535. 0. COMPUTER EQUIPMENT 11(NY) 013192SL 5.00 16 8,539. 8,539. 8,539. 0. 127RINTER (NY) 022693SL 5.00 16 4,241. 4,241. 4,241. 0. OFFICE EQUIPMENT 13(NY) 05109ISL 5.00 16 2,382. 2,382. 2,382. 0. OFFICE EQUIPMENT 14(NY) 100193SL 5.00 16 2,454. 2,454. 2,454. 0. COMPUTER EQUIPMENT 15(NY) 110193SL 5.00 16 31,034. 17,500. 13,534. 13,534. 0. OFFICE EQUIPMENT 23(NY) 070195SL 5.00 16 55,855. 55,855. 55,855. 0. OFFICE EQUIPMENT 28(NY) 070196SL 5.00 16 45,326. 45,326. 45,326. 0. OFFICE EQUIPMENT 42(NY) 07019&SL 5.00 16 126,474. 126,474. 126,474. 0. COMPUTER EQUIPMENT 50(NY) 070199SL 5.00 16 202,098. 202,098. 202,098.1 0. 628162 04.01.16 (C)assMdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806206 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i ND Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction COMPUTER EQUIPMENT 53(NY) 070197SL 5.00 16 38,206. 38,206. 38,206. 0. COMPUTER -96 55iRETIRED 070196SL 5.00 16 -19,757. -19,757. -19,757. 0. COMPUTER EQUIPMENT 56(NY) 070100SL 5.00 16 174,341. 174,341. 174,341. 0. OFFICE EQUIPMENT 61(NY) 010101SL 5.00 16 2,014. 2,014. 0. OFFICE EQUIPMENT 62(NY) 010101SL 5.00 16 1,959. 1,959. 0. COMPUTER EQUIPMENT 71(NY) 041001SL 5.00 16 41,698. 41,698. 0. COMPUTER EQUIPMENT 72(NY) 041001SL 5.00 16 20,169. 20,169. 0. COMPUTER EQUIPMENT 73(NY) 042403SL 5.00 16 3,372. 3,372. 0. COMPUTER EQUIPMENT 74(NY) 052301SL 5.00 16 4,443. 4,443. 0. COMPUTER EQUIPMENT 75(NY) 061703SL 5.00 16 6,582. 6,582. 0. COMPUTER EQUIPMENT 76(NY) 072201SL 5.00 16 5,359. 5,359. 0. COMPUTER EQUIPMENT 77(NY) 080601SL 5.00 16 19,961. 19,961. 0. OFFICE EQUIPMENT 78(NY) 082201SL 5.00 16 8,045. 4,023. 4,022. 4,022. 0. COMPUTER EQUIPMENT 103(NY) 040101SL 5.00 16 46,500. 13,950. 32,550. 32,550. 0. OFFICE EQUIPMENT 104(NY) 010504SL 5.00 16 10,835. 10,835. 0. OFFICE EQUIPMENT 120(NY) 020705SL 5.00 16 6,714. 6,714. 0. OFFICE EQUIPMENT 121(NY) 020505SL 5.00 16 2,496. 2,496. 0. OFFICE EQUIPMENT 122(NY) 021505ISL 5.00 16 2,086. 2,086. 0. 628 NY) 04411-16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806207 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC Ass.4i Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 123(NY) 110105SL 5.00 16 13,164. 13,164. 0. OFFICE EQUIPMENT 128(NY) 021606SL 5.00 16 9,755. 9,755. 0. OFFICE EQUIPMENT 135(NY) 051507SL 5.00 16 39,598. 39,598. 0. OFFICE EQUIPMENT 136(NY) 11200TSL 5.00 16 19,628. 19,628. 0. OFFICE EQUIPMENT 143(NY) 03180&SL 5.00 16 8,967. 8,967. 0. OFFICE EQUIPMENT 144(NY) 05070&SL 5.00 16 16,400. 16,400. 0. OFFICE EQUIPMENT 145(NY) 07020&SL 5.00 16 11,364. 11,364. 0. OFFICE EQUIPMENT 156(NY) 053111SL 5.00 16 4,382. 4,382. 0. OFFICE EQUIPMENT 161(NY) 022212SL 5.00 16 6,075. 6,075. 0. OFFICE EQUIPMENT 162(NY) 062212SL 5.00 16 3,325. 3,325. 0. OFFICE EQUIPMENT 163(NY) 080513SL 5.00 16 11,001. 11,001. 0. OFFICE EQUIPMENT 172(NY) 032814SL 5.00 16 22,211. 22,211. 0. * OTHER TOTAL MACHINERY AND EQUIP 1,102,681. 335,566. 767,115. 767,115. 0. * OTHER TOTAL - 1,110,431. 343,316. 767,115. 767,115. 0. 106MAINTENANCE (FL) 022504SL 3.00 16 2,500. 2,500. 0. 192OFFICE EQUIP-FL 080603200DB5.00 17 2,098. 1,049. 1,049. 1,049. 0. * OTHER TOTAL OTHER 4,598. 3,549. 1,049. 1,049. 0. MACHINERY & AEQUIPMENT 628162 04.01.16 (passetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806208 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i '43 Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 1(FL) 083191SL 5.00 16 12,526. 12,526. 12,526. 0. OFFICE EQUIPMENT 16(USED CAR (FL)) 060193SL 5.00 16 2,500. 2,500. 2,500. 0. OFFICE EQUIPMENT 29(FL) 070196SL 5.00 16 10,695. 10,695. 10,695. 0. OFFICE EQUIPMENT 43(FL) 07019&SL 5.00 16 77,109. 77,109. 77,109. 0. COMPUTER EQUIPMENT 51(FL) 070199SL 5.00 16 45,399. 45,399. 45,399. 0. COMPUTER EQUIPMENT 54(FL) 070197SL 5.00 16 12,929. 12,929. 12,929. 0. COMPUTER EQUIPMENT 57(FL) 070100SL 5.00 16 66,827. 66,827. 66,827. 0. OFFICE EQUIPMENT 63(FL) 010101SL 5.00 16 4,899. 4,899. 0. OFFICE EQUIPMENT 64(FL) 010101SL 5.00 16 4,244. 4,244. 0. OFFICE EQUIPMENT 79(FL) 040903SL 5.00 16 11,449. 3,435. 8,014. 8,014. 0. OFFICE EQUIPMENT 80(FL) 040903SL 5.00 16 5,563. 1,669. 3,894. 3,894. 0. OFFICE EQUIPMENT 81(FL) 040903SL 5.00 16 15,000. 4,500. 10,500. 10,500. 0. OFFICE EQUIPMENT 82(FL) 060303SL 5.00 16 4,088. 2,044. 2,044. 2,044. 0. OFFICE EQUIPMENT 83(FL) 063001SL 5.00 16 1,880. 940. 940. 940. 0. OFFICE EQUIPMENT 84(FL) 080603SL 5.00 16 2,187. 1,093. 1,094. 1,094. 0. OFFICE EQUIPMENT 85(FL) 100201SL 5.00 16 1,639. 819. 820. 820. 0. OFFICE EQUIPMENT 86(FL) 111803SL 5.00 16 3,355. 1,678. 1,677. 1,677. 0. OFFICE EQUIPMENT 87(FL) 123103SL 5.00 16 3,596. 1,798. 1,798. 1,798. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806209 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i '43 Description Date Acquir d Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 114(FL) 020705SL 5.00 16 2,110. 2,110. 0. OFFICE EQUIPMENT 129(FL) 020906SL 5.00 16 5,550. 5,550. 0. OFFICE EQUIPMENT 137(FL) 051507SL 5.00 16 11,175. 11,175. 0. OFFICE EQUIPMENT 138(FL) 112007SL 5.00 16 5,328. 5,328. 0. OFFICE EQUIPMENT 146(FL) 01230&SL 5.00 16 12,116. 12,116. 0. COMPUTER 191EQUIPMENT(FL) 103191SL 5.00 16 1,225. 1,225. 1,225. 0. * OTHER TOTAL MACHINERY AND EQUIP 323,389. 63,398. 259,991. 259,991. 0. * OTHER TOTAL - 327,987. 66,947. 261,040. 261,040. 0. MACHINERY & EQUIPMENT COMPUTER EQUIPMENT 52(CA) 070199SL 5.00 16 69,509. 69,509. 69,509. 0. COMPUTER EQUIPMENT 58(CA) 070100SL 5.00 16 66,027. 66,027. 66,027. 0. OFFICE EQUIPMENT 65(CA) 010101SL 5.00 16 1,161. 1,161. 0. OFFICE EQUIPMENT 66(CA) 010101SL 5.00 16 1,546. 1,546. 0. OFFICE EQUIPMENT 67(CA) 010101SL 5.00 16 1,132. 1,132. 0. OFFICE EQUIPMENT 68(CA) 010101SL 5.00 16 2,273. 2,273. 0. OFFICE EQUIPMENT 69(CA) 071502SL 5.00 16 4,569. 4,569. 0. OFFICE EQUIPMENT 88(CA) 040901SL 5.00 16 17,211. 5,163. 12,048. 12,048. 0. OFFICE EQUIPMENT 89(CA) 041601SL 5.00 16 15,000. 4,500. 10,500. 10,500. 0. 628,(Y) 64.01-16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806210 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC As.s4i No Description Date Acquir d Method Life toe NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction OFFICE EQUIPMENT 90(CA) 063003SL 5.00 16 6,016. 3,008. 3,008. 3,008. 0. OFFICE EQUIPMENT 91(CA) 123103SL 5.00 16 2,420. 1,210. 1,210. 1,210. 0. OFFICE EQUIPMENT 107(CA) 092904SL 5.00 16 8,646. 8,646. 0. OFFICE EQUIPMENT 113(CA) 010104SL 5.00 16 2,500. 2,500. 0. OFFICE EQUIPMENT 115(CA) 031605SL 5.00 16 1,984. 1,984. 0. OFFICE EQUIPMENT 139(CA) 05150751. 5.00 16 8,293. 8,293. 0. OFFICE EQUIPMENT 140(CA) 112007SL 5.00 16 3,084. 3,084. 0. OFFICE EQUIPMENT 147(CA) 01230&SL 5.00 16 14,069. 14,069. 0. OFFICE EQUIPMENT 157(CA) 111411SL 5.00 16 13,425. 13,425. 0. OFFICE EQUIPMENT 180(CA) 123115200DB5.00 17 35,905. 35,905. 0. OFFICE EQUIPMENT 195(CA) 042616200DB5.00 19B 4,927. 4,927. 4,927. 4,927. * OTHER TOTAL MACHINERY AND EQUIP 279,697. 117,395. 162,302. 162,302. 4,927. 4,927. * OTHER TOTAL - 279,697. 117,395. 162,302. 162,302. 4,927. 4,927. BUILDINGS LEASEHOLD 6IMPROVEMENT (NY) 010489SL 5.00 16 25,209. 25,209. 25,209. 0. LEASEHOLD 9IMPROVEMENT (NY) 070190SL 31.0016 33,158. 33,158. 33,158. 0. LEASEHOLD 17IMPROVEMENT (NY) 022894SL 39.0017 8,179. 8,179. 4,384. 210. LEASEHOLD 181MPROVEMENT (NY) 043094SL 39.0017 2,319. 2,319. 1,222. 59. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806211 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC _mil bk, Description Date Mak d Method Life LOO No Unadjusted cog Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec Current Year Deduction LEASEHOLD 19IMPROVEMENT (NY) 073194SL 39.0017 10,964. 10,964. 5,749. 281. LEASEHOLD 20IMPROVEMENT (NY) 083194SL 39.0017 32,074. 32,074. 16,749. 822. LEASEHOLD 21IMPROVEMENT (NY) 103094SL 39.0017 11,325. 11,325. 5,861. 290. LEASEHOLD 22IMPROVEMENT (NY) 113094SL 39.0017 12,425. 12,425. 6,420. 319. LEASEHOLD 24IMPROVEMENT (NY) 070195SL 39.0017 12,155. 12,155. 6,417. 312. LEASEHOLD 30IMPROVEMENT (NY) 070196SL 39.0017 54,075. 54,075. 26,970. 1,386. LEASEHOLD 34IMPROVEMENT (NY) 070197SL 39.0017 55,400. 55,400. 26,212. 1,420. LEASEHOLD 37IMPROVEMENT (NY) 112298SL 39.0017 11,700. 11,700. 5,138. 300. LEASEHOLD 47IMPROVEMENT (NY) 070199SL 39.0017 112,785. 112,785. 47,599. 2,892. LEASEHOLD 59IMPROVEMENT (NY) 07010OSL 39.0017 37,330. 37,330. 14,794. 957. LEASEHOLD 92IMPROVEMENT (NY) 062203SL 39.0017 103,492. 51,746. 51,746. 16,643. 1,327. LEASEHOLD 93IMPROVEMENT (NY) 072403SL 39.0017 26,080. 13,040. 13,040. 4,161. 334. LEASEHOLD 94IMPROVEMENT (NY) 081203SL 39.0017 17,758. 8,879. 8,879. 2,822. 228. LEASEHOLD 95IMPROVEMENT (NY) 091803SL 39.0017 128,435. 64,218. 64,217. 20,245. 1,647. LEASEHOLD 96IMPROVEMENT (NY) 102803SL 39.0017 16,767. 8,384. 8,383. 2,625. 215. LEASEHOLD 97IMPROVEMENT (NY) 111903SL 39.0017 41,981. 20,991. 20,990. 6,523. 538. LEASEHOLD 108IMPROVEMENT (NY) 011604SL 39.0017 5,649. 2,825. 2,824. 861. 72. LEASEHOLD 109IMPROVEMENT (NY) 021704SL 39.0017 7,686. 3,843. 3,843. 1,175. 99. 628W0 04-01-16 (C)assetdisposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806212 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC Acr l Description Date Acquired method Life toe Noe Unadjusted Cog Or Basis Bus % Exci Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction LEASEHOLD 110IMPROVEMENT (NY) 123104150DB15.0017 25,000. 12,500. 12,500. 9,587. 739. LEASEHOLD 130IMPROVEMENT (NY) 022106150DB15.0017 10,485. 10,485. 7,080. 620. LEASEHOLD 131IMPROVEMENT (NY) 030306150DB15.0017 21,461. 21,461. 14,489. 1,268. LEASEHOLD 148IMPROVEMENT (NY) 021208150DB15.0017 11,736. 5,868. 5,868. 3,079. 347. LEASEHOLD 149IMPROVEMENT (NY) 121908150DB15.0017 16,000. 8,000. 8,000. 3,803. 473. LEASEHOLD 153IMPROVEMENT (NY) 070110150DB15.0017 75,753. 75,753. 0. LEASEHOLD 155IMPROVEMENT (NY) 111411150DB15.0017 11,227. 11,227. 0. LEASEHOLD 158IMPROVEMENT (NY) 050412150DB15.0017 4,167. 4,167. 0. LEASEHOLD 159IMPROVEMENT (NY) 111012150DB15.0017 14,059. 14,059. 0. LEASEHOLD 164IMPROVEMENT (NY) 091913150DB15.0017 131,030. 131,030. 0. LEASEHOLD 165IMPROVEMENT (NY) 121713150DB15.0017 9,633. 9,633. 0. LEASEHOLD 166IMPROVEMENT (NY) 123113150DB15.0017 100,954. 100,954. 0. LEASEHOLD 173IMPROVEMENT (NY) 022714150DB15.0017 12,760. 12,760. 0. LEASEHOLD 174IMPROVEMENT (NY) 060414150DB15.0017 156,004. 156,004. 0. LEASEHOLD 181IMPROVEMENT (NY) 080515150DB15.0017 63,396. 63,396. 0. * OTHER TOTAL BUILDINGS 1,430,611, 779,277. 651,334. 318,975. 17,155. * OTHER TOTAL - 1,430,611. 779,277. 651,334. 318,975. 17,155. JBUILDINGS 628162 04.01.16 (D) - Asset disposod • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806213 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC Af4:4i ND Description Date Acquired Method Life boo NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction LEASEHOLD 38IMPROVEMENT (FL) 08289&SL 39.0017 29,553. 29,553. 13,171. 758. LEASEHOLD 167IMPROVEMENT (FL) 092613150DB15.0017 13,994. 13,994. 0. LEASEHOLD 182IMPROVEMENT (FL) 092515150DB15.0017 25,179. 25,179. 0. * OTHER TOTAL BUILDINGS 68,726. 39,173. 29,553. 13,171. 758. * OTHER TOTAL - 68,726. 39,173. 29,553. 13,171. 758. LEASEHOLD 196IMPROVEMENT (CA) 010516150DB15.0019E 11,130. 11,130. 11,130. 11,130. LEASEHOLD 197IMPROVEMENT (CA) 032316150DB15.0019E 25,305. 25,305. 25,305. 25,305. LEASEHOLD 198IMPROVEMENT (CA) 061416150DB15.0019E 10,561. 10,561. 10,561. 10,561. * OTHER TOTAL OTHER 46,996. 46,996. 0. 46,996. 46,996. BUILDINGS LEASEHOLD 25IMPROVEMENT (CA) 070195SL 39.0017 11,498. 11,498. 6,067. 295. LEASEHOLD 116IMPROVEMENT (CA) 022405150DB15.0017 6,000. 6,000. 4,407. 354. LEASEHOLD 117IMPROVEMENT (CA) 032105150DB15.0017 800. 800. 586. 47. LEASEHOLD 160IMPROVEMENT (CA) 091612150DB15.0017 5,285. 5,285. 0. LEASEHOLD 168IMPROVEMENT (CA) 083113150DB15.0017 21,300. 21,300. 0. LEASEHOLD 183IMPROVEMENT (CA) 062615150DB15.0017 44,230. 44,230. 0. * OTHER TOTAL BUILDINGS 89,113. 70,815. 18,298. 11,060. 696. i* OTHER TOTAL - 136,109. 117,811. 18,298. 11,060.46,996. 47,692. 628162 04.01.16 (D) Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806214 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC set w1 Description Ma k Date d Method Life toe No Unadjusted Cost Or Basis Bus% b(0 Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Deduction FURNITURE & FIXTURES FURNITURE & IFIXTURES (NY) 053191SL 7.00 16 4,775. 4,775. 4,775. 0. FURNITURE & 7FIXTURES (NY) 010489SL 5.00 16 26,013. 26,013. 26,013. 0. FURNITURE & "MIXTURES (NY) 070190SL 7.00 16 4,541. 3,465. 1,076. 1,076. 0. FURNITURE & 26FIXTURES (NY) 070195SL 7.00 16 31,451. 31,451. 31,451. 0. FURNITURE & 31FIXTURES (NY) 070196SL 7.00 16 35,874. 17,500. 18,374. 18,374. 0. FURNITURE & 35FIXTURES (NY) 070197SL 7.00 16 8,872. 8,872. 0. FURNITURE & 39FIXTURES (NY) 070198SL 7.00 16 12,254. 12,254. 12,254. 0. FURNITURE & 48FIXTURES (NY) 070199SL 7.00 16 66,766. 66,766. 66,766. 0. FURNITURE & 6MIXTURES (NY) 070100SL 7.00 16 39,506. 39,506. 39,506. 0. FURNITURE & 70'FIXTURES (NY) 043002SL 7.00 16 12,000. 12,000. 0. FURNITURE & 98FIXTURES (NY) 112503SL 7.00 16 3,598. 1,799. 1,799. 1,799. 0. FURNITURE & 99FIXTURES (NY) 120403SL 7.00 16 28,027. 14,014. 14,013. 14,013. 0. FURNITURE & 100FIXTURES (NY) 080803SL 7.00 16 48,543. 24,272. 24,271. 24,271. 0. FURNITURE & 101FIXTURES (NY) 092603SL 7.00 16 3,874. 1,937. 1,937. 1,937. 0. FURNITURE & 102FIXTURES (NY) 120803SL 7.00 16 7,275. 3,638. 3,637. 3,637. 0. FURNITURE & 111FIXTURES (NY) 112304SL 7.00 16 6,001. 6,001. 0. FURNITURE & 112FIXTURES (NY) 013004SL 7.00 16 165. 165. 0. 628107 04411-16 (D) Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806215 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC :.se-41 No Description Ma k Date d Method Life L00 No Cost Unadjusted Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated a Depreciation Current Sec 179 Current Year Deduction FURNITURE & 124FIXTURES (NY) 012005SL 7.00 16 6,215. 6,215. 0. FURNITURE & 125FIXTURES (NY) 031105SL 7.00 16 111. 111. 0. FURNITURE & 126FIXTURES (NY) 061705SL 7.00 16 8,440. 8,440. 0. FURNITURE & 127FIXTURES (NY) 071405SL 7.00 16 936. 936. 0. FURNITURE & 134FIXTURES (NY) 031406SL 7.00 16 4,664. 4,664. 0. FURNITURE & 141FIXTURES (NY) 021407SL 7.00 16 4,881. 4,881. 0. FURNITURE & 142FIXTURES (NY) 051507SL 7.00 16 6,610. 6,610. 0. FURNITURE & 150IFIXTURES (NY) 050708SL 7.00 16 3,542. 3,542. 0. FURNITURE & 151FIXTURES (NY) 122608SL 7.00 16 4,400. 4,400. 0. FURNITURE & 152FIXTURES (NY) 012309SL 7.00 16 4,400. 4,400. 0. FURNITURE & 154FIXTURES (NY) 011410SL 5.00 16 1,214. 1,214. 0. FURNITURE & 169FIXTURES (NY) 080813SL 7.00 16 39,929. 39,929. 0. FURNITURE & 170'FIXTURES (NY) 123113SL 7.00 16 11,688. 11,688. 0. FURNITURE & 175FIXTURES (NY) 011014SL 7.00 16 23,085. 23,085. 0. FURNITURE & 176FIXTURES (NY) 021414SL 7.00 16 41,566. 41,566. 0. FURNITURE & 177FIXTURES (NY) 050714SL 7.00 16 17,813. 17,813. 0. FURNITURE & 185FIXTURES (NY) 070115200DB7.00 17 8,706. 8,706. 0. * OTHER TOTAL FURNITURE AND FIXTU 527,735. 281,863. 245,872. 245,872. 0. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806216 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE — NEXT MANAGEMENT LLC Assai DesOption Date Mak d Method Life toe No Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction * OTHER TOTAL — 527,735. 281,863. 245,872. 245,872. 0. FURNITURE & FIXTURES FURNITURE & 32FIXTURES (FL) 070196SL 7.00 16 16,528. 16,528. 16,528. 0. FURNITURE & 36FIXTURES (FL) 070197SL 7.00 16 1,952. 1,952. 0. FURNITURE & 40'FIXTURES (FL) 070198SL 7.00 16 21,639. 21,639. 21,639. 0. FURNITURE & 49FIXTURES (FL) 070199SL 7.00 16 1,953. 1,953. 1,953. 0. FURNITURE & 132FIXTURES (FL) 051506SL 7.00 16 2,789. 2,789. 0. FURNITURE & 133FIXTURES (FL) 072006SL 7.00 16 2,999. 2,999. 0. FURNITURE & 171FIXTURES (FL) 012913SL 7.00 16 2,825. 2,825. 0. FURNITURE & 178FIXTURES (FL) 071014SL 7.00 16 7,196. 7,196. 0. FURNITURE & 184FIXTURES (FL) 101215200DB7.00 17 3,778. 3,778. 0. FURNITURE & 194FIXTURES (FL) 060191SL 7.00 16 16,047. 16,047. 16,047. 0. * OTHER TOTAL FURNITURE AND FIXTU 77,706. 21,539. 56,167. 56,167. 0. * OTHER TOTAL - 77,706. 21,539. 56,167. 56,167. 0. FURNITURE & FIXTURES FURNITURE & 27FIXTURES (CA) 070195SL 7.00 16 16,832. 16,832. 16,832. 0. FURNITURE & 33FIXTURES 070196SL 7.00 16 6,256. 6,256. 6,256. 0. FURNITURE & 41FIXTURES (CA) 070198SL 7.00 16 13,092. 13,092. 13,092. 0. 628162 04.01.16 (D) -Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806217 2016 DEPRECIATION AND AMORTIZATION REPORT - CURRENT YEAR STATE - NEXT MANAGEMENT LLC As.s4i ND Description Date Acquir d Method Life too NO Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction FURNITURE & 118,FIXTURES (CA) 031605SL 7.00 16 6,191. 6,191. 0. FURNITURE & 119'FIXTURES (CA) 042905SL 7.00 16 7,975. 7,975. 0. * OTHER TOTAL FURNITURE AND FIXTU 50,346. 14,166. 36,180. 36,180. 0. * OTHER TOTAL - 50,346. 14,166. 36,180. 36,180. 0. MACHINERY & EQUIPMENT 179SOFTWARE (NY) 012215SL 3.00 16 155,603. 77,802. 77,801. 23,773. 25,934. * OTHER TOTAL MACHINERY AND EQUIP 155,603. 77,802. 77,801. 23,773. 25,934. * OTHER TOTAL - 155,603. 77,802. 77,801. 23,773. 25,934. 18TORGANIZATION COSTS 010489709 60M 43 26,951. 26,951. 26,951. 0. 18&START-UP COSTS 071692195 60M 43 26,000. 26,000. 26,000. 0. 189START-UP COSTS 070192195 60M 43 25,000. 25,000. 25,000. 0. COVENANT NOT TO 19DCOMPETE 103110197 180M 43 3,000,000, 3,000,000. 333 1 „033 . 200,000. 19LORGANIZATION COSTS 061515709 180M 43 15,790. 15,790. 614. 1,053. * OTHER TOTAL OTHER 3 D93 741. „ 741 3„093 . 1 „111 898. 201,053. BUILDINGS LEASEHOLD 186IMPROVEMENT (MET) 070115150DB15.0017 10,000. 10,000. 0. LEASEHOLD 199IMPROVEMENT (MET) 052816150DB15.0019E 12,600. 12,600. 12,600. 12,600. * OTHER TOTAL JBUILDINGS 22,600. 22,600. 0. 12,600. 12,600. 628162 04.01.16 (D) - Asset disposed • ITC. Section 179. Salvage. Bonus. Commercial Revitalization Deduction EFTA00806218 2016 DEPRECIATION AND AMORTIZATION REPORT — CURRENT YEAR STATE - NEXT MANAGEMENT LLC eesal Na Description Date Anuired Method Life tea No Unadjusted Cost Or Basis Bus % Excl Reduction In Basis Basis For Depreciation Accumulated Depreciation Current Sec 179 Current Year Deduction * OTHER TOTAL - 3,116,341. 22,600. 3,093, 741. 1,111,898 2,600. 213,653. * GRAND TOTAL OTHERI DEPR AND AMORT 7,281 ,292 1,881,889. 5,399,403. 3,007,553 64,523. 310,119. 628102 04.01-16 (D) Asset disposed • ITC. Section 179. Sal 'age. Bonus. Commercial Revitalization Deduction EFTA00806219 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC Ace.O1 Description Date Mowed Method We Unadjusted CoM0rBasis ReduclionM Basis Basis For Depreciation Accumulated Depreciation Amount DI Depreciation 105MAINTENANCE (NY) 022504SL 3.00 7,750. 7,750. 0. * OTHER TOTAL OTHER 7,750. 7,750. 0. 0. 0. MACHINERY & EQUIPMENT DCOMPUTER EQUIPMENT(NY) 103191SL 5.00 16,816. 16,816. 16,816. 0. 4OFFICE EQUIPMENT (NY) 010489SL 5.00 12,215. 12,215. 12,215. 0. SCOMPUTER EQUIPMENT (NY) 010489SL 5.00 47,819. 47,819. 47,819. 0. &OFFICE EQUIPMENT(NY) 070190SL 5.00 6,535. 6,535. 0. 11COMPUTER EQUIPMENT (NY) 013192SL 5.00 8,539. 8,539. 8,539. 0. 12PRINTER (NY) 022693SL 5.00 4,241. 4,241. 4,241. 0. 13OFFICE EQUIPMENT (NY) 051093SL 5.00 2,382. 2,382. 2,382. 0. 14OFFICE EQUIPMENT (NY) 100193SL 5.00 2,454. 2,454. 2,454. 0. 15COMPUTER EQUIPMENT (NY) 110193SL 5.00 31,034.17,500. 13,534. 13,534. 0. 23OFFICE EQUIPMENT (NY) 070195SL 5.00 55,855. 55,855. 55,855. 0. 28OFFICE EQUIPMENT (NY) 070196SL 5.00 45,326. 45,326. 45,326. 0. 42OFFICE EQUIPMENT (NY) 070198SL 5.00 126,474. 126,474. 126,474. 0. 5000MPUTER EQUIPMENT (NY) 070199SL 5.00 202,098. 202,098. 202,098. 0. 53COMPUTER EQUIPMENT (NY) 070197SL 5.00 38,206. 38,206. 38,206. 0. 55COMPUTER -96 RETIRED 070196SL 5.00 -19,757. -19,757. -19,757. 0. 56COMPUTER EQUIPMENT (NY) 070100SL 5.00 174,341. 174,341. 174,341. 0. 61OFFICE EQUIPMENT (NY) 010101SL 5.00 2,014. 2,014. 0. 62OFFICE EQUIPMENT (NY) 010101SL 5.00 1,959. 1,959. 0. 71COMPUTER EQUIPMENT (NY) 041003SL 5.00 41,698.41,698. 0. 72COMPUTER EQUIPMENT (NY) 041003SL 5.00 20,169.20,169. 0. 73COMPUTER EQUIPMENT (NY) 042403SL 5.00 3,372. 3,372. 0. 74COMPUTER EQUIPMENT (NY) 052303SL 5.00 4,443. 4,443. 0. 75COMPUTER EQUIPMENT (NY) 061703SL 5.00 6,582. 6,582. 0. 76COMPUTER EQUIPMENT (NY) 072203SL 5.00 5,359. 5,359. 0. 77COMPUTER EQUIPMENT (NY) 080603SL 5.00 19,961.19,961. 0. 78OFFICE EQUIPMENT (NY) 082203SL 5.00 8,045. 4,023. 4,022. 4,022. 0. 103COMPUTER EQUIPMENT (NY) 040103SL 5.00 46,500.13,950. 32,550. 32,550. 0. 104OFFICE EQUIPMENT (NY) 010504SL 5.00 10,835.10,835. 0. 1200FFICE EQUIPMENT (NY) 020705SL 5.00 6,714. 6,714. 0. 12 FFICE EQUIPMENT (NY) 020505SL 5.00 2,496. 2,496. 0. 12ZDFFICE EQUIPMENT (NY) 021505SL 5.00 2,086. 2,086. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806220 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC ASe.41 Description Date Mowed Method We Unadjusted CostOrBasis ReduclionM Basis ElasitiFOr Basis Accumulated Depreciation Amount DI Depreciation 123OFFICE EQUIPMENT (NY) 110105SL 5.00 13,164.13,164. 0. 128OFFICE EQUIPMENT (NY) 021606SL 5.00 9,755. 9,755. 0. 135OFFICE EQUIPMENT (NY) 051507SL 5.00 39,598.39,598. 0. 130OFFICE EQUIPMENT (NY) 112007SL 5.00 19,628.19,628. 0. 143OFFICE EQUIPMENT (NY) 031808SL 5.00 8,967. 8,967. 0. 144OFFICE EQUIPMENT (NY) 050708SL 5.00 16,400.16,400. 0. 145OFFICE EQUIPMENT (NY) 070208SL 5.00 11,364.11,364. 0. 150OFFICE EQUIPMENT (NY) 053111SL 5.00 4,382. 4,382. 0. 161OFFICE EQUIPMENT (NY) 022212SL 5.00 6,075. 6,075. 0. 162OFFICE EQUIPMENT (NY) 062212SL 5.00 3,325. 3,325. 0. 163OFFICE EQUIPMENT (NY) 080513SL 5.00 11,001.11,001. 0. 172OFFICE EQUIPMENT (NY) 032814SL 5.00 22,211.22,211. 0. * OTHER TOTAL MACHINERY AND EQUIP 1,102,661. 335,566. 767,115. 767,115. 0. * OTHER TOTAL - 1,110,431. 343,316. 767,115. 767,115. 0. 106MAINTENANCE (FL) 022504SL 3.00 2,500. 2,500. 0. 192OFFICE EQUIP-FL 080603200DB5.00 2,098. 1,049. 1,049. 1,049. 0. * OTHER TOTAL OTHER 4,598. 3,549. 1,049. 1,049. 0. MACHINERY & EQUIPMENT LOFFICE EQUIPMENT (FL) 083191SL 5.00 12,526. 12,526. 12,526. 0. 16OFFICE EQUIPMENT (USED CAR (FL)) 060193SL 5.00 2,500. 2,500. 2,500. 0. 29OFFICE EQUIPMENT (FL) 070196SL 5.00 10,695. 10,695. 10,695. 0. 43OFFICE EQUIPMENT (FL) 070198SL 5.00 77,109. 77,109. 77,109. 0. 51COMPUTER EQUIPMENT (FL) 070199SL 5.00 45,399. 45,399. 45,399. 0. 54COMPUTER EQUIPMENT (FL) 070197SL 5.00 12,929. 12,929. 12,929. 0. 57COMPUTER EQUIPMENT (FL) 070100SL 5.00 66,827. 66,827. 66,827. 0. 63OFFICE EQUIPMENT (FL) 010101SL 5.00 4,899. 4,899. 0. 64-OFFICE EQUIPMENT (FL) 010101SL 5.00 4,244. 4,244. 0. 79OFFICE EQUIPMENT (FL) 040903SL 5.00 11,449. 3,435. 8,014. 8,014. 0. 80OFFICE EQUIPMENT (FL) 040903SL 5.00 5,563. 1,669. 3,894. 3,894. 0. 81OFFICE EQUIPMENT (FL) 040903SL 5.00 15,000. 4,500. 10,500. 10,500. 0. 82OFFICE EQUIPMENT (FL) 060303SL 5.00 4,088. 2,044. 2,044. 2,044. 0. 83OFFICE EQUIPMENT (FL) 063003SL 5.00 1,880. 940. 940. 940. 0. 86OFFICE 831OFFICE EQUIPMENT (FL) EQUIPMENT (FL) 080603SL 100203SL 5.00 5.00 2,187. 1,639. 1,093. 819. 1,094. 820. 1,094. 820. 0. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806221 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR STATE — NEXT MANAGEMENT LLC ANI Description Date Accitmed Method Life Unadjusted CostOrBasis ReductionM Basis Basis For Depreciatim Accumulated Depreciation Amount DI Depreciation 86OFFICE EQUIPMENT (FL) 111803SL 5.00 3,355. 1,678. 1,677. 1,677. 0. 87OFFICE EQUIPMENT (FL) 123103SL 5.00 3,596. 1,798. 1,798. 1,798. 0. 114OFFICE EQUIPMENT (FL) 020705SL 5.00 2,110. 2,110. 0. 129OFFICE EQUIPMENT (FL) 020906SL 5.00 5,550. 5,550. 0. 137OFFICE EQUIPMENT (FL) 051507SL 5.00 11,175.11,175. 0. 13&OFFICE EQUIPMENT (FL) 112007SL 5.00 5,328. 5,328. 0. 146OFFICE EQUIPMENT (FL) 012308SL 5.00 12,116.12,116. 0. 193COMPUTER EQUIPMENT(FL) 103191SL 5.00 1,225. 1,225. 1,225. 0. * OTHER TOTAL MACHINERY AND EQUIP 323,389.63,398. 259,991. 259,991. 0. * OTHER TOTAL - 327,987.66,947. 261,040. 261,040. 0. MACHINERY & EQUIPMENT 52COMPUTER EQUIPMENT (CA) 070199SL 5.00 69,509. 69,509. 69,509. 0. 58COMPUTER EQUIPMENT (CA) 070100SL 5.00 66,027. 66,027. 66,027. 0. 65OFFICE EQUIPMENT (CA) 010101SL 5.00 1,161. 1,161. 0. 66OFFICE EQUIPMENT (CA) 010101SL 5.00 1,546. 1,546. 0. 67OFFICE EQUIPMENT (CA) 010101SL 5.00 1,132. 1,132. 0. 68OFFICE EQUIPMENT (CA) 010101SL 5.00 2,273. 2,273. 0. 69OFFICE EQUIPMENT (CA) 071502SL 5.00 4,569. 4,569. 0. 88OFFICE EQUIPMENT (CA) 040903SL 5.00 17,211. 5,163. 12,048. 12,048. 0. 89OFFICE EQUIPMENT (CA) 041603SL 5.00 15,000. 4,500. 10,500. 10,500. 0. 90OFFICE EQUIPMENT (CA) 063003SL 5.00 6,016. 3,008. 3,008. 3,008. 0. 91OFFICE EQUIPMENT (CA) 123103SL 5.00 2,420. 1,210. 1,210. 1,210. 0. 107OFFICE EQUIPMENT (CA) 092904SL 5.00 8,646. 8,646. 0. 113OFFICE EQUIPMENT (CA) 010104SL 5.00 2,500. 2,500. 0. 115OFFICE EQUIPMENT (CA) 031605SL 5.00 1,984. 1,984. 0. 139OFFICE EQUIPMENT (CA) 051507SL 5.00 8,293. 8,293. 0. 140OFFICE EQUIPMENT (CA) 112007SL 5.00 3,084. 3,084. 0. 147OFFICE EQUIPMENT (CA) 012308SL 5.00 14,069.14,069. 0. 157OFFICE EQUIPMENT (CA) 111411SL 5.00 13,425.13,425. 0. 180OFFICE EQUIPMENT (CA) 123115200DB5.00 35,905.35,905. 0. 195OFFICE EQUIPMENT (CA) 042616200DB5.00 4,927. 4,927. 0. * OTHER TOTAL MACHINERY AND EQUIP 279,697. 117,395. 162,302. 162,302. 0. * OTHER TOTAL - 279,697. 117.395. 162,302. 162,302. 0. AUILDINGS 628100 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806222 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR STATE — NEXT MANAGEMENT LLC A.Sol bk, Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciatm Accumulated Depreciation Amount Of Depreciation 6LEASEHOLD IMPROVEMENT (NY) 010489SL 5.00 25,209. 25,209. 25,209. 0. 9LEASEHOLD IMPROVEMENT (NY) 070190SL 31.00 33,158. 33,158. 33,158. 0. 1TLEASEHOLD IMPROVEMENT (NY) 022894SL 39.00 8,179. 8,179. 4,594. 210. 18LEASEHOLD IMPROVEMENT (NY) 043094SL 39.00 2,319. 2,319. 1,281. 59. 19/LEASEHOLD IMPROVEMENT (NY) 073194SL 39.00 10,964. 10,964. 6,030. 281. 20CEASEHOLD IMPROVEMENT (NY) 083194SL 39.00 32,074. 32,074. 17,571. 822. 21LEASEHOLD IMPROVEMENT (NY) 103094SL 39.00 11,325. 11,325. 6,151. 290. 22LEASEHOLD IMPROVEMENT (NY) 113094SL 39.00 12,425. 12,425. 6,739. 319. 24LEASEHOLD IMPROVEMENT (NY) 070195SL 39.00 12,155. 12,155. 6,729. 312. 30C,EASEHOLD IMPROVEMENT (NY) 070196SL 39.00 54,075. 54,075. 28,356. 1,386. 34LEASEHOLD IMPROVEMENT (NY) 070197SL 39.00 55,400. 55,400. 27,632. 1,420. 37LEASEHOLD IMPROVEMENT (NY) 112298SL 39.00 11,700. 11,700. 5,438. 300. 4TLEASEHOLD IMPROVEMENT (NY) 070199SL 39.00 112,785. 112,785. 50,491. 2,892. 59LEASEHOLD IMPROVEMENT (NY) 070100SL 39.00 37,330. 37,330. 15,751. 957. 92LEASEHOLD IMPROVEMENT (NY) 062203SL 39.00 103,492.51,746. 51,746. 17,970. 1,327. 93LEASEHOLD IMPROVEMENT (NY) 072403SL 39.00 26,080.13,040. 13,040. 4,495. 334. 94LEASEHOLD IMPROVEMENT (NY) 081203SL 39.00 17,758. 8,879. 8,879. 3,050. 228. 95LEASEHOLD IMPROVEMENT (NY) 091803SL 39.00 128,435.64,218. 64,217. 21,892. 1,647. 96LEASEHOLD IMPROVEMENT (NY) 102803SL 39.00 16,767. 8,384. 8,383. 2,840. 215. 97LEASEHOLD IMPROVEMENT (NY) 111903SL 39.00 41,981.20,991. 20,990. 7,061. 538. 108LEASEHOLD IMPROVEMENT (NY) 011604SL 39.00 5,649. 2,825. 2,824. 933. 72. 109LEASEHOLD IMPROVEMENT (NY) 021704SL 39.00 7,686. 3,843. 3,843. 1,274. 99. 1101LEASEHOLD IMPROVEMENT (NY) 123104150DB15.00 25,000.12,500. 12,500. 10,326. 738. 130CEASEHOLD IMPROVEMENT (NY) 022106150DBE5.00 10,485. 10,485. 7,700. 619. 131LEASEHOLD IMPROVEMENT (NY) 030306150DB15.00 21,461. 21,461. 15,757. 1,266. 148LEASEHOLD IMPROVEMENT (NY) 021208150DBE5.00 11,736. 5,868. 5,868. 3,426. 346. 149LEASEHOLD IMPROVEMENT (NY) 121908150DB15.00 16,000. 8,000. 8,000. 4,276. 472. 151LEASEHOLD IMPROVEMENT (NY) 070110150DBE5.00 75,753.75,753. 0. 155LEASEHOLD IMPROVEMENT (NY) 111411150DB15.00 11,227.11,227. 0. 158LEASEHOLD IMPROVEMENT (NY) 050412150DBE5.00 4,167. 4,167. 0. 159LEASEHOLD IMPROVEMENT (NY) 111012150DB15.00 14,059.14,059. 0. 164LEASEHOLD IMPROVEMENT (NY) 091913150DBE5.00 131,030. 131,030, 0. 165LEASEHOLD IMPROVEMENT (NY) 121713150DB15.00 9,633. 9,633. 0. 166LEASEHOLD IMPROVEMENT (NY) 123113150DBE5.00 100,954. 100,954. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806223 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC Afe.ol DescriMio Date Mound Method 1-04 Unadjusted 0CIM Or Basis 110010000 In 154M Bass For DorMAN Accumulated Depreciation Amount 01 Depreciation 171LEASEHOLD IMPROVEMENT (NY) 022714150DB15.00 12,760.12,760. 0. 174LEASEHOLD IMPROVEMENT (NY) 060414150DB0.5.00 156,004. 156,004. 0. 181LEASEHOLD IMPROVEMENT (NY) 080515150DB15.00 63,396.63,396. 0. * OTHER TOTAL BUILDINGS 1,430,611. 779,277, 651,334. 336,130. 17,149. * OTHER TOTAL - 1,430,611. 779,277. 651,334. 336,130. 17,149. BUILDINGS 3aLEASEHOLD IMPROVEMENT (FL) 082898SL 39.00 29,553. 29,553. 13,929. 758. 167LEASEHOLD IMPROVEMENT (FL) 092613150DBI5.00 13,994.13,994. 0. 182LEASEHOLD IMPROVEMENT (FL) 092515150DB15.00 25,179.25,179. 0. * OTHER TOTAL BUILDINGS 68,726.39,173. 29,553. 13,929. 758. * OTHER TOTAL - 68,726.39,173. 29,553. 13,929. 758. 196LEASEHOLD IMPROVEMENT (CA) 010516150DBI5.00 11,130.11,130. 0. 197LEASEHOLD IMPROVEMENT (CA) 032316150DB15.00 25,305.25,305. 0. 198LEASEHOLD IMPROVEMENT (CA) 061416150DBE5.00 10,561.10,561. 0. * OTHER TOTAL OTHER 46,996.46,996. 0. 0. 0. BUILDINGS 25LEASEHOLD IMPROVEMENT (CA) 070195SL 39.00 11,498. 11,498. 6,362. 295. 116LEASEHOLD IMPROVEMENT (CA) 022405150DB0.5.00 6,000. 6,000. 4,761. 355. 117LEASEHOLD IMPROVEMENT (CA) 032105150DB15.00 800. 800. 633. 47. 160CEASEHOLD IMPROVEMENT (CA) 091612150DBI5.00 5,285. 5,285. 0. 168LEASEHOLD IMPROVEMENT (CA) 083113150DB15.00 21,300.21,300. 0. 181LEASEHOLD IMPROVEMENT (CA) 062615150DBE5.00 44,230.44,230. 0. * OTHER TOTAL BUILDINGS 89,113.70,815. 18,298. 11,756. 697. * OTHER TOTAL - 136,109. 117,811• 18,298. 11,756. 697. FURNITURE & FIXTURES IFURNITURE & FIXTURES (NY) 053191SL 7.00 4,775. 4,775. 4,775. 0. 7FURNITURE & FIXTURES (NY) 010489SL 5.00 26,013. 26,013. 26,013. 0. 10IFURNITURE & FIXTURES (NY) 070190SL 7.00 4,541. 3,465. 1,076. 1,076. 0. 26FURNITURE & FIXTURES (NY) 070195SL 7.00 31,451. 31,451. 31,451. 0. 31FURNITURE & FIXTURES (NY) 070196SL 7.00 35,874.17,500. 18,374. 18,374. 0. 35FURNITURE & FIXTURES (NY) 070197SL 7.00 8,872. 8,872. 0. 39FURNITURE & FIXTURES (NY) 070198SL 7.00 12,254. 12,254. 12,254. 0. 48FURNITURE & FIXTURES (NY) 070199SL 7.00 66,766. 66,766. 66,766. 0. 60IFURNITURE & FIXTURES (NY) 070100SL 7.00 39,506. 39,506. 39,506. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806224 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC Afe.al Description Date Ammed Method Life Unadjusted CostOrBasis ReduclionM Basis Dae]tiFOr Basis Accumulated Depreciation Amount 01 Depreciation 70/FURNITURE & FIXTURES (NY) 043002SL 7.00 12,000.12,000. 0. 982URNITURE & FIXTURES (NY) 112503SL 7.00 3,598. 1,799. 1,799. 1,799. 0. 99/FURNITURE & FIXTURES (NY) 120403SL 7.00 28,027.14,014. 14,013. 14,013. 0. 100IFURNITURE & FIXTURES (NY) 080803SL 7.00 48,543.24,272. 24,271. 24,271. 0. 101FURNITURE & FIXTURES (NY) 092603SL 7.00 3,874. 1,937. 1,937. 1,937. 0. 102FURNITURE & FIXTURES (NY) 120803SL 7.00 7,275. 3,638. 3,637. 3,637. 0. 111FURNITURE & FIXTURES (NY) 112304SL 7.00 6,001. 6,001. 0. 112FURNITURE & FIXTURES (NY) 013004SL 7.00 165. 165. 0. 124FURNITURE & FIXTURES (NY) 012005SL 7.00 6,215. 6,215. 0. 125FURNITURE & FIXTURES (NY) 031105SL 7.00 111. 111. 0. 126FURNITURE & FIXTURES (NY) 061705SL 7.00 8,440. 8,440. 0. 127TURNITURE & FIXTURES (NY) 071405SL 7.00 936. 936. 0. 134FURNITURE & FIXTURES (NY) 031406SL 7.00 4,664. 4,664. 0. 141FURNITURE & FIXTURES (NY) 021407SL 7.00 4,881. 4,881. 0. 142FURNITURE & FIXTURES (NY) 051507SL 7.00 6,610. 6,610. 0. 150IFURNITURE & FIXTURES (NY) 050708SL 7.00 3,542. 3,542. 0. 151FURNITURE & FIXTURES (NY) 122608SL 7.00 4,400. 4,400. 0. 152FURNITURE & FIXTURES (NY) 012309SL 7.00 4,400. 4,400. 0. 154FURNITURE & FIXTURES (NY) 011410SL 5.00 1,214. 1,214. 0. 169FURNITURE & FIXTURES (NY) 080813SL 7.00 39,929.39,929. 0. 170'FURNITURE & FIXTURES (NY) 123113SL 7.00 11,688.11,688. 0. 175FURNITURE & FIXTURES (NY) 011014SL 7.00 23,085.23,085. 0. 176FURNITURE & FIXTURES (NY) 021414SL 7.00 41,566.41,566. 0. 177TURNITURE & FIXTURES (NY) 050714SL 7.00 17,813.17,813. 0. 185FURNITURE & FIXTURES (NY) 070115200DB'7.00 8,706. 8,706. 0. * OTHER TOTAL FURNITURE AND FIXTURES 527,735. 281.863. 245,872. 245,872. 0. * OTHER TOTAL - 527,735. 281.863. 245,872. 245,872. 0. FURNITURE & FIXTURES 32FURNITURE & FIXTURES (FL) 070196SL 7.00 16,528. 16,528. 16,528. 0. 36FURNITURE & FIXTURES (FL) 070197SL 7.00 1,952. 1,952. 0. 40/FURNITURE & FIXTURES (FL) 070198SL 7.00 21,639. 21,639. 21,639. 0. 49FURNITURE & FIXTURES (FL) 070199SL 7.00 1,953. 1,953. 1,953. 0. 132FURNITURE & FIXTURES (FL) 051506SL 7.00 2,789. 2,789. 0. 133FURNITURE & FIXTURES (FL) 072006SL 7.00 2,999. 2,999. 0. 628103 04.01.16 (D) - As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806225 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR STATE — NEXT MANAGEMENT LLC Assai Description Date Acquired Method Life Unadjusted CostOrBasis Reductionln Basis Basis For Depreciatm Accumulated Depreciation AmouMOI Depreciation 171FURNITURE & FIXTURES (FL) 012913SL 7.00 2,825. 2,825. 0. 178FURNITURE & FIXTURES (FL) 071014SL 7.00 7,196. 7,196. 0. 184FURNITURE & FIXTURES (FL) 101215200DB'7.00 3,778. 3,778. 0. 194FURNITURE & FIXTURES (FL) 060191SL 7.00 16,047. 16,047. 16,047. 0. * OTHER TOTAL FURNITURE AND FIXTURES 77,706.21,539. 56,167. 56,167. 0. * OTHER TOTAL - 77,706.21,539. 56,167. 56,167. 0. FURNITURE & FIXTURES 27FURNITURE & FIXTURES (CA) 070195SL 7.00 16,832. 16,832. 16,832. 0. 33FURNITURE & FIXTURES 070196SL 7.00 6,256. 6,256. 6,256. 0. 41FURNITURE & FIXTURES (CA) 070198SL 7.00 13,092. 13,092. 13,092. 0. 11&FURNITURE & FIXTURES (CA) 031605SL 7.00 6,191. 6,191. 0. 119FURNITURE & FIXTURES (CA) 042905SL 7.00 7,975. 7,975. 0. * OTHER TOTAL FURNITURE AND FIXTURES 50,346.14,166. 36,180. 36,180. 0. * OTHER TOTAL - 50,346.14,166. 36,180. 36,180. 0. MACHINERY & EQUIPMENT 179SOFTWARE (NY) 012215SL 3.00 155,603.77,802. 77,801. 49,707. 25,934. * OTHER TOTAL MACHINERY AND EQUIP 155,603.77,802. 77,801. 49,707. 25,934. * OTHER TOTAL - 155,603.77,802. 77,801. 49,707. 25,934. 187ORGANIZATION COSTS 010489709 60M 26,951. 26,951. 26,951. 0. 188START-UP COSTS 071692195 60M 26,000. 26,000. 26,000. 0. 189START-UP COSTS 070192195 60M 25,000. 25,000. 25,000. 0. 19OCOVENANT NOT TO COMPETE 103110197 180M 3,000,000. 3,000,000. 1,233,333. 200,000. 191ORGANIZATION COSTS 061515709 180M 15,790. 15,790. 1,667. 1,053. * OTHER TOTAL OTHER 3,093,741. 0. 3,093,741. 1,312,951. 201,053. BUILDINGS 186LEASEHOLD IMPROVEMENT (MET) 070115150DB15.00 10,000.10,000. 0. 199LEASEHOLD IMPROVEMENT (MET) 052816150DB15.00 12,600.12,600. 0. * OTHER TOTAL BUILDINGS 22,600.22,600. 0. 0. 0. * OTHER TOTAL - 3,116,341.22 , 600. 3,093,741. 1,312,951. 201,053. * GRAND TOTAL OTHER DEPR AND AMORT 7,281,292. 1,881,889. 5,399,403. 3,253,149. 245,591. TOTALS FOR NEW YORK 7,281,292. 1,881,889. 5,399,403. 3,253,149. 245,591. 105MAINTENANCE (NY) 022504SL 3.00 7,750. 7,750. 0. * OTHER TOTAL OTHER 7,750. 7,750. 0. 0. 0. MACHINERY & EQUIPMENT 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806226 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC Ace.al Description Date Accgma Method Ule Unadjusted CostOrBasis ReductionM Basis Basis For Deprecaon Accumulated Depreciation Amount DI Depreciation 2COMPUTER 4OFFICE 5COMPUTER &OFFICE 11COMPUTER 12PRINTER 13OFFICE 14OFFICE 15COMPUTER 23OFFICE 28OFFICE 42OFFICE SOCOMPUTER 53COMPUTER 55COMPUTER 594COMPUTER 6LOFFICE 62OFFICE 71COMPUTER 72COMPUTER 73COMPUTER 74COMPUTER 75COMPUTER 79COMPUTER 77COMPUTER 78OFFICE 103COMPUTER 104OFFICE 'al 12LOFFICE 122OFFICE 123OFFICE 12 FFICE 13DFFICE EQUIPMENT(NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT(NY) EQUIPMENT (NY) (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) -96 RETIRED EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) -OFFICE EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) 103191SL 010489SL 010489SL 070190SL 013192SL 022693SL 051093SL 100193SL 110193SL 070195SL 070196SL 070198SL 070199SL 070197SL 070196SL 070100SL 010101SL 010101SL 041003SL 041003SL 042403SL 052303SL 061703SL 072203SL 080603SL 082203SL 040103SL 010504SL 020705SL 020505SL 021505SL 110105SL 021606SL 051507SL 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 16,816. 12,215. 47,819. 6,535. 8,539. 4,241. 2,382. 2,454. 31,034.17,500. 55,855. 45,326. 126,474. 202,098. 38,206. -19,757. 174,341. 2,014. 1,959. 41,698.41,698. 20,169.20,169. 3,372. 4,443. 6,582. 5,359. 19,961.19,961. 8,045. 46,500.13,950. 10,835.10,835. 6,714. 2,496. 2,086. 13,164.13,164. 9,755. 39,598.39,598. 6,535. 2,014. 1,959. 3,372. 4,443. 6,582. 5,359. 4,023. 6,714. 2,496. 2,086. 9,755. 16,816. 12,215. 47,819. 8,539. 4,241. 2,382. 2,454. 13,534. 55,855. 45,326. 126,474. 202,098. 38,206. -19,757. 174,341. 4,022. 32,550. 16,816. 12,215. 47,819. 8,539. 4,241. 2,382. 2,454. 13,534. 55,855. 45,326. 126,474. 202,098. 38,206. -19,757. 174,341. 4,022. 32,550. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806227 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC ASS41 Description Date Mcgmed Method Life Unadjusted CoM0rBasis ReduclionM Basis Basis For Depreciatim Accumulated Depreciation Amount 01 Depreciation 136OFFICE 143OFFICE 144OFFICE 145OFFICE 156OFFICE 16LOFFICE 162OFFICE 163OFFICE 172OFFICE 100MAINTENANCE 192OFFICE LOFFICE 16OFFICE 29OFFICE 43OFFICE 51COMPUTER 54COMPUTER 57COMPUTER 63OFFICE 64OFFICE 79OFFICE 80OFFICE 8LOFFICE 82OFFICE 83OFFICE 84OFFICE 85OFFICE 86OFFICE 8 FFICE 11DFFICE EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) EQUIPMENT (NY) * OTHER TOTAL MACHINERY AND EQUIP * OTHER TOTAL - (FL) EQUIP-FL * OTHER TOTAL OTHER MACHINERY & EQUIPMENT EQUIPMENT (FL) EQUIPMENT (USED CAR (FL)) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) EQUIPMENT (FL) 112007SL 031808SL 050708SL 070208SL 053111SL 022212SL 062212SL 080513SL 032814SL 022504SL 080603200DB5.00 083191SL 060193SL 070196SL 070198SL 070199SL 070197SL 070100SL 010101SL 010101SL 040903SL 040903SL 040903SL 060303SL 063003SL 080603SL 100203SL 111803SL 123103SL 020705SL 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 3.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 19,628.19,628. 8,967. 16,400.16,400. 11,364.11,364. 4,382. 6,075. 3,325. 11,001.11,001. 22,211.22,211. 1,102,681.22,211. 1 IA0,431.22,211. 2,500. 2,098. 4,598. 12,526. 2,500. 10,695. 77,109. 45,399. 12,929. 66,827. 4,899. 4,244. 11,449. 5,563. 15,000. 4,088. 1,880. 2,187. 1,639. 3,355. 3,596. 2,110. 8,967. 4,382. 6,075. 3,325. 2,500. 1,049. 1,049. 4,899. 4,244. 3,435. 1,669. 4,500. 2,044. 940. 1,093. 819. 1,678. 1,798. 2,110. 767,115. 767,115. 1,049. 1,049. 12,526. 2,500. 10,695. 77,109. 45,399. 12,929. 66,827. 8,014. 3,894. 10,500. 2,044. 940. 1,094. 820. 1,677. 1,798. 767,115. 767,115. 1,049. 1,049. 12,526. 2,500. 10,695. 77,109. 45,399. 12,929. 66,827. 8,014. 3,894. 10,500. 2,044. 940. 1,094. 820. 1,677. 1,798. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. FIR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806228 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC Ace1 Description Date Mewed Method We Unadjusted CostOrBasis Redudonln Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 12 FFICE EQUIPMENT (FL) 020906SL 5.00 5,550. 5,550. 0. 13 FFICE EQUIPMENT (FL) 051507SL 5.00 11,175.11,175. 0. 13 FFICE EQUIPMENT (FL) 112007SL 5.00 5,328. 5,328. 0. 14 FFICE EQUIPMENT (FL) 012308SL 5.00 12,116.12,116. 0. 19 OMPUTER EQUIPMENT(FL) 103191SL 5.00 1,225. 1,225. 1,225. 0. * OTHER TOTAL MACHINERY AND EQUIP 323,389. 0. 259,991. 259,991. 0. * OTHER TOTAL - 327,987. 0. 261,040. 261,040. 0. CHINERY & EQUIPMENT 5 OMPUTER EQUIPMENT (CA) 070199SL 5.00 69,509. 69,509. 69,509. 0. 5 OMPUTER EQUIPMENT (CA) 070100SL 5.00 66,027. 66,027. 66,027. 0. 6 FFICE EQUIPMENT (CA) 010101SL 5.00 1,161. 1,161. 0. 6 FFICE EQUIPMENT (CA) 010101SL 5.00 1,546. 1,546. 0. 6 FFICE EQUIPMENT (CA) 010101SL 5.00 1,132. 1,132. 0. 6 FFICE EQUIPMENT (CA) 010101SL 5.00 2,273. 2,273. 0. 6 FFICE EQUIPMENT (CA) 071502SL 5.00 4,569. 4,569. 0. 8 FFICE EQUIPMENT (CA) 040903SL 5.00 17,211. 5,163. 12,048. 12,048. 0. 8 FFICE EQUIPMENT (CA) 041603SL 5.00 15,000. 4,500. 10,500. 10,500. 0. 9 FFICE EQUIPMENT (CA) 063003SL 5.00 6,016. 3,008. 3,008. 3,008. 0. 9 FFICE EQUIPMENT (CA) 123103SL 5.00 2,420. 1,210. 1,210. 1,210. 0. 10 FFICE EQUIPMENT (CA) 092904SL 5.00 8,646. 8,646. 0. 11 FFICE EQUIPMENT (CA) 010104SL 5.00 2,500. 2,500. 0. 11 FFICE EQUIPMENT (CA) 031605SL 5.00 1,984. 1,984. 0. 13 FFICE EQUIPMENT (CA) 051507SL 5.00 8,293. 8,293. 0. 14 FFICE EQUIPMENT (CA) 112007SL 5.00 3,084. 3,084. 0. 14 FFICE EQUIPMENT (CA) 012308SL 5.00 14,069.14,069. 0. 15 FFICE EQUIPMENT (CA) 111411SL 5.00 13,425.13,425. 0. 18 FFICE EQUIPMENT (CA) 123115200DB5.00 35,905.35,905. 0. 19 FFICE EQUIPMENT (CA) 042616200DB5.00 4,927. 4,927. 0. * OTHER TOTAL MACHINERY AND EQUIP 279,697. 4,927. 162,302. 162,302. 0. * OTHER TOTAL - 279,697. 4,927. 162,302. 162,302. 0. UILDINGS EASEHOLD IMPROVEMENT (NY) 010489SL 5.00 25,209. 25,209. 25,209. 0. EASEHOLD IMPROVEMENT (NY) 070190SL 31.00 33,158. 33,158. 33,158. 0. 1 EASEHOLD IMPROVEMENT (NY) 022894SL 39.00 8,179. 8,179. 4,594. 210. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806229 2O17 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC A.Sol bk, Description Date Acquired MeMM Life Unadjusted CostOrBasis ' Reduction In Basis Basis For Deoreciatm Accumulated Depreciation Amount Of Depreciation 18LEASEHOLD IMPROVEMENT (NY) 043094SL 39.00 2,319. 2,319. 1,281. 59. 19'LEASEHOLD IMPROVEMENT (NY) 073194SL 39.00 10,964. 10,964. 6,030. 281. 2aLEASEHOLD IMPROVEMENT (NY) 083194SL 39.00 32,074. 32,074. 17,571. 822. 21LEASEHOLD IMPROVEMENT (NY) 103094SL 39.00 11,325. 11,325. 6,151. 290. 22LEASEHOLD IMPROVEMENT (NY) 113094SL 39.00 12,425. 12,425. 6,739. 319. 24LEASEHOLD IMPROVEMENT (NY) 070195SL 39.00 12,155. 12,155. 6,729. 312. 30LEASEHOLD IMPROVEMENT (NY) 070196SL 39.00 54,075. 54,075. 28,356. 1,386. 34.LEASEHOLD IMPROVEMENT (NY) 070197SL 39.00 55,400. 55,400. 27,632. 1,420. 37LEASEHOLD IMPROVEMENT (NY) 112298SL 39.00 11,700. 11,700. 5,438. 300. 47LEASEHOLD IMPROVEMENT (NY) 070199SL 39.00 112,785. 112,785. 50,491. 2,892. 59/LEASEHOLD IMPROVEMENT (NY) 070100SL 39.00 37,330. 37,330. 15,751. 957. 92LEASEHOLD IMPROVEMENT (NY) 062203SL 39.00 103,492.51,746. 51,746. 17,970. 1,327. 93LEASEHOLD IMPROVEMENT (NY) 072403SL 39.00 26,080.13,040. 13,040. 4,495. 334. 94.LEASEHOLD IMPROVEMENT (NY) 081203SL 39.00 17,758. 8,879. 8,879. 3,050. 228. 95LEASEHOLD IMPROVEMENT (NY) 091803SL 39.00 128,435.64,218. 64,217. 21,892. 1,647. 96LEASEHOLD IMPROVEMENT (NY) 102803SL 39.00 16,767. 8,384. 8,383. 2,840. 215. 97LEASEHOLD IMPROVEMENT (NY) 111903SL 39.00 41,981.20,991. 20,990. 7,061. 538. 108LEASEHOLD IMPROVEMENT (NY) 011604SL 39.00 5,649. 2,825. 2,824. 933. 72. 109LEASEHOLD IMPROVEMENT (NY) 021704SL 39.00 7,686. 3,843. 3,843. 1,274. 99. 110CEASEHOLD IMPROVEMENT (NY) 123104150DBE5.00 25,000.12,500. 12,500. 10,326. 738. 1301LEASEHOLD IMPROVEMENT (NY) 022106150DB15.00 10,485. 10,485. 7,700. 619. 131LEASEHOLD IMPROVEMENT (NY) 030306150DBE5.00 21,461. 21,461. 15,757. 1,266. 148LEASEHOLD IMPROVEMENT (NY) 021208150DB15.00 11,736. 5,868. 5,868. 3,426. 346. 149LEASEHOLD IMPROVEMENT (NY) 121908150DBE5.00 16,000. 8,000. 8,000. 4,276. 472. 151LEASEHOLD IMPROVEMENT (NY) 070110150DB15.00 75,753.75,753. 0. 155LEASEHOLD IMPROVEMENT (NY) 111411150DBE5.00 11,227.11,227. 0. 15aLEASEHOLD IMPROVEMENT (NY) 050412150DB15.00 4,167. 4,167. 0. 159LEASEHOLD IMPROVEMENT (NY) 111012150DBE5.00 14,059.14,059. 0. 164LEASEHOLD IMPROVEMENT (NY) 091913150DB15.00 131,030. 131,030. 0. 165LEASEHOLD IMPROVEMENT (NY) 121713150DBI5.00 9,633. 9,633. 0. 166LEASEHOLD IMPROVEMENT (NY) 123113150DB15.00 100,954. 100,954. 0. 173LEASEHOLD IMPROVEMENT (NY) 022714150DBE5.00 12,760.12,760. 0. 174LEASEHOLD IMPROVEMENT (NY) 060414150DB15.00 156,004. 156,004. 0. 181LEASEHOLD IMPROVEMENT (NY) 080515150DBI5.00 63,396.63,396. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3O9O. Commercial Revitalization Deduction. GO Zone EFTA00806230 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR STATE — NEXT MANAGEMENT LLC Afe.al bk, Description Date Accitmed Method We Unadjusted CostOrBasis RedoclionM Basis Bass For Depredatim Accumulated Depreciation Amount 01 Depreciation * OTHER TOTAL BUILDINGS 1,430,611.63,396. 651,334. 336,130. 17,149. * OTHER TOTAL - 1,430,611.63,396. 651,334. 336,130. 17,149. BUILDINGS 38LEASEHOLD IMPROVEMENT (FL) 082898SL 39.00 29,553. 29,553. 13,929. 758. 167LEASEHOLD IMPROVEMENT (FL) 092613150DB15.00 13,994.13,994. 0. 182LEASEHOLD IMPROVEMENT (FL) 0925,15150DB0.5.00 25,179.25,179. 0. * OTHER TOTAL BUILDINGS 68,726.25,179. 29,553. 13,929. 758. * OTHER TOTAL - 68,726.25,179. 29,553. 13,929. 758. 196LEASEHOLD IMPROVEMENT (CA) 010516150DB15.00 11,130.11,130. 0. 197LEASEHOLD IMPROVEMENT (CA) 032316150DB0.5.00 25,305.25,305. 0. 198LEASEHOLD IMPROVEMENT (CA) 061416150DB15.00 10,561.10,561. 0. * OTHER TOTAL OTHER 46,996.10,561. 0. 0. 0. BUILDINGS 25LEASEHOLD IMPROVEMENT (CA) 070195SL 39.00 11,498. 11,498. 6,362. 295. 116LEASEHOLD IMPROVEMENT (CA) 022405150DB15.00 6,000. 6,000. 4,761. 355. 117LEASEHOLD IMPROVEMENT (CA) 032105150DB0.5.00 800. 800. 633. 47. 160/LEASEHOLD IMPROVEMENT (CA) 091612150DB15.00 5,285. 5,285. 0. 168LEASEHOLD IMPROVEMENT (CA) 083113150DB0.5.00 21,300.21,300. 0. 183LEASEHOLD IMPROVEMENT (CA) 062615150DB15.00 44,230.44,230. 0. * OTHER TOTAL BUILDINGS 89,113.44,230. 18,298. 11,756. 697. * OTHER TOTAL - 136,109.44,230. 18,298. 11,756. 697. FURNITURE & FIXTURES 3FURNITURE & FIXTURES (NY) 053191SL 7.00 4,775. 4,775. 4,775. 0. 7FURNITURE & FIXTURES (NY) 010489SL 5.00 26,013. 26,013. 26,013. 0. 10/FURNITURE & FIXTURES (NY) 070190SL 7.00 4,541. 3,465. 1,076. 1,076. 0. 26FURNITURE & FIXTURES (NY) 070195SL 7.00 31,451. 31,451. 31,451. 0. 31FURNITURE & FIXTURES (NY) 070196SL 7.00 35,874.17,500. 18,374. 18,374. 0. 35FURNITURE & FIXTURES (NY) 070197SL 7.00 8,872. 8,872. 0. 39TURNITURE & FIXTURES (NY) 070198SL 7.00 12,254. 12,254. 12,254. 0. 48FURNITURE & FIXTURES (NY) 070199SL 7.00 66,766. 66,766. 66,766. 0. 60/FURNITURE & FIXTURES (NY) 070100SL 7.00 39,506. 39,506. 39,506. 0. 70FURNITURE & FIXTURES (NY) 043002SL 7.00 12,000.12,000. 0. 98FURNITURE & FIXTURES (NY) 112503SL 7.00 3,598. 1,799. 1,799. 1,799. 0. 99TURNITURE & FIXTURES (NY) 120403SL 7.00 28,027.14,014. 14,013. 14,013. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806231 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC Ase...i Description Date Mewed Method Life Unadjusted CostOrBasis ReduclionM Basis Basis For Depreciatim Accumulated Depreciation Amount Of Depreciation 100IFURNITURE & FIXTURES (NY) 080803SL 7.00 48,543.24,272. 24,271. 24,271. 0. 101FURNITURE & FIXTURES (NY) 092603SL 7.00 3,874. 1,937. 1,937. 1,937. 0. 102FURNITURE & FIXTURES (NY) 120803SL 7.00 7,275. 3,638. 3,637. 3,637. 0. 111FURNITURE & FIXTURES (NY) 112304SL 7.00 6,001. 6,001. 0. 112FURNITURE & FIXTURES (NY) 013004SL 7.00 165. 165. 0. 124FURNITURE & FIXTURES (NY) 012005SL 7.00 6,215. 6,215. 0. 125FURNITURE & FIXTURES (NY) 031105SL 7.00 111. 111. 0. 126FURNITURE & FIXTURES (NY) 061705SL 7.00 8,440. 8,440. 0. 127FURNITURE & FIXTURES (NY) 071405SL 7.00 936. 936. 0. 134FURNITURE & FIXTURES (NY) 031406SL 7.00 4,664. 4,664. 0. 141FURNITURE & FIXTURES (NY) 021407SL 7.00 4,881. 4,881. 0. 142FURNITURE & FIXTURES (NY) 051507SL 7.00 6,610. 6,610. 0. 150/FURNITURE & FIXTURES (NY) 050708SL 7.00 3,542. 3,542. 0. 151FURNITURE & FIXTURES (NY) 122608SL 7.00 4,400. 4,400. 0. 152FURNITURE & FIXTURES (NY) 012309SL 7.00 4,400. 4,400. 0. 154FURNITURE & FIXTURES (NY) 011410SL 5.00 1,214. 1,214. 0. 169FURNITURE & FIXTURES (NY) 080813SL 7.00 39,929.39,929. 0. 170IFURNITURE & FIXTURES (NY) 123113SL 7.00 11,688.11,688. 0. 175FURNITURE & FIXTURES (NY) 011014SL 7.00 23,085.23,085. 0. 176FURNITURE & FIXTURES (NY) 021414SL 7.00 41,566.41,566. 0. 177FURNITURE & FIXTURES (NY) 050714SL 7.00 17,813.17,813. 0. 185FURNITURE & FIXTURES (NY) 070115200Dg7.00 8,706. 8,706. 0. * OTHER TOTAL FURNITURE AND FIXTURES 527,735. 8,706. 245,872. 245,872. 0. * OTHER TOTAL - 527,735. 8,706. 245,872. 245,872. 0. FURNITURE & FIXTURES 32FURNITURE & FIXTURES (FL) 070196SL 7.00 16,528. 16,528. 16,528. 0. 36FURNITURE & FIXTURES (FL) 070197SL 7.00 1,952. 1,952. 0. 40WURNITURE & FIXTURES (FL) 070198SL 7.00 21,639. 21,639. 21,639. 0. 49FURNITURE & FIXTURES (FL) 070199SL 7.00 1,953. 1,953. 1,953. 0. 132FURNITURE & FIXTURES (FL) 051506SL 7.00 2,789. 2,789. 0. 133FURNITURE & FIXTURES (FL) 072006SL 7.00 2,999. 2,999. 0. 171FURNITURE & FIXTURES (FL) 012913SL 7.00 2,825. 2,825. 0. 178FURNITURE & FIXTURES (FL) 071014SL 7.00 7,196. 7,196. 0. 184FURNITURE & FIXTURES (FL) 101215200Dg7.00 3,778. 3,778. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806232 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR STATE - NEXT MANAGEMENT LLC As.sol bk, Description Date Acquired Method Life Unadjusted CostOrBasis ReductionM Basis Basis For Depreciatim Accumulated Depreciation Amount DI Depreciation 194FURNITURE & FIXTURES (FL) 060191SL 7.00 16,047. 16,047. 16,047. 0. * OTHER TOTAL FURNITURE AND FIXTURES 77,706. 0. 56,167. 56,167. 0. * OTHER TOTAL - 77,706. 0. 56,167. 56,167. 0. FURNITURE & FIXTURES 27FURNITURE & FIXTURES (CA) 070195SL 7.00 16,832. 16,832. 16,832. 0. 33FURNITURE & FIXTURES 070196SL 7.00 6,256. 6,256. 6,256. 0. 41FURNITURE & FIXTURES (CA) 070198SL 7.00 13,092. 13,092. 13,092. 0. 118FURNITURE & FIXTURES (CA) 031605SL 7.00 6,191. 6,191. 0. 119/FURNITURE & FIXTURES (CA) 042905SL 7.00 7,975. 7,975. 0. * OTHER TOTAL FURNITURE AND FIXTURES 50,346. 7,975. 36,180. 36,180. 0. * OTHER TOTAL - 50,346. 7,975. 36,180. 36,180. 0. MACHINERY & EQUIPMENT 179SOFTWARE (NY) 012215SL 3.00 155,603.77,802. 77,801. 49,707. 25,934. * OTHER TOTAL MACHINERY AND EQUIP 155,603.77,802. 77,801. 49,707. 25,934. * OTHER TOTAL - 155,603.77,802. 77,801. 49,707. 25,934. 187ORGANIZATION COSTS 010489709 60M 26,951. 26,951. 26,951. 0. 188START-UP COSTS 071692195 60M 26,000. 26,000. 26,000. 0. 189START-UP COSTS 070192195 60M 25,000. 25,000. 25,000. 0. 19000VENANT NOT TO COMPETE 103110197 180M 3,000,000. 3,000,000. 1 233,333. 200,000. 191ORGANIZATION COSTS 061515709 180M 15,790. 15,790. 1,667. 1,053. * OTHER TOTAL OTHER 3 093 741 . . - 0. 3,093,741. 1,312,951. 201 , 053 . BUILDINGS 186LEASEHOLD IMPROVEMENT (MET) 070115150DB15.00 10,000.10,000. 0. 199LEASEHOLD IMPROVEMENT (MET) 052816150DB0.5.00 12,600.12,600. 0. * OTHER TOTAL BUILDINGS 22,600.12,600. 0. 0. 0. * OTHER TOTAL - 3,116,341.12,600. 3,093,741. 1,312,951. 201,053. * GRAND TOTAL OTHER DEPR AND AMORT 7,281,292.12 , 600 . 5,399,403. 3,253,149. 245,591. 626106 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806233 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC As.s4i '43 Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 105MAINTENANCE (NY) 022504 L 3.00 7,750. 7,750. 0. * OTHER TOTAL OTHER 7,750. 7,750. 0. 0. 0. MACHINERY & EQUIPMENT DCOMPUTER EQUIPMENT(NY) 103191 L 5.00 16,816. 16,816. 16,816. 0. 4OFFICE EQUIPMENT (NY) 010489 L 5.00 12,215. 12,215. 12,215. 0. 5COMPUTER EQUIPMENT (NY) 010489 L 5.00 47,819. 47,819. 47,819. 0. 8OFFICE EQUIPMENT(NY) 070190 L 5.00 6,535. 6,535. 0. 11COMPUTER EQUIPMENT (NY) 013192 L 5.00 8,539. 8,539. 8,539. 0. 12TRINTER (NY) 022693 L 5.00 4,241. 4,241. 4,241. 0. 13OFFICE EQUIPMENT (NY) 051093 L 5.00 2,382. 2,382. 2,382. 0. 14OFFICE EQUIPMENT (NY) 100193 L 5.00 2,454. 2,454. 2,454. 0. 628100 04.01.16 (0) - As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806234 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Af4:4i '43 Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 15COMPUTER EQUIPMENT (NY) 110193SL 5.00 31,034.17,500. 13,534. 13,534. 0. 23OFFICE EQUIPMENT (NY) 070195SL 5.00 55,855. 55,855. 55,855. 0. 28OFFICE EQUIPMENT (NY) 070196SL 5.00 45,326. 45,326. 45,326. 0. 42OFFICE EQUIPMENT (NY) 070198SL 5.00 126,474. 126,474. 126,474. 0. 50COMPUTER EQUIPMENT (NY) 070199SL 5.00 202,098. 202,098. 202,098. 0. 53COMPUTER EQUIPMENT (NY) 070197SL 5.00 38,206. 38,206. 38,206. 0. 55COMPUTER -96 RETIRED 070196SL 5.00 -19,757. -19,757. -19,757. 0. 56COMPUTER EQUIPMENT (NY) 070100SL 5.00 174,341. 174,341. 174,341. 0. 61OFFICE EQUIPMENT (NY) 010101SL 5.00 2,014. 2,014. 0. 62OFFICE EQUIPMENT (NY) 010101SL 5.00 1,959. 1,959. 0. 71COMPUTER EQUIPMENT (NY) 041003SL 5.00 41,698.41,698. 0. 628103 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. FIR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806235 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Af4:4i '43 Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 72/COMPUTER EQUIPMENT (NY) 041003SL 5.00 20,169.20,169. 0. 73tOMPUTER EQUIPMENT (NY) 042403SL 5.00 3,372. 3,372. 0. 74COMPUTER EQUIPMENT (NY) 052303SL 5.00 4,443. 4,443. 0. 75COMPUTER EQUIPMENT (NY) 061703SL 5.00 6,582. 6,582. 0. 76COMPUTER EQUIPMENT (NY) 072203SL 5.00 5,359. 5,359. 0. 77COMPUTER EQUIPMENT (NY) 080603SL 5.00 19,961.19,961. 0. 78OFFICE EQUIPMENT (NY) 082203SL 5.00 8,045. 4,023. 4,022. 4,022. 0. 103COMPUTER EQUIPMENT (NY) 040103SL 5.00 46,500.13,950. 32,550. 32,550. 0. 104OFFICE EQUIPMENT (NY) 010504SL 5.00 10,835.10,835. 0. 1200FFICE EQUIPMENT (NY) 020705SL 5.00 6,714. 6,714. 0. 121OFFICE EQUIPMENT (NY) 020505SL 5.00 2,496. 2,496. 0. 628100 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806236 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC AN A Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 122AFFICE EQUIPMENT (NY) 021505SL 5.00 2,086. 2,086. 0. 123OFFICE EQUIPMENT (NY) 110105SL 5.00 13,164.13,164. 0. 128OFFICE EQUIPMENT (NY) 021606SL 5.00 9,755. 9,755. 0. 135OFFICE EQUIPMENT (NY) 051507SL 5.00 39,598.39,598. 0. 136OFFICE EQUIPMENT (NY) 112007SL 5.00 19,628.19,628. 0. 143OFFICE EQUIPMENT (NY) 031808SL 5.00 8,967. 8,967. 0. 144OFFICE EQUIPMENT (NY) 050708SL 5.00 16,400.16,400. 0. 145OFFICE EQUIPMENT (NY) 070208SL 5.00 11,364.11,364. 0. 156OFFICE EQUIPMENT (NY) 053111SL 5.00 4,382. 4,382. 0. 16LOFFICE EQUIPMENT (NY) 022212SL 5.00 6,075. 6,075. 0. 16aOFFICE EQUIPMENT (NY) 062212SL 5.00 3,325. 3,325. 0. 628100 04.01.16 (0) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806237 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC As.s4i '43 Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount 01 Depreciation 163OFFICE EQUIPMENT (NY) 080513SL 5.00 11,001.11,001. 0. 17WFFICE EQUIPMENT (NY) 032814SL 5.00 22,211.22,211. 0. * OTHER TOTAL MACHINERY & EQUIPMENT 1,102,681. 335.566. 767,115. 767,115. 0. * OTHER TOTAL - 1,110,431. 343,316. 767,115. 767,115. 0. 106MAINTENANCE (FL) 022504SL 3.00 2,500. 2,500. 0. 192OFFICE EQUIP-FL 080603200DB6.00 2,098. 1,049. 1,049. 1,049. 0. AMT DEPRECIATION 200DB5.00 ACE DEPRECIATION SL 5.00 * OTHER TOTAL OTHER 4,598. 3,549. 1,049. 1,049. 0. MACHINERY & EQUIPMENT 'OFFICE EQUIPMENT (FL) 083191SL 5.00 12,526. 12,526. 12,526. 0. 16OFFICE EQUIPMENT (USED CAR (FL)) 060193SL 5.00 2,500. 2,500. 2,500. 0. 29OFFICE EQUIPMENT (FL) 070196SL 5.00 10,695. 10,695. 10,695. 0. 628100 04.01.16 (0) - As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806238 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Af4:4i '43 Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 43OFFICE EQUIPMENT (FL) 070198SL 5.00 77,109. 77,109. 77,109. 0. 51COMPUTER EQUIPMENT (FL) 070199SL 5.00 45,399. 45,399. 45,399. 0. 54COMPUTER EQUIPMENT (FL) 070197SL 5.00 12,929. 12,929. 12,929. 0. 57COMPUTER EQUIPMENT (FL) 070100SL 5.00 66,827. 66,827. 66,827. 0. 63OFFICE EQUIPMENT (FL) 010101SL 5.00 4,899. 4,899. 0. 64OFFICE EQUIPMENT (FL) 010101SL 5.00 4,244. 4,244. 0. 79OFFICE EQUIPMENT (FL) 040903SL 5.00 11,449. 3,435. 8,014. 8,014. 0. 80OFFICE EQUIPMENT (FL) 040903SL 5.00 5,563. 1,669. 3,894. 3,894. 0. 81OFFICE EQUIPMENT (FL) 040903SL 5.00 15,000. 4,500. 10,500. 10,500. 0. 82OFFICE EQUIPMENT (FL) 060303SL 5.00 4,088. 2,044. 2,044. 2,044. 0. 83OFFICE EQUIPMENT (FL) 063003SL 5.00 1,880. 940. 940. 940. 0. 628180 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806239 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Ac4 i Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount 01 Depreciation 84OFFICE EQUIPMENT (FL) 080603SL 5.00 2,187. 1,093. 1,094. 1,094. 0. 85OFFICE EQUIPMENT (FL) 100203SL 5.00 1,639. 819. 820. 820. 0. 86OFFICE EQUIPMENT (FL) 111803SL 5.00 3,355. 1,678. 1,677. 1,677. 0. 87OFFICE EQUIPMENT (FL) 123103SL 5.00 3,596. 1,798. 1,798. 1,798. 0. 114OFFICE EQUIPMENT (FL) 020705SL 5.00 2,110. 2,110. 0. 129OFFICE EQUIPMENT (FL) 020906SL 5.00 5,550. 5,550. 0. 137OFFICE EQUIPMENT (FL) 051507SL 5.00 11,175.11,175. 0. 138OFFICE EQUIPMENT (FL) 112007SL 5.00 5,328. 5,328. 0. 146OFFICE EQUIPMENT (FL) 012308SL 5.00 12,116.12,116. 0. 193COMPUTER EQUIPMENT(FL) 103191SL 5.00 1,225. 1,225. 1,225. 0. * OTHER TOTAL MACHINERY & EQUIPMENT 323,389.63,398. 259,991. 259,991. 0. 626106 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806240 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Af.s.A bk, Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation * OTHER TOTAL - 327,987.66,947. 261,040. 261,040. 0. MACHINERY & EQUIPMENT 52COMPUTER EQUIPMENT (CA) 070199SL 5.00 69,509. 69,509. 69,509. 0. 58COMPUTER EQUIPMENT (CA) 070100SL 5.00 66,027. 66,027. 66,027. 0. 65OFFICE EQUIPMENT (CA) 010101SL 5.00 1,161. 1,161. 0. 66OFFICE EQUIPMENT (CA) 010101SL 5.00 1,546. 1,546. 0. 67OFFICE EQUIPMENT (CA) 010101SL 5.00 1,132. 1,132. 0. 68OFFICE EQUIPMENT (CA) 010101SL 5.00 2,273. 2,273. 0. 69OFFICE EQUIPMENT (CA) 071502SL 5.00 4,569. 4,569. 0. 88OFFICE EQUIPMENT (CA) 040903SL 5.00 17,211. 5,163. 12,048. 12,048. 0. 89OFFICE EQUIPMENT (CA) 041603SL 5.00 15,000. 4,500. 10,500. 10,500. 0. 628100 04.01.16 (D) - As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806241 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC As.s4i ND Description Oat Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 90OFFICE EQUIPMENT (CA) 063003SL 5.00 6,016. 3,008. 3,008. 3,008. 0. 91OFFICE EQUIPMENT (CA) 123103SL 5.00 2,420. 1,210. 1,210. 1,210. 0. 107OFFICE EQUIPMENT (CA) 092904SL 5.00 8,646. 8,646. 0. 113OFFICE EQUIPMENT (CA) 010104SL 5.00 2,500. 2,500. 0. 115OFFICE EQUIPMENT (CA) 031605SL 5.00 1,984. 1,984. 0. 139OFFICE EQUIPMENT (CA) 051507SL 5.00 8,293. 8,293. 0. 140OFFICE EQUIPMENT (CA) 112007SL 5.00 3,084. 3,084. 0. 147OFFICE EQUIPMENT (CA) 012308SL 5.00 14,069.14,069. 0. 157OFFICE EQUIPMENT (CA) 111411SL 5.00 13,425.13,425. 0. 180OFFICE EQUIPMENT (CA) 123115200DB6.00 35,905.35,905. 0. AMT DEPRECIATION 150DB5.00 ACE DEPRECIATION SL 5.00 195OFFICE EQUIPMENT (CA) 042616200DB5.00 4,927. 4,927. 0. AMT DEPRECIATION 150DB5.00 ACE DEPRECIATION SL 5.00 628180 04.01.16 (0) - As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806242 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC A.PSOI bk, Description Date Mewed Method We Unadjusted CostOrBasis RedudonM Basis Basis For Doredatim Accumulated Depreciation Amount Of Depreciation * OTHER TOTAL MACHINERY & EQUIPMENT 279,697. 117,395. 162,302. 162,302. 0. * OTHER TOTAL - 279,697. 117.395. 162,302. 162,302. 0. BUILDINGS GLEASEHOLD IMPROVEMENT (NY) 010489SL 5.00 25,209. 25,209. 25,209. 0. 9LEASEHOLD IMPROVEMENT (NY) 070190SL 31.00 33,158. 33,158. 33,158. 0. 17LEASEHOLD IMPROVEMENT (NY) 022894SL 39.00 8,179. 8,179. 4,594. 210. AMT DEPRECIATION SL 40.00 4,667. 204. ACE DEPRECIATION SL 40.00 4,667. 204. 18LEASEHOLD IMPROVEMENT (NY) 043094SL 39.00 2,319. 2,319. 1,281. 59. AMT DEPRECIATION SL 40.00 1,317. 58. ACE DEPRECIATION SL 40.00 1,317. 58. 19LEASEHOLD IMPROVEMENT (NY) 073194SL 39.00 10,964. 10,964. 6,030. 281. AMT DEPRECIATION SL 40.00 6,154. 274. ACE DEPRECIATION SL 40.00 6,154. 274. 20LEASEHOLD IMPROVEMENT (NY) 083194SL 39.00 32,074. 32,074. 17,571. 822. AMT DEPRECIATION SL 40.00 17,945. 802. ACE DEPRECIATION SL 40.00 17,945. 802. 21LEASEHOLD IMPROVEMENT (NY) 103094SL 39.00 11,325. 11,325. 6,151. 290. AMT DEPRECIATION SL 40.00 6,285. 283. ACE DEPRECIATION SL 40.00 6,285. 283. 22LEASEHOLD IMPROVEMENT (NY) 113094SL 39.00 12,425. 12,425. 6,739. 319. AMT DEPRECIATION SL 40.00 6,881. 311. ACE DEPRECIATION SL 40.00 6,881. 311. 626106 04.01.16 (0) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806243 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC A.PSOI bk, Description Oat Mowed Method Life Unadjusted CostOrBasis ReduclionM Basis Basis For Depredatim Accumulated Depreciation Amount Of Depreciation 24LEASEHOLD IMPROVEMENT (NY) 070195SL 39.00 12,155. 12,155. 6,729. 312. AMT DEPRECIATION SL 40.00 6,523. 304. ACE DEPRECIATION SL 40.00 6,523. 304. 30ILEASEHOLD IMPROVEMENT (NY) 070196SL 39.00 54,075. 54,075. 28,356. 1,386. AMT DEPRECIATION SL 40.00 27,660. 1,352. ACE DEPRECIATION SL 40.00 27,660. 1,352. 34LEASEHOLD IMPROVEMENT (NY) 070197SL 39.00 55,400. 55,400. 27,632. 1,420. AMT DEPRECIATION SL 40.00 26,950. 1,385. ACE DEPRECIATION SL 40.00 26,950. 1,385. 37LEASEHOLD IMPROVEMENT (NY) 112298SL 39.00 11,700. 11,700. 5,438. 300. AMT DEPRECIATION SL 40.00 5,311. 293. ACE DEPRECIATION SL 40.00 5,311. 293. 47LEASEHOLD IMPROVEMENT (NY) 070199SL 39.00 112,785. 112,785. 50,491. 2,892. AMT DEPRECIATION SL 39.00 2,892. ACE DEPRECIATION SL 39.00 2,892. 59LEASEHOLD IMPROVEMENT (NY) 070100SL 39.00 37,330. 37,330. 15,751. 957. AMT DEPRECIATION SL 39.00 957. ACE DEPRECIATION SL 39.00 957. 92LEASEHOLD IMPROVEMENT (NY) 062203SL 39.00 103,492.51,746. 51,746. 17,970. 1,327. AMT DEPRECIATION SL 39.00 51,746. 51,746. 1,327. ACE DEPRECIATION SL 39.00 1,327. 93LEASEHOLD IMPROVEMENT (NY) 072403SL 39.00 26,080.13,040. 13,040. 4,495. 334. AMT DEPRECIATION SL 39.00 13,040. 13,040. 334. ACE DEPRECIATION SL 39.00 334. 94LEASEHOLD IMPROVEMENT (NY) 081203SL 39.00 17,758. 8,879. 8,879. 3,050. 228. AMT DEPRECIATION SL 39.00 8,879. 8,879. 228. ACE DEPRECIATION SL 39.00 228. 95LEASEHOLD IMPROVEMENT (NY) 091803SL 39.00 128,435.64,218. 64,217. 21,892. 1,647. AMT DEPRECIATION SL 39.00 64,217. 64,217. 1,647. ACE DEPRECIATION SL 39.00 1,647. 96LEASEHOLD IMPROVEMENT (NY) 102803SL 39.00 16,767. 8,384. 8,383. 2,840. 215. AMT DEPRECIATION SL 39.00 8,383. 8,383. 215. ACE DEPRECIATION SL 39.00 215. 628100 04.01.16 (0) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806244 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Afe.al bk, Description Date Mowed Method Life Unadjusted CostOrBasis ReduclionM Basis Basis For Depreciatim Accumulated Depreciation Amount Of Depreciation 97LEASEHOLD IMPROVEMENT (NY) 111903SL 39.00 41,981.20,991. 20,990. 7,061. 538. AMT DEPRECIATION SL 39.00 20,990. 20,990. 538. ACE DEPRECIATION SL 39.00 538. 108LEASEHOLD IMPROVEMENT (NY) 011604SL 39.00 5,649. 2,825. 2,824. 933. 72. AMT DEPRECIATION SL 39.00 2,824. 2,824. 72. ACE DEPRECIATION SL 39.00 72. 109/LEASEHOLD IMPROVEMENT (NY) 021704SL 39.00 7,686. 3,843. 3,843. 1,274. 99. AMT DEPRECIATION SL 39.00 3,843. 3,843. 99. ACE DEPRECIATION SL 39.00 99. 110L,EASEHOLD IMPROVEMENT (NY) 123104150DBC.5.00 25,000.12,500. 12,500. 10,326. 738. AMT DEPRECIATION 150DB15.00 12,500. 12,500. 738. ACE DEPRECIATION SL 15.00 738. 130LEASEHOLD IMPROVEMENT (NY) 022106150DB15.00 10,485. 10,485. 7,700. 619. AMT DEPRECIATION 150DB0.5.00 7,699. 619. ACE DEPRECIATION SL 15.00 7,699. 619. 131LEASEHOLD IMPROVEMENT (NY) 030306150DBC.5.00 21,461. 21,461. 15,757. 1,266. AMT DEPRECIATION 150DB15.00 15,757. 1,268. ACE DEPRECIATION SL 15.00 15,757. 1,268. 148LEASEHOLD IMPROVEMENT (NY) 021208150DB15.00 11,736. 5,868. 5,868. 3,426. 346. AMT DEPRECIATION 150DB0.5.00 5,868. 5,868. 346. ACE DEPRECIATION SL 15.00 346. 149LEASEHOLD IMPROVEMENT (NY) 121908150DB0.5.00 16,000. 8,000. 8,000. 4,276. 472. AMT DEPRECIATION 150DB15.00 8,000. 8,000. 472. ACE DEPRECIATION SL 15.00 472. 153LEASEHOLD IMPROVEMENT (NY) 070110150DB15.00 75,753.75,753. 0. AMT DEPRECIATION 150DB0.5.00 ACE DEPRECIATION SL 15.00 155LEASEHOLD IMPROVEMENT (NY) 111411150DB0.5.00 11,227.11,227. 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 158LEASEHOLD IMPROVEMENT (NY) 050412150DB15.00 4,167. 4,167. 0. AMT DEPRECIATION 150DB0.5.00 ACE DEPRECIATION SL 15.00 628100 04.01.16 (0) - As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806245 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR CALIFORNIA — NEXT MANAGEMENT LLC A f.SO I bk, Description Date Acquired Method Life Unadjusted COMCIeBdei5 ' Reduction In Basis Basis For pptedMi00 Accumulated Depreciation Amount Of Depreciation 1591EASEHOLD IMPROVEMENT (NY) 111012150DB15.00 14,059.14,059. 0. AMT DEPRECIATION 150DBI5.00 ACE DEPRECIATION SL 15.00 164LEASEHOLD IMPROVEMENT (NY) 091913150DB0.5.00 131,030. 131,030, 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 165LEASEHOLD IMPROVEMENT (NY) 121713150DB15.00 9,633. 9,633. 0. AMT DEPRECIATION 150DB0.5.00 ACE DEPRECIATION SL 15.00 166LEASEHOLD IMPROVEMENT (NY) 123113150DB0.5.00 100,954. 100,954• 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 173LEASEHOLD IMPROVEMENT (NY) 022714150DB15.00 12,760.12,760. 0. AMT DEPRECIATION 150DB0.5.00 ACE DEPRECIATION SL 15.00 174LEASEHOLD IMPROVEMENT (NY) 060414150DBC.5.00 156,004. 156,004. 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 181LEASEHOLD IMPROVEMENT (NY) 080515150DB15.00 63,396.63,396. 0. AMT DEPRECIATION 150DB0.5.00 ACE DEPRECIATION SL 15.00 * OTHER TOTAL BUILDINGS 1,430,611. 779,277 • 651,334. 336,130. 17,149. * OTHER TOTAL - 1,430,611. 779,277. 651,334. 336,130. 17,149. BUILDINGS 38LEASEHOLD IMPROVEMENT (FL) 082898SL 39.00 29,553. 29,553. 13,929. 758. AMT DEPRECIATION SL 40.00 13,579. 739. ACE DEPRECIATION SL 40.00 13,579. 739. 626106 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806246 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Ace.O1 bk, Description Date Accnthed Method We Unadjusted CostOrBasis ReduclionM Basis Basis For Depreciation Accumulated Depreciation Amount 01 Depreciation 167LEASEHOLD IMPROVEMENT (FL) 092613150DB15.00 13,994.13,994. 0. AMT DEPRECIATION 150DBI5.00 ACE DEPRECIATION SL 15.00 182LEASEHOLD IMPROVEMENT (FL) 092515150DBC.5.00 25,179.25,179. 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 * OTHER TOTAL BUILDINGS 68,726.39,173. 29,553. 13,929. 758. * OTHER TOTAL - 68,726.39,173. 29,553. 13,929. 758. 196LEASEHOLD IMPROVEMENT (CA) 010516150DB15.00 11,130.11,130. 0. AMT DEPRECIATION 150DB0.5.00 ACE DEPRECIATION SL 15.00 197LEASEHOLD IMPROVEMENT (CA) 032316150DBC.5.00 25,305. 8,943. 16,362. 818. 1,554. AMT DEPRECIATION 150DB15.00 1,554. ACE DEPRECIATION SL 15.00 1,554. 198LEASEHOLD IMPROVEMENT (CA) 061416150DB15.00 10,561. 10,561. 528. 1,003. AMT DEPRECIATION 150DB0.5.00 528. 1,003. ACE DEPRECIATION SL 15.00 528. 1,003. * OTHER TOTAL OTHER 46,996.20,073. 26,923. 1,346. 2,557. BUILDINGS 25LEASEHOLD IMPROVEMENT (CA) 070195SL 39.00 11,498. 11,498. 6,362. 295. AMT DEPRECIATION SL 40.00 6,159. 287. ACE DEPRECIATION SL 40.00 6,159. 287. 116LEASEHOLD IMPROVEMENT (CA) 022405150DB15.00 6,000. 6,000. 4,761. 355. AMT DEPRECIATION 150DB0.5.00 4,761. 354. ACE DEPRECIATION SL 15.00 4,761. 354. 628100 04.01.16 (0) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806247 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Ace.al bk, Description Date Acquired Method We Unadjusted CostOrBasis ReductionM Basis Basis For Doredatim Accumulated Depreciation Amount Of Depreciation 117LEASEHOLD IMPROVEMENT (CA) 032105150DB15.00 800. 800. 633. 47. AMT DEPRECIATION 150DB15.00 634. 47. ACE DEPRECIATION SL 15.00 634. 47. 160ILEASEHOLD IMPROVEMENT (CA) 091612150DB15.00 5,285. 5,285. 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 168LEASEHOLD IMPROVEMENT (CA) 083113150DB15.00 21,300.21,300. 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 183.LEASEHOLD IMPROVEMENT (CA) 062615150DB15.00 44,230.44,230. 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 * OTHER TOTAL BUILDINGS 89,113.70,815. 18,298. 11,756. 697. * OTHER TOTAL - 136,109.90,888. 45,221. 13,102. 3,254. FURNITURE & FIXTURES IFURNITURE & FIXTURES (NY) 053191SL 7.00 4,775. 4,775. 4,775. 0. 7FURNITURE & FIXTURES (NY) 010489SL 5.00 26,013. 26,013. 26,013. 0. lOWURNITURE & FIXTURES (NY) 070190SL 7.00 4,541. 3,465. 1,076. 1,076. 0. 26FURNITURE & FIXTURES (NY) 070195SL 7.00 31,451. 31,451. 31,451. 0. 628100 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806248 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Assai Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 31FURNITURE & FIXTURES (NY) 070196SL 7.00 35,874.17,500. 18,374. 18,374. 0. 35FURNITURE & FIXTURES (NY) 070197SL 7.00 8,872. 8,872. 0. 39FURNITURE & FIXTURES (NY) 070198SL 7.00 12,254. 12,254. 12,254. 0. 48FURNITURE & FIXTURES (NY) 070199SL 7.00 66,766. 66,766. 66,766. 0. 60FURNITURE & FIXTURES (NY) 070100SL 7.00 39,506. 39,506. 39,506. 0. 70IFURNITURE & FIXTURES (NY) 043002SL 7.00 12,000.12,000. 0. 98FURNITURE & FIXTURES (NY) 112503SL 7.00 3,598. 1,799. 1,799. 1,799. 0. 99'FURNITURE & FIXTURES (NY) 120403SL 7.00 28,027.14,014. 14,013. 14,013. 0. 100FURNITURE & FIXTURES (NY) 080803SL 7.00 48,543.24,272. 24,271. 24,271. 0. 101FURNITURE & FIXTURES (NY) 092603SL 7.00 3,874. 1,937. 1,937. 1,937. 0. 102TURNITURE & FIXTURES (NY) 120803SL 7.00 7,275. 3,638. 3,637. 3,637. 0. 628100 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. FIR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806249 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR CALIFORNIA — NEXT MANAGEMENT LLC As.s.n ND Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 111FURNITURE & FIXTURES (NY) 112304SL 7.00 6,001. 6,001. 0. 112YURNITURE & FIXTURES (NY) 013004SL 7.00 165. 165. 0. 124FURNITURE & FIXTURES (NY) 012005SL 7.00 6,215. 6,215. 0. 125FURNITURE & FIXTURES (NY) 031105SL 7.00 111. 111. 0. 126FURNITURE & FIXTURES (NY) 061705SL 7.00 8,440. 8,440. 0. 12TFURNITURE & FIXTURES (NY) 071405SL 7.00 936. 936. 0. 134FURNITURE & FIXTURES (NY) 031406SL 7.00 4,664. 4,664. 0. 141FURNITURE & FIXTURES (NY) 021407SL 7.00 4,881. 4,881. 0. 142TURNITURE & FIXTURES (NY) 051507SL 7.00 6,610. 6,610. 0. 150IFURNITURE & FIXTURES (NY) 050708SL 7.00 3,542. 3,542. 0. 151FURNITURE & FIXTURES (NY) 122608SL 7.00 4,400. 4,400. 0. 628100 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806250 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR CALIFORNIA — NEXT MANAGEMENT LLC Af4:4i ND Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 152FURNITURE & FIXTURES (NY) 012309SL 7.00 4,400. 4,400. 0. 151FURNITURE & FIXTURES (NY) 011410SL 5.00 1,214. 1,214. 0. 169FURNITURE & FIXTURES (NY) 080813SL 7.00 39,929.39,929. 0. 170IFURNITURE & FIXTURES (NY) 123113SL 7.00 11,688.11,688. 0. 175FURNITURE & FIXTURES (NY) 011014SL 7.00 23,085.23,085. 0. 176-FURNITURE & FIXTURES (NY) 021414SL 7.00 41,566.41,566. 0. 177FURNITURE & FIXTURES (NY) 050714SL 7.00 17,813.17,813. 0. 185YURNITURE & FIXTURES (NY) 070115200Dff7.00 8,706. 8,706. 0. AMT DEPRECIATION 150DR7.00 ACE DEPRECIATION SL 7.00 * OTHER TOTAL FURNITURE & FIXTURES 527,735. 281,863. 245,872. 245,872. 0. * OTHER TOTAL - 527,735. 281,863. 245,872. 245,872. 0. FURNITURE & FIXTURES 626106 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806251 2017 DEPRECIATION AND AMORTIZATION REPORT — NEXT YEAR CALIFORNIA — NEXT MANAGEMENT LLC As.s4i ND Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation 32FURNITURE & FIXTURES (FL) 070196SL 7.00 16,528. 16,528. 16,528. 0. 36PURNITURE & FIXTURES (FL) 070197SL 7.00 1,952. 1,952. 0. 40FURNITURE & FIXTURES (FL) 070198SL 7.00 21,639. 21,639. 21,639. 0. 49'FURNITURE & FIXTURES (FL) 070199SL 7.00 1,953. 1,953. 1,953. 0. 132TURNITURE & FIXTURES (FL) 051506SL 7.00 2,789. 2,789. 0. 133FURNITURE & FIXTURES (FL) 072006SL 7.00 2,999. 2,999. 0. 171FURNITURE & FIXTURES (FL) 012913SL 7.00 2,825. 2,825. 0. 178SURNITURE & FIXTURES (FL) 071014SL 7.00 7,196. 7,196. 0. 184FURNITURE & FIXTURES (FL) 101215200DB7.00 3,778. 3,778. 0. AMT DEPRECIATION 150DB7.00 ACE DEPRECIATION SL 7.00 194FURNITURE & FIXTURES (FL) 060191SL 7.00 16,047. 16,047. 16,047. 0. * OTHER TOTAL FURNITURE & FIXTURES 77,706.21,539. 56,167. 56,167. 0. 626106 04.01.16 (D) - As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806252 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC As.s4i bk, Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation * OTHER TOTAL - 77,706.21,539. 56,167. 56,167. 0. FURNITURE & FIXTURES 27FURNITURE & FIXTURES (CA) 070195SL 7.00 16,832. 16,832. 16,832. 0. 31FURNITURE & FIXTURES 070196SL 7.00 6,256. 6,256. 6,256. 0. 41FURNITURE & FIXTURES (CA) 070198SL 7.00 13,092. 13,092. 13,092. 0. 118FURNITURE & FIXTURES (CA) 031605SL 7.00 6,191. 6,191. 0. 119FURNITURE & FIXTURES (CA) 042905SL 7.00 7,975. 7,975. 0. * OTHER TOTAL FURNITURE & FIXTURES 50,346.14,166. 36,180. 36,180. 0. * OTHER TOTAL - 50,346.14,166. 36,180. 36,180. 0. MACHINERY & EQUIPMENT 179SOFTWARE (NY) 012215SL 3.00 155,603.77,802. 77,801. 49,707. 25,934. AMT DEPRECIATION SL 3.00 25,934. ACE DEPRECIATION SL 3.00 25,934. 628100 04.01.16 (0) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806253 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC es.s4i ND Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In Basis Basis For Depreciation Accumulated Depreciation Amount Of Depreciation * OTHER TOTAL MACHINERY & EQUIPMENT 155,603.77,802. 77,801. 49,707. 25,934. * OTHER TOTAL - 155,603.77,802. 77,801. 49,707. 25,934. 187ORGANIZATION COSTS 010489709 60M 26,951. 26,951. 26,951. 0. 188START-UP COSTS 071692195 60M 26,000. 26,000. 26,000. 0. 189START-UP COSTS 070192195 60M 25,000. 25,000. 25,000. 0. 190,COVENANT NOT TO COMPETE 103110197 180M 3,000,000• 3,000,000. 1,233,333. 200,000. 191ORGANIZATION COSTS 061515709 180M 15,790. 15,790. 1,667. 1,053. * OTHER TOTAL OTHER 3,093,741. 0. 3,093,741. 1,312,951. 201,053. BUILDINGS 186IEASEHOLD IMPROVEMENT (MET) 070115150DBC5.00 10,000.10,000. 0. AMT DEPRECIATION 150DB15.00 ACE DEPRECIATION SL 15.00 19WLEASEHOLD IMPROVEMENT (MET) 052816150DB15.00 12,600. 12,600. 630. 1,197. AMT DEPRECIATION 150DB15.00 630. 1,197. ACE DEPRECIATION SL 15.00 630. 1,197. 626106 04.01.16 (D) As et disposed • ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806254 2017 DEPRECIATION AND AMORTIZATION REPORT - NEXT YEAR CALIFORNIA - NEXT MANAGEMENT LLC Af.s..:d ND Description Date Acquired Method Life Unadjusted Cost Or Basis Reduction In 6,35.* Basis For Depreciation Accumulated Depreciation Amount Of Depreciation * * * OTHER TOTAL BUILDINGS OTHER TOTAL - GRAND TOTAL OTHER DEPR AMT DEPRECIATION ACE DEPRECIATION & AMORT 22,600.10,000. 3,116,341 7,281,292 1,610,402. 1,810,696. 0 , 000 . 1,842,366. 12,600. 3,106,341. 5,438,926. 558,901. 759,191. 630. 1,313,581. 3,255,125. 159,440. 159,440. 1,197. 202,250. 249,345. 48,133. 48,133. 628100 04.01-16 0) Asset disposed ITC. Section 179. Salvage. HR 3090. Commercial Revitalization Deduction. GO Zone EFTA00806255 CLAXON INC C/O NEXT MANAGEMENT LLC 651113 Schedule K-1 2016 (Form 1065) For Wife year 2016. or lax Department of the Treasury yaw beginning { 1 Final K-1 Li Amended K-1 0MB No. 1545-0123 Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items Internal Revenue Service *riding 1 Ordinary business income (loss) I 1,050,186. 15 Credits Partner's Share of Income, Deductions, Credits, etc. li. See separate instructions. 2 Nor minimal estate IncomePOW I 16 Foreign transactions Part I Information About the Partnership 3 Other net rental income (loss) I A Partnership's employer identification number 13-3495607 4 Guaranteed payments I B Partnership's name, address, city, state, and ZIP code NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 5 Interest income I 6,707. 6a Ordinary dividends I 17 Alternative A min tax (AMT) items 68. 66 Qualified dividends I C IRS Center where partnership filed return E —FILE 7 Royalties I (PTP) 18 Tax-exempt nondeductible C* income and expenses STMT D Q Check if this is a publicly traded partnershei 8 Net short-term capital gain (loss) I Part II Information About the Partner 9a Net long-term capital gain (loss) I E Partners identifying number 13-3508513 9b Collectibles (28%) gain (loss) I 19 Distributions A 945,000. F Partners name, address, city, state, and ZIP code CLAXON INC C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 9c Unrecaptured sec 1250 gain 20 Other A information 6,707. 10 Net section 1231 gain (loss) 11 Other income (loss) G LXJ General partner or LLC member-manager I I Limited partner or other LLC member ii El Domestic partner II Foreign partner II What type of entity is this partner? CORPORATION 12 Section 179 deduction 27,100. 12 If this partner is a retirement plan (IRA/SEP/Keogh/etc.). tl Partners share of profit, loss, and capital: Beginning Profit 42.0000000% check here El Ending 42.0000000% 13 Other A deductions 5,255. Loss 42.0000000% 42.0000000% Capital 42.0000000% 42 . 0000000% 14 Self-employment earnings (loss) K Partners share of liabilities at year end: Nonrecourse Qualified nonrecourse financing Recourse $ 402,290. $ 'See attached statement for additional information. $ 7,543,181. 2 , 6 g 1 u. L Partners capital account analysis: Beginning capital account Capital coMnbuted during the year Current year increase (decrease) Withdrawals 8 distributions Ending capital account $ 492,058. $ $ 1,154,322. SI 945,0004(e2 $ 701, 380. Fl Tax basis GAAP Q Section 704(6) book Other (explain) gain or loss? M Did the partner contribute property with a built-in Yes El No If 'Yes,' attach statement (see instructions) 14370912 758404 PNEXT100 611261 11-10.16 LHA For Paperwork Reduction Act Notice, see Instructions for Form 1065 IRS.govitorm 1065 14 2016.05050 NEXT MANAGEMENT LLC Schedule K-1 (Form 1065) 201 1 PNEXT104 EFTA00806256 NEXT MANAGEMENT LLC 13-3495607 SCHEDULE K-1 NONDEDUCTIBLE EXPENSES, BOX 18, CODE C DESCRIPTION ASSESSMENTS NONDEDUCTIBLE EXPENSES - PASSTHROUGH EXCLUDED MEALS AND ENTERTAINMENT EXPENSES PARTNER FILING INSTRUCTIONS AMOUNT SEE IRS SCH. K-1 INSTRUCTIONS NONDEDUCTIBLE PORTION 182. 21,268. 32,234. TOTAL TO SCHEDULE K-1, BOX 18, CODE C 53,684. SCHEDULE K-1 CURRENT YEAR INCREASES (DECREASES) DESCRIPTION AMOUNT TOTALS ORDINARY INCOME (LOSS) INTEREST INCOME 1,050,186. 6,707. SCHEDULE K-1 INCOME SUBTOTAL 1,056,893. SECTION 179 EXPENSE -27,100. CHARITABLE CONTRIBUTIONS -5,255. SCHEDULE K-1 DEDUCTIONS SUBTOTAL -32,355. NET INCOME (LOSS) PER SCHEDULE K-1 1,024,538. AMORTIZATION ON RETURN AND NOT ON BOOKS 84,442. DEPRECIATION ON BOOKS AND NOT ON RETURN -23,197. NONDEDUCTIBLE EXPENSES -53,684. RENT EXPENSE -35,529. SALARIES AND WAGES 137,894. STATE / LOCAL DEFERRED INCOME TAX -5,460. TWO TWELVE MANAGEMENT, LLC 25,318. OTHER INCREASES OR DECREASES SUBTOTAL 129,784. TOTAL TO SCHEDULE K-1, ITEM L 1,154,322. 15 PARTNER NUMBER 1 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806257 Schedule of Activities ForcaWciarywyMmorwyearboming . 2016, and ending flame: NEXT MANAGEMENT LLC For: CLAXON INC C/O NEXT MANAGEMENT LLC Description 0 Activity AmityThTibio 3 lumomw ftmciyualloci Pannwsho Type Cocio' oyetwoon GEN. T/B 1 TWO TWELVE MANAGEMENT, LLC 2 PORTFOLIO Activity- 3 Activity- 1 Activity- 2 Ordinary business income (loss Net rental real e tate income (loss) Other net rental income (loss) Interest income Dividends - Ordinary dividends - Qualified dividends Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) - Collectibles (28%) gain (loss) - Unrecaptured Section 1250 gain Net section 1231 gain (loss) Other portfolio income Section 1256 contracts and straddles Other income Section 179 deduction Charitable contributions Portfolio deductions Investment interest expense Section 59(e)(2) expenditures Other deductions Net earnings from self-employment Goss farming or fishing income Goss nonfarm income LIH credit - Section 42(9(5) partnerships - Other Qualified rehabilitation expenditures related to rental real estate Other rental credits Credits related to other rental activities Recapture of LIH credit - Section 42(9(5) partnerships - Other Other credits Post-1986 depreciation adjustment Adjusted gain or loss Portion of adjusted gain/loss allocable to short-term gain/loss Portion of adjusted gain/loss allocable to long-term gain/loss Portion of adjusted gain/loss allocable to section 1231 gaintloss Depletion (other than oil and gas) Oil, gas and geothermal properties - gross income Oil, gas and geothermal properties - deductions Other AMT items Investment income Investment expenses 992,302. 57,884. 92. 6,615. 27,100. 2,744. 68. 92. 6,615. ' 1 - Single Family/ Residence 5 - Land 2 - Mutti-Famity Residence 6 - Royalties 3 - Vacation or Short-Term Rental 7 - Self-Rental 4 - Commercial 8 - Other Number: 13-3495607 13-3508513 625001 04-01.16 15.1 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC 1 PNEXT104 EFTA00806258 PARTNERSHIP HOLDING CORP. C/O NEXT MA 651113 Schedule K-1 2016 (Form 1065) Far wave year 2016. or lax Department of the Treasury yaw beginning { 1 Final K-1 Li Amended K-1 OMB No. 1545-0123 Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items Internal Revenue Service ending 1 Ordinary business income (loss) I 775,137. 15 Credits Partner's Share of Income, Deductions, Credits, etc. li. See separate instructions. 2 Net rentalmol Mate Income POW I 16 Foreign transactions Part I Information About the Partnership 3 Other net rental income (loss) I A Partnership's employer identification number 13-3495607 4 Guaranteed payments I B Partnership's name, address, city, state, and ZIP code NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 5 Interest income I 4,950. 6a Ordinary dividends I 17 Alternative A min tax (AMT) items 50. 66 Qualified dividends I C IRS Center where partnership filed return E —FILE 7 Royalties I 18 (PTP) Tax-exempt nondeductible C* income and expenses STMT D Q Check if this is a publicly traded partnershei 8 Net short-term capital gain (loss) I Part II Information About the Partner 9a Net long-term capital gain (loss) I E Partners identifying number 13-3501977 9b Collectibles (28%) gain (loss) I 19 Distributions A 697,500. F Partner's name, address, city, state, and ZIP code PARTNERSHIP HOLDING CORP. C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 9c Unrecaptured sec 1250 gain 20 Other A information 4,950. 10 Net section 1231 gain (loss) 11 Other income (loss) G LXJ General partner or LLC member-manager I I Limited partner or other LLC member II El Domestic partner I I Foreign partner It What type of entity is this partner? CORPORATION 12 Section 179 deduction 20,002. 12 If this partner is a retirement plan (IRA,SEP/Keogrtfetc.). tl Partners share of profit, loss, and capital: Beginning Profit 31.0000000% check here El Ending 31.0000000% 13 Other A deductions 3,879. Loss 31.0000000% 31.0000000% Capital 31.0000000% 31.0000000% 14 Self-employment earnings (loss) K Partners share of liabilities at year end: Nonrecourse Qualified nonrecourse financing Recourse $ 296,929. $ 'See attached statement for additional information. $ 5,567,586. 2_, '5 8 1 u. L Partners capital account analysis: Beginning capital account Capital coMnbuted during the year Current year increase (decrease) Withdrawals 8 distributions Ending capital account $ 363,187. $ $ 852,000. SI 697,50042 $ 517,687. Fl Tax basis GAAP Q Section 704(6) book Other (explain) gain or loss? M Did the partner contribute property with a built-in Yes El No If 'Yes,' attach statement (see instructions) 14370912 758404 PNEXT100 611261 11-10.16 LHA For Paperwork Reduction Act Notice, see Instructions for Form 1065 IRS.govitorm 1065 16 2016.05050 NEXT MANAGEMENT LLC Schedule K-1 (Form 1065) 201 2 PNEXT104 EFTA00806259 NEXT MANAGEMENT LLC 13-3495607 SCHEDULE K-1 NONDEDUCTIBLE EXPENSES, BOX 18, CODE C DESCRIPTION ASSESSMENTS NONDEDUCTIBLE EXPENSES - PASSTHROUGH EXCLUDED MEALS AND ENTERTAINMENT EXPENSES PARTNER FILING INSTRUCTIONS AMOUNT SEE IRS SCH. K-1 INSTRUCTIONS NONDEDUCTIBLE PORTION 135. 15,697. 23,791. TOTAL TO SCHEDULE K-1, BOX 18, CODE C 39,623. SCHEDULE K-1 CURRENT YEAR INCREASES (DECREASES) DESCRIPTION AMOUNT TOTALS ORDINARY INCOME (LOSS) INTEREST INCOME 775,137. 4,950. SCHEDULE K-1 INCOME SUBTOTAL 780,087. SECTION 179 EXPENSE -20,002. CHARITABLE CONTRIBUTIONS -3,879. SCHEDULE K-1 DEDUCTIONS SUBTOTAL -23,881. NET INCOME (LOSS) PER SCHEDULE K-1 756,206. AMORTIZATION ON RETURN AND NOT ON BOOKS 62,327. DEPRECIATION ON BOOKS AND NOT ON RETURN -17,122. NONDEDUCTIBLE EXPENSES -39,623. RENT EXPENSE -26,223. SALARIES AND WAGES 101,778. STATE / LOCAL DEFERRED INCOME TAX -4,030. TWO TWELVE MANAGEMENT, LLC 18,687. OTHER INCREASES OR DECREASES SUBTOTAL 95,794. TOTAL TO SCHEDULE K-1, ITEM L 852,000. 17 PARTNER NUMBER 2 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806260 Schedule of Activities ForcaWdarywaimortaxyearboming . 2016, and ending Name: NEXT MANAGEMENT LLC For: PARTNERSHIP HOLDING CORP. C/O NEXT MA Description 0 Activity Amitymallbor 3 imomw Purdy Laded Pannwsho Typo Cocio' Dgetwoon GEN. T/B 1 TWO TWELVE MANAGEMENT, LLC 2 PORTFOLIO Activity- 3 Activity- 1 Activity- 2 Ordinary business income (loss Net rental real e tate income (loss) Other net rental income (loss) Interest income Dividends - Ordinary dividends - Qualified dividends Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) - Collectibles (28%) gain (loss) - Unrecaptured Section 1250 gain Net section 1231 gain (loss) Other portfolio income Section 1256 contracts and straddles Other income Section 179 deduction Charitable contributions Portfolio deductions Investment interest expense Section 59(e)(2) expenditures Other deductions Net earnings from self-employment Goss farming or fishing income Goss nonfarm income LIH credit - Section 42(9(5) partnerships - Other Qualified rehabilitation expenditures related to rental real estate Other rental credits Credits related to other rental activities Recapture of LIH credit - Section 42(9(5) partnerships - Other Other credits Post-1986 depreciation adjustment Adjusted gain or loss Portion of adjusted gain/loss allocable to short-term gain/loss Portion of adjusted gain/loss allocable to long-term gain/loss Portion of adjusted gain/loss allocable to section 1231 gaintloss Depletion (other than oil and gas) Oil, gas and geothermal properties - gross income Oil, gas and geothermal properties - deductions Other AMT items Investment income Investment expenses 732,414. 42,723. 67. 4,883. 20,002. 2,026. 50. 67. 4,883. ' 1 - Single Family/ Residence 5 - Land 2 - Mutti-Famity Residence 6 - Royalties 3 - Vacation or Short-Term Rental 7 - Self-Rental 4 - Commercial 8 - Other Number: 13-3495607 13-3501977 625001 04-01.16 17.1 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC 2 PNEXT104 EFTA00806261 THE WILCOR GROUP INC. C/O NEXT MANAGE 651113 Schedule K-1 2016 (Form 1065) Far wave year 2016. or lax Department of the Treasury yaw beginning { 1 Final K-1 Li Amended K-1 0MB No. 1545-0123 Part III Partner's Share of Current Year Income, Deductions, Credits, and Other Items Internal Revenue Service ending 1 Ordinary business income (loss) I 675,119. 15 Credits Partner's Share of Income, Deductions, Credits, etc. Ills• See separate instructions. 2 Net rentalmol Mate Income POW I 16 Foreign transactions Part I Information About the Partnership 3 Other net rental income (loss) I A Partnership's employer identification number 13-3495607 4 Guaranteed payments I B Partnership's name, address, city, state, and ZIP code NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 5 Interest income I 4,311. 6a Ordinary dividends I 17 Alternative A min tax (AMT) items 43. 6b Qualified dividends I C IRS Center where partnership filed return E —FILE 7 Royalties I 18 (PTP) Tax-exempt nondeductible C* income and expenses STMT D Q Check if this is a publicly traded partnersh0 8 Net short-term capital gain (loss) I Part II Information About the Partner 9a Net long-term capital gain (loss) I E Partners identifying number 13-3682060 9b Collectibles (28%) gain (loss) I 19 Distributions A 607,500. F Partners name, address. city, state, and ZIP code THE WILCOR GROUP INC. C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 9c Unrecaptured sec 1250 gain 20 Other A information 4,311. 10 Net section 1231 gain (loss) I 1 Other income (loss) G LXJ General partner or LLC member-manager I I Limited partner or other LLC member ii El Domestic partner II Foreign partner II What type of entity is this partner? CORPORATION 12 Section 179 deduction 17,421. 12 If this partner is a retirement plan (IRA,SEP/Keogrtfetc.). tl Partners share of profit, loss, and capital: Beginning Profit 27.0000000% check here El Ending 27.0000000% 13 Other A deductions 3,378. Loss 27.0000000% 27.0000000% Capital 27.0000000% 27.0000000% 14 Self-employment earnings (loss) K Partners share of liabilities at year end: Nonrecourse Qualified nonrecourse financing Recourse $ 258,615. $ 'See attached statement for additional information. $ 4,849,188. 2_, '5 g 1 u. L Partners capital account analysis: Beginning capital account Capital coMnbuted during the year Current year increase (decrease) Withdrawals 8 distributions Ending capital account $ 316 , 326. $ $ 742,064. SI 607,50042 $ 450,890. I/ Tax basis GAAP Q Section 704(6) book Other (explain) gain or loss? M Did the partner contribute property with a built-in Yes lil No If 'Yes,' attach statement (see instructions) 14370912 758404 PNEXT100 611261 11-10.16 LHA For Paperwork Reduction Act Notice, see Instructions for Form 1065 IRS.govitorm 1065 18 2016.05050 NEXT MANAGEMENT LLC Schedule K-1 (Form 1065) 201 3 PNEXT104 EFTA00806262 NEXT MANAGEMENT LLC 13-3495607 SCHEDULE K-1 NONDEDUCTIBLE EXPENSES, BOX 18, CODE C DESCRIPTION ASSESSMENTS NONDEDUCTIBLE EXPENSES - PASSTHROUGH EXCLUDED MEALS AND ENTERTAINMENT EXPENSES PARTNER FILING INSTRUCTIONS AMOUNT SEE IRS SCH. K-1 INSTRUCTIONS NONDEDUCTIBLE PORTION 117. 13,672. 20,722. TOTAL TO SCHEDULE K-1, BOX 18, CODE C 34,511. SCHEDULE K-1 CURRENT YEAR INCREASES (DECREASES) DESCRIPTION AMOUNT TOTALS ORDINARY INCOME (LOSS) INTEREST INCOME 675,119. 4,311. SCHEDULE K-1 INCOME SUBTOTAL 679,430. SECTION 179 EXPENSE -17,421. CHARITABLE CONTRIBUTIONS -3,378. SCHEDULE K-1 DEDUCTIONS SUBTOTAL -20,799. NET INCOME (LOSS) PER SCHEDULE K-1 658,631. AMORTIZATION ON RETURN AND NOT ON BOOKS 54,284. DEPRECIATION ON BOOKS AND NOT ON RETURN -14,912. NONDEDUCTIBLE EXPENSES -34,511. RENT EXPENSE -22,840. SALARIES AND WAGES 88,646. STATE / LOCAL DEFERRED INCOME TAX -3,510. TWO TWELVE MANAGEMENT, LLC 16,276. OTHER INCREASES OR DECREASES SUBTOTAL 83,433. TOTAL TO SCHEDULE K-1, ITEM L 742,064. 19 PARTNER NUMBER 3 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806263 Schedule of Activities ForeaWdaryWalMarlaxygarboWming . 2016, and ending Name: NEXT MANAGEMENT LLC For: THE WILCOR GROUP INC. C/O NEXT MANAGE Description 0 Activity Activity Numb.' 3 ICC% Dwoui Publicly !laded Pannerahlp Typo Coda' Occ,crotion GEN. T/B 1 TWO TWELVE MANAGEMENT, LLC 2 PORTFOLIO Activity- 3 Activity- 1 Activity- 2 Ordinary business income (loss Net rental real e tate income (loss) Other net rental income (loss) Interest income Dividends - Ordinary dividends - Qualified dividends Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) - Collectibles (28%) gain (loss) - Unrecaptured Section 1250 gain Net section 1231 gain (loss) Other portfolio income Section 1256 contracts and straddles Other income Section 179 deduction Charitable contributions Portfolio deductions Investment interest expense Section 59(e)(2) expenditures Other deductions Net earnings from self-employment Goss farming or fishing income Goss nonfarm income LIH credit - Section 42(9(5) partnerships - Other Qualified rehabilitation expenditures related to rental real estate Other rental credits Credits related to other rental activities Recapture of LIH credit - Section 42(9(5) partnerships - Other Other credits Post-1986 depreciation adjustment Adjusted gain or loss Portion of adjusted gain/loss allocable to short-term gain/loss Portion of adjusted gain/loss allocable to long-term gain/loss Portion of adjusted gain/loss allocable to section 1231 gaintloss Depletion (other than oil and gas) Oil, gas and geothermal properties - gross income Oil, gas and geothermal properties - deductions Other AMT items Investment income Investment expenses 637,908. 37,211. 59. 4,252. 17,421. 1,764. 43. 59. 4,252. ' 1 - Single Family/ Residence 5 - Land 2 - Mutti-Famity Residence 6 - Royalties 3 - Vacation or Short-Term Rental 7 - Self-Rental 4 - Commercial 8 - Other Number: 13-3495607 13-3682060 625001 04-01.16 19.1 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC 3 PNEXT104 EFTA00806264 2016 TAX RETURN FILING INSTRUCTIONS CALIFORNIA FORM 568 FOR THE YEAR ENDING DECEMBER 31, 2016 Prepared for NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 To be signed and dated by A MEMBER OF THE LLC Amount of tax Total tax S 6 800.00 Less: payments and credits S 14,000.00 Plus: other amount S 0.00 Plus: interest and penalties S 0.00 OVERPAYMENT s 7,200.00 Overpayment Credited to your estimated tax $ 0.00 Other amount $ 0.00 Refunded to you $ 7,200.00 Mailtaxretum and check (if mvilicablOto THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED TO THE FTB, PLEASE SIGN, DATE AND RETURN FORM 8453-LLC TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE FTB. Forms to be distributed to partners ENCLOSED ARE COPIES OF SCHEDULE K-1 TO BE DISTRIBUTED TO THE MEMBERS. Return must be mailed on or before RETURN FORM 8453-LLC TO US BY SEPTEMBER 15, 2017. Special Instructions DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE FTB. YOUR ANNUAL TAX PAYMENT AMOUNT OF $800.00 WILL BE AUTOMATICALLY WITHDRAWN FROM THE BANK ACCOUNT ENDING IN 0157 ON OR AFTER SEPTEMBER 12, 2017. REFER TO FORM 568 ON THE DIRECT DEPOSIT/DEBIT REPORT FOR COMPLETE ACCOUNT INFORMATION. 610142 04421.16 EFTA00806265 022 Date Accepted DO NOT MAIL THIS FORM TO FTB TAXABLE YEAR California e-file Return Authorization for 2016 Limited Liability Companies Limited liabady company nom. FORM 8453-LLC NEXT MANAGEMENT LLC Part I Tax Return Information (whole dollars only) "Wifrind nurrta 13-3495607 1 Total income (Form 568, Schedule B, line 12 or Form 568. line 1 for Sngle Member LLCs) 120,646,862. 00 2 Ordinary income (Form 568, Schedule B. line 23 or Form 568. line 1 for Single Member LLCs) 2 2,471,234. 00 3 Tax and fee due (Form 568. line 13) 3 00 4 Overpayment (Form 568, line 14) 4 7,200. 00 6 Total amount due (Form 568. line 18) 6 00 Part II Settle Your Account Electronically for Taxable Year 2016. 6 1_1 Electronic funds withdrawal 6a Amount 6b Withdrawal date (nin/ddiWyy) Part III Make Annual Tax or Estimated Fee Payment for Taxable Year 2017 This is NOT an installment payment for the current amount the LLC owes. Annual Tax Payment Estimated Fee Payment 7 Amount 800. 0. 8 Withdrawal date 09/12/2017 Part IV Banking Information (Have you verified the LIC's banking Information?) 9 Routing number 026013576 10 Account number 1501920157 Part V Declaration of Authorized Member or Manager I authorize the limited liability company account to be settled as designated in Parts II, Ill, and IV. If I check Box 6, I authorize an electronic funds withdrawal for the amount listed on line 6a and for the 2017 annual tax or estimated fee payment amount listed on line 7 from the account specified in Part IV. Under penalties of perjury, I declare that I am an authorized member or manager of the above limited liability company and that the information I provided to my electronic return originator (ERO), transmitter, or intermediate service provider and the amounts in Part I above agree with the amounts on the corresponding lines of the limited liability company's 2016 California income tax return. To the best of my knowledge and belief, the limited liability company's return is true, correct, and complete. If the limited liability company is filing a balance due return, I understand that if the Franchise Tax Board (FTB) does not receive full and timely payment of the limited liability company's tax lability, the limited liability company will remain liable for the tax liability and all applicable interest and penalties. I authorize the limited liability company return and accompanying schedules and statements be transmitted to the FTB by my ERO, transmitter, or intermediate service provider. If the processing of the limited II ab HIV company's return or refund Is delayed, I authorize the FIB to disclose to my ERO or Intermediate service provider the reason(s) for the delay or the date when the refund was sent 11 Type of account: M Checking 0 Savings Sign Here Signature al aulhordad mamba, or manage. Dale PRESIDENT OF MEMBER MGR Part VI Declaration of Electronic Return Originator (ERO) and Paid Preparer. I declare that I have reviewed the above limited liability company's return and that the entries on form FTB 8453-LLC are complete and correct to the best of my knowledge. (If I am only an intermediate service provider, I understand that I am not responsible for reviewing the limited liability company's return. I declare, however, that form FIB 8453-LLC accurately reflects the data on the return.) I have obtained the signature from the limited liability company authorized member or manager on form FTB 8453-LLC before transmitting this return to the FTB; I have provided the limited liability company authorized member or manager with a copy of all forms and information that I will file with the FTB, and I have followed all other requirements described in FTB Pub. 1345,2016 e-file Handbook for Authorized e-file Providers. I will keep form FTB 8453-LLC on file for four years from the due date of the return or four years from the date the limited liability company return is filed, whichever is later, and I will make a copy available to the FTB upon request If I am also the paid preparer, under penalties of perjury, I declare that I have examined the above limited liability company's return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. I make this declaration based on all information of which I have knowledge. Udd% F a" Check It olsoold Check EIRO's PRN ERO ***au+ GARY W W. PRESS 109/12/171 DO p lewdCl Must Sign F" ... naMtg en °W. SACKS PRESS & LACHER PC FEN mill-smiorocil end Odeon 600 THIRD AVENUE NEW YORK, NY wood. 10016-1901 Under penalties of perjury, I declare that I have examined the above limited liability company's return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. I make this declaration based on all information of which I have knowledge. Paid Preparer Must Sign Paid prepaw'S signalise Finn's name (Ge yawn aelt.cerployedj and (Kahn. I date Check N ea. am0101did FEN Pa. PEOPTIMI. PTIN ZIP code For Privacy Notice, get FTB 1131 ENGVSP. FTB 8453•LW 2016 (REV 03.17) 639111 03-2447 EFTA00806266 022 Date Accepted DO NOT MAIL THIS FORM TO THE FIB TAXABLE YEAR 2016 California Payment for Automatic Extension Authorization for Business Entities FORM 8453-BE (PMT) Name of business entity (corporation, limited liability company, or partnership) NEXT MANAGEMENT LLC Identifying number 13-3495607 Part I Extension Payment Information for Taxable Year 2016 1 Electronic Funds Withdrawal (EFW) Amount 14,000. 2 Withdrawal Date (mmicid/yyyy) 09/12/2017 Part II Banking Information for Electronic Funds Withdrawal 3 Routing number 4 Account number 5 Type of account: Lx_l Checking Savings Payment Authorization I authorize an EFW on the date indicated on line 2 for the amount stated on line 1. The above EFW is to be made from the bank indicated on lines 3, 4, and 5. This authorization will remain in effect unless I contact the FTB to cancel the request. I request that the payment above be deducted from the bank account on the date specified above. If this date falls on a Saturday, Sunday, or holiday, the transfer is authorized for the next business day. If the FTB cannot deduct the payment from the account because of insufficient funds or because the bank account is closed, the FTB may charge a dishonored payment penalty. I will be responsible for any overdraft fees charged by the bank. Under penalties of perjury under the laws of the State of California. I declare that I have completed this payment authorization to the best of my knowledge and belief; it is true, correct, and complete. Sign Here Signature of business entity's representative ► Title Date ► PRESIDENT OF MEMBER MGR Paid Preparer Under penalties of perjury, I declare that I have examined the above taxpayer's payment information, and to the best of my knowledge and belief, they are true. correct. and complete. I make this declaration based on all information of which I have knowledge. Sign Here Paid preparers signature ► Firm's name ► PTIN Date KEEP THIS FORM FOR YOUR RECORDS - DO NOT MAIL TO THE FRANCHISE TAX BOARD (FTB) For Privacy Notice, get FTB 1131 ENG/SP. 629321 11-21.16 FIB 6453•BE (PMT) (NEW 2016) EFTA00806267 Form at bottom of page. DO NOT USE THIS FORM TO PAY THE ANNUAL LIMITED LIABILITY COMPANY (LLC) TAX OR THE ESTIMATED LLC FEE. WHERE TO FILE: Using black or blue ink, make check or money order payable to the 'Franchise Tax Board? Write the California SOS file number, FEIN, and '2016 FTB 353r on the check or inixiey order. Detach form below. Enclose, but do not staple. payment with form and mail to: FRANCHISE TAX BOARD PO BOX 942857 SACRAMENTO CA 94257-0531 Make all checks or money orders payable in U.S. dollars and drawn against a U.S. financial institution. WHEN TO FILE: For LLCs classified as partnerships, the original due date of the return is the 15th day of the 3rd month following the close of the taxable year. SMLLCs • For SMLLCs owned by pasathrough entities (S corporations, partnerships. and LLCs classified as partnerships), the original due date of the return is the 15th day of the 3rd month following the close of the taxable year. • For all other SMLLCs, the original due date of the return is the 15th day of the 4th month following the close of the taxable year of the owner. When the due date falls on a weekend or holiday, the deadline to file and pay without penalty is extended to the next business day. Due to the federal Emancipation Day holiday observed on April 17,2017, tax returns filed and payments mailed or submitted on April 18,2017, will be considered timely. ONLINE SERVICES: Make payments online using Web Pay for Businesses. LLCs can make an immediate payment or schedule payments up to a year in advance. For more information, go to ftb.ca.gov. 629011 1208.16 _ _ _ _ DETACH HERE IF NO PAYMENT IS ONE. DO NOT MAIL THIS FORM TAXABLE YEAR Payment for Automatic 2016 Extension for LLCs DETACH HERE CALIFORNIA FORM 3537 (LLC) 200506910067 NEXT 13-3495607 TYB 01-01-2016 TYE 12-31-2016 NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK NY 10013 16 FORM 0 Amount of Payment 14000. -0221 6121166 I FTB 3537 2016 Side 1 ■ EFTA00806268 TAXABLE YEAR 2016 Limited Liability Company Return of Income ■ 549851 12.15-15 CALIFORNIA FORM 568 200506910067 NEXT 13-3495607 TYB 01-01-2016 TYE 12-31-2016 NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK NY 10013 16 PBA 812990 ACCTMETHOD 2 01-04-1989 ASSETS 19197540. INITIAL 0 FINAL 0 AMENDED 0 J (1) Curing this taxable year. did another person or legal entity acquire control or majority ownership (more than a 50% interest) of this LLC or any legal entity in which the LLC holds a controlling or majority interest that owned California real property (i.e., land, buildings), leased such property for a term of 35 years or more, or leased such property from a government agency for any term? • El Yes (2) During this taxable year. did this LLC acquire control or majority ownership (more than a 50% interest) in another legal entity that owned California real property (i.e.. land. buildings), leased such property for a term of 35 years or more, or leased such property from a government agency for any term? • El Yes (3) During this taxable year. has more than 50% of the LLC's ownership interests cumulatively transferred In one or more transactions after an interest in California real property 0.e.. land, buildings) was transferred to it that was excluded from property tax reassessment under Revenue and Taxation Code Section 62(a)(2) and it was not reported on a previous year's tax return? • El Yes lr No (Yes requires filing of statement, penalties may apply - see Instructions.) a to o 4 .o A oo 0 to Complete Schedule IW, LLC Income Worksheet (on Side 7) first to determine Line 1. 1 Total income from Schedule IW. Limited Liability Company Income Worksheet. See instructions 2 Limited Liability Company fee. See instructions 3 2016 annual Limited Liability Company tax. See instructions 4 Ncaccnsenting nonresident members' tax liability from Schedule T (Side 4) 5 Total tax and fee. Add line 2. line 3. and line 4 6 Amount paid with form FTB 3537 and 2016 form FTB 3522 and form FIB 3536 STATEMENT 7 Overpayment from prior year allowed as a credit 8 Withholding (Form 592-B and/or 593) 9 Total payments. Add line 6. line 7, and line 8 10 Use Tax. This Is not a total line. See instructions 11 Payments balance. If line 9 is more than line 10. subtract line 10 from line 9 12 Use Tax balance. If line 10 is more than line 9. subtract line 9 from line 10 M No M No Whole dollars only • • • • • 1 • • • • • • • 1 4,967,002. 00 2 6,000. 00 3 800. 00 4 00 5 6,800. 00 6 14,000. 00 7 00 8 00 9 14,000. 00 10 00 11 14,000. 00 12 00 Far Privacy Notice, get FTB 1131 ENG/SP. ri 2 2 3671164 r Form 568 C1 2016 Side 1 EFTA00806269 629861 12.15.16 13 Tax and foe due. If line 5 is more than line 11, subtract line 11 from role 5 • 13 14 Overpayment. If line 11 is more than line 5, subtract fine 5 from line 11 • 14 15 Amount of line 14 to be credited to 2017 tax or fee , • 15 16 Refund. If the total of line 15 is less than line 14. subtract the total from line 14 • 16 17 Penalties and interest. See instructions • 17 18 Total amount due. Add line 12, line 13, tine 15, and line 17, then subtract line 14 from the result • 18 Whole Dollars Only 00 7,200. oo 00 7,200. 00 0. 00 00 K Enter the maximum number of members in the LLC at any time during the year. For multiple member U_Cs, attach a California Schedule K.1 (568) for each of these members • L Is this LLC an investment partnership? See General Information O • 0 Yes III No M (1) Is this LLC apportioning or allocating income to California using Schedule R? • M Yes O No (2) If 'No,' was this LLC registered in California without earning any income sourced in this state during the taxable year? ®Thes O No N Was there a distribution of property or a transfer (for example, by sale or death) of an LLC interest during the taxable year? • 0 Yes II No P (1) Does the LLC have any foreign (non-U.S.) nonresident members? • O Yes X1 No (2) Does the LLC have any domestic (non-foreign) nonresident members? • LE Yes 0 No (3) Were Form 592, Form 592.A, Form 592-8, and Form 592-F filed for these members? • III Yes X1 No O Are any members in this LLC also LLCs or partnerships? • O Yes No R Is this LLC under audit by the IRS or has it been audited in a prior year? • O Yes rr No S Is this LLC a member or partner in another multiple member LLC or partnership? • M Yes 0 No If 'Yes," complete Schedule EC,. Part I. T Is this LLC a publicly traded partnership as defined in IRC Section 469(k)(2)? 0 Yes X1 No U (1) Is this LLC a business entity disregarded for tax purposes? • ElYes X1 No V W Did this LLC file the Federal Schedule M-3 (federal F011111065)7 • LE Yes O No X Is this LLC a direct owner of an entity that filed a federal Schedule M-3? • LE Yes O No Y Does the LLC have a beneficial interest in a trust or is it a grantor of a Trust? • Th es ® No If 'Yes; attach schedule of trusts and federal identification numbers. Z Does this LLC own an interest in a business entity disregarded for tax purposes? .0 Yes No If 'Yes; complete Schedule EO, Part II. (continued on Side 3) 3 (2) If 'Yes." see instructions and complete Side 1. Side 2. Side 3, Schedule 8, Side 5, and Side 7. if applicable. Are there credits or credit carryovers attributable to the disregarded entity? • Yes O No (3) If 'Yes' to U(1), does the disregarded entity have total income derived from or attributable to California that is less than the LLC's total income from all sources? Yes O No Has the LLC included a Reportable Transaction, or Listed Transaction within this return? (See instructions for definitions). If "Yes,' complete and attach federal Form 8886 for each transaction • Yes No Side 2 Form 568 C12016 022i 3672164 I EFTA00806270 629671 12.1545 (continued from Side 2) AA Is any member of the LLC related (as defined in IRC Section 267(c)(4)) to any other member of the LLC? • C Yes rr No BB Is any member of the LLC a trust for the benefit of any person related (as defined in IRC Section 267(c)(4)) to any other member? • C Yes rr No CC (1) Is the LLC deferring any income from the disposition of assets? (see instructions) • C Yes rr No (2) If 'Yes." enter the year of asset disposition DD Is the LLC reporting previously deferred Income front (see instructions) • C Installment Sale • O IRC §1031 •0 IRC §1033 •O Other EE 'Doing business as' name. See instructions: • • FF (1) Has this LLC operated as another entity type such as a corporation, S corporation, General Partnership. Limited Partnership, or Sole Proprietorship in the previous five (5) years? • 0 Yes rr No (2) If 'Yes', provide prior FEIN(s) if different, business name(s), and entity type(s) for prior returns filed with the FTB and/or IRS (see instructions): GG (1) Has this LW previously operated outside California? • M Yes No (2) Is this the first year of doing business in California? ,,,,,, ,,, ,,,,,,,,, ,,, ,,,,,,,,, ,,, ,,,,,,,,, ,,, ,,,,,,,,, ,,, ,,,,,,,,, ,,, ,,, • O Yes M No Single Member LLC Information and Consent • Complete only if the LLC is disregarded. caul II • $SN Sole Owner's name (as shown on owner's return) 0 Street Address, City. State, and ZIP Code • What type of entity is the ultimate owner of this SMLLC? Check only one box: CI (1) Individual 0 (2) C Corporation (3) PassThrough (S corporation, partnership, (4) Estate/Trust 0 (5) Exempt Organization LLC classified as a partnership) FEIN/CA Corp noJCA SOS File no. Member's Consent Statement: I consent to the jurisdiction of the State of California to tax my LLC income and agree to file returns and pay tax as may be required by the Franchise Tax Board. Signature lob Date Sign Here Paid Preparers Use Only woo, youi privsy How v.v...? ow PA. • • ',dopey notloa. TO requosi this notice by mail. cal 800252.5711. Unbar penalties al peNury. I doian that I have examinod this return. including a000mbanYht) SChatbleS and statements, and to the East 01 myknowledge and ballet. It 19 true, correct, aid complete. Declaration al prepara (Why than ta*Para/IS based on all Intonation of w IO1 SNOarct Ns any nowlelgo. Signa lwo 01 autnOrlad Date member Cr manage' P- Autroind man 040 of man or 9 eniar adOOSS (q)tiOnalt .11.1 vn U.; kiwis:. ,u, N„vna,9n Ital I . yu ao uo. Paid preparers signature op,. GARY w PRESS Firm's name (or yours, if SACKS PRESS & LACHER PC self'employed)600 THIRD AVENUE and address liPb NEW YORK, NY 10016-1901 May the FIB discuss this return with the preparer shown above (see instructions)? Date Check if ILI 0 9 / 12 / 17 seivemployed • Telephone • PTIN FEIN -0221 3673164 1 Form 568 C1 2016 Side 3 EFTA00806271 NEXT MANAGEMENT LLC 13-3495607 629881 12-15.16 U Schedule A Cost of Goods Sold 1 Inventory at beginning of year 1 00 2 Purchases less cost of items withdrawn for personal use 2 00 3 Cost of labor 8 00 4 Additional IRC Section 263A costs. Attach schedule 4 00 5 Other costs. Attach schedule 5 00 6 Total. Add line 1 through line 5 8 00 7 Inventory at end of year 7 00 8 Cost of goods sold. Subtract line 7 from line 6. Enter here and on Schedule B, line 2 8 00 9 a Check all methods used for valuing closing inventory: (1) 0 Cost (2) 0 Lower of cost or market as described in Treas. Reg. Section 1.471-4 (3) 0 Write down of "subnormal' goods as described in Treas. Reg. Section 1.471-2(c) (4) 0 Other. Specify method used and attach explanation b Check this box if the LIFO inventory method was adopted this taxable year for any goods. If checked, attach federal Form 970 e Do the rules of IRC Section 263A (with respect to property produced or acquired for resale) apply to the LLC? El Yes 0 No d Was there any change (other than for IRC Section 263A purposes) in determining quantities, cost, or valuations between opening and closing inventory? If 'Yes: attach explanation El Yes El No SZetF7.11;13 Income and Deductions Caution: Include only trade or business income and expenses on line la through line 22 below. See the instructions for more information. 1 acmssmmosofsews 20,803,273. bLessretumaanomowanoesa a Balance • lc 20,803,273.00 2 Cost of goods sold (Schedule A, line 8) ® 2 00 3 GROSS PROFIT. Subtract line 2 from line is • 3 20,803,273. 00 4 Total ordinary income from other LLCs, partnerships, and fiduciaries. Attach schedule • 4 00 0 5 Total ordinary loss from other LLCs, partnerships, and fiduciaries. Attach schedule • 5 00 § 6 Total farm profit. Attach federal Schedule F (Form 1040) • 6 00 2 7 Total farm loss. Attach federal Schedule F (Form 1040) • 7 00 8 Total gains included on Schedule D-1, Part II, fine 17 (gain only) • 8 00 9 Total losses included on Schedule 1:1-1, Part II, line 17 (loss only) • 9 00 10 Other income. Attach schedule • 10 00 11 Other loss. Attach schedule SEE STATEMENT 2 • n -156,411.00 12 Total Income (loss). Combine line 3 through line 11 • 12 20,646,862. 00 Deductions I 13 Salaries and wages (other than to members) 13 12,181,179.00 14 Guaranteed payments to members o 14 00 15 Bad debts • 15 00 16 Deductible interest expense not claimed elsewhere on retum o 16 72. 00 17 a car liti norntientreslia. $ 247,572. b tecirsatr i an Kir d n °n $ c Balance • 17c 247,572. oo 18 Depletion. Do not deduct oil and gas depletion 18 00 19 Retirement plans, etc. 19 111,980. 00 20 Employee benefit programs 20 379,739. 00 21 Other deductions. Attach schedule SEE STATEMENT 4 • 21 5,255,086.00 22 Total deductions. Add line 13 through line 21 • 22 18,175,628. 00 23 Ordinary income (loss) from trade or business activities. Subtract line 22 from line 12 • 23 2,471,234.00 Schedule T Nonconsentine Nonresident Members' Tax Liability. Attach additional sheets If necessary. WI mcnibara name WI SSN. UN Cl FEN ,i Dix51balvo <nate 011.1COMO kW Tax rata PO Mono's total tax ate Oa Instracriana) Mr unt.illIdd b/ this Ll on tas mint., - none on Form592-B 9.9 1.19mbor9 not lax an Total the amount of tax due. Enter the total he e and on Side 1, line 4. If less than zero enter -0- u ■ Side 4 Form 568 C 1 2016 -022i 3674164 r---- EFTA00806272 NEXT MANAGEMENT LLC 13-3495607 629882 12.I5.I8 Schedule K Members' Shares of Income. Deductions. Credits, etc. a Distributive share items 0) Amounts) from federal K (1065) California adjustments Total amounts using Califomia law Income (Loss) I Ordinary income (loss) from trade or business activities 1 • 2,500,442. —29,208.V 2,471,234. 2 Not income ginste from 'vital real estate activities. Attach SONO Fain 8525 2 3 a Gross income (loss) from other rental activities 3a b Less expenses. Attach schedule 3b C Not Income Pass) torn other rental activlbas. Subtract the 3b from line 3.1 3c • 4 Guaranteed payments to members 4 • 5 Interest income 5 15,968. 32,638. • 48,606. 6 Dividends 6 • 7 Royalties 7 • 8 Net short-term capital gain (loss). Attach Schedule D (568) 8 • 9 Net long-term capital gain (loss). Attach Schedule 0 (568) 9 • 10 a Total San under IRC Section 1231 (What Man due lo casualty or thott) 10a • b Total Lora undo( FIC Section 1231 (other iron due to =wiry or theft) 10b • II a Other portfolio income (loss). Attach schedule 11a b Total other income. Attach schedule 1lb c Total other loss. Attach schedule 11c 2 a = St = 12 Expense deduction for recovery property (IRC Section 179). Attach schedule STMT $ 12 64,523. -39,523. 25,000. 13 a Charitable contributions. Attach schedule STMT $ 13a 12,512. 12,512. b Investment interest expense 13b • C I Total 'upon:Mures to which IRC Section 59(81 election may apply 130 2 Type of expenditures 13c2 d Deductions related to portfolio income 13d e Other deductions. Attach schedule 13e Credits 15 a Withholding on LLC allocated to all members 15a b Low-income housing credit 15b c Credits other than the credit shown on line 15b related to rental real estate activities. Attach schedule 15c d Credits related to other rental activities. Attach schedule 15d e Nonconsenting nonresident members' tax paid by LLC 15e f Other credits. Attach schedule 15f • Alternative Minimum Tax (AMT) items 17 a Depreciation adjustment on property placed in service after 1986 17a 161. 9,104. 9,265. b Adjusted gain or loss 17b c Depletion (other than oil and gas) 17c d Gross income from oil, gas, and geothermal properties 1711 e Deductions allocable to oil, gas, and geothermal properties 17e f Other alternative minimum tax items. Attach schedule 17f Other information 18 a Tax-exempt interest income 18a b Other tax-exempt income 18b • c Nondeductible expenses ...SEE...S.TATEMENT....6. 18c 127,818. 59,949. 187,767. 19 a Distributions of money (cash and marketable securities) 19a 2,250,000. 2,250,000. b Distri3ution of property other than money 19b 20 a Investment income 20a 15,968. 32,638. 48,606. b Investment expenses 20b c Other information. See instructions STMT 7 20c 40 To Z. A 21 a Total cilseibtnlya income/payment Item. Canting linos 1.2. rid 3c through i isFrom the resu lt. subtract the sum of thin 12 Of WO 139 21a 2,439,375. 42,953. • 2,482,328. b Analysis of (a) 04Individual (c) (d) xempt (e) (1) members: Corporate I. Active II. Passive Partnership Organization Nominee/Other LLC Members 2,482,328. 022 3675164 1 Form 566 CI 2016 Side 5 EFTA00806273 NEXT MANAGEMENT LLC 13-3495607 629883 12.15.16 Schedule L Balance Sheets. See the instructions for Schedule L, before completing Schedules L, M-1, and M-2. Assets ti ern nning of taxable year and of to able year (a) (b) (c) (d) 1 Cash 2 a Trade notes and accounts recebrable b Less allowance for bad debts 3 Inventories 4 U.S. government obligations 5 Tax-exempt securities 6 Other current assets. Attach schedule 7 Mortgage and real estate loans 8 Other investments. Attach schedule 9 a Buildings and other depreciable assets b Less accumulated depreciation 10 a Depletable assets b Less accumulated depletion 11 Land (net of any amortization) 12 a Intangible assets (amortizable only) b Less accumulated amortization 13 Other assets. Attach schedule 14 Total assets 3,532,783. 2,895,029. 9,290,056. 12,760,240. ( 100,000.) 9,190,056. ( 100,000.) 12,660,240. STATEMENT 12 STATEMENT 13 • 159,432. • 235,194. 83,446. • 224,591. 4,123,029. 4,187,551. ( 3,396,4874) 726,542.( 3,560,781.)• 626,770. ( ) ( ) ..,.) • ( ) ( ) STATEMENT 14 3,068,607. • 2,555,716. 16,760,866. 19,197,540. Liabilities and Capital 15 Accounts payable 16 Mortgages, notes, bonds payable in less than 1 year 17 Other current liabilities. Attach schedule 18 All nonrecourse loans 19 Mortgages, notes, bonds payable in 1 year or more 20 Other liabilities. Attach schedule 21 Members' capital accounts 22 Total liabilities and capital STATEMENT 15 STATEMENT 16 12,182,330. *14,451,871. • 1,786,832. 1,384,748. • • 1,620,133. • 1,690,964. 1,171,571. • 1,669,957. 16,760,866. 19,197,540. Schedule MA Reconciliation of Income (Loss) Der Books With Income (Loss) Der Return. Use total amount under California law. S e instructions. I Net income (loss) per books 2 Income included on Schedule K, line 1 through line 11c not recorded on books this year. Itemize • 3 Guaranteed payments (other than health insurance) 4 Expenses recorded on books this year not included on Schedule K, line 1 through line 13e. Itemize: a Depreciation $ 55,231. b Travel and entertainment $ 76,747. c Annual LLC tax d Other $TMT 9 $148 , 663. e TotaL Add line 4a through 4d • 280,641. 8 5 Total of line 1 through line 4e 3,029,027. 9 2,748,386. 6 om“s2 n lineon %Grit s n gtri... ;Tama- a Tax-exempt interest b Other $TMT 10 $ 60,281 . c Total. Add line 6a and line 6b 7 Deductions included on Schedule K, Ine 1 through line 13e not charged against book income this year. Itemize: a Depreciation $ b other $TMT 11:529,371. c Total. Add line 7a and line 7b Total. Add line 6c and line 7c Income (Ion) (Scedule K. W. 214 Subtext line 8 Rpm line 5 60 281. 529,371. 589,652. 2,439,375. Schedule M-2 Analysis of Members' Capital Ac ounts. Use California amoun s. 1 Balance at beginning of year 2 Capital contributed during year a Cash b Property 3 Net income (loss) per books 4 Other increases. Itemize • 1,171,571. 2,748,386. 5 Total of line 1 through line 4 6 Distributions: a Cash • b Property • 7 Other decreases. Itemize 8 Total of line 6 and line 7 9 Balance at end of year. Subtract line 8 from line 5 3,919,957. 2,250,000. 2,250,000. 1,669,957. Schedule 0 Amounts from Liquidation used to Capitalize a Limited Liability Company. (Complete only if initial retum box is checked on Side 1. Question H.) Name of entity liquidated (if more than one, attach a schedule) Type of entity: O (i) C Corporation 0 (2) S Corporation U (3) Partnership LJ (4) Limited Partnership LJ (5) Sole Proprietor U (6) Farmer Entity kientilication winos) FEIN SSN or ITIN Corporation CA SOS Amount of liquidation gains recognized to capitalize the LLC • Side 6 Form 568 C1 2016 022 3676164 I • EFTA00806274 ■ 629884 12.15-16 Schedule IW Limited Liability Company (LLC) Income Worksheet Enter your California income amounts on the worksheet. All amounts entered must be assigned for California law differences. Use only amounts that are from sources derived from or attributable to California when completing lines 1-17 of this worksheet if your business is both within and outside of California, see Schedule IW instructions to assign the correct amounts to Califomia. If the LLC is wholly within California, the total income amount is assigned to California and is entered beginning with line la. If the single member LLC (SMLLC) does not meet the 3 million criteria for filing Schedule B (568) and Schedule K (568), the SMLLC is still required to complete Schedule IW. Disregarded entities that do not meet the filing requirements to complete Schedule B or Schedule K should prepare Schedule IW by entering the California amounts attributable to the disregarded entity from the members federal Schedule B, C, D, E, F (Form 1040), or additional schedules associated with other activities. Do not enter amounts on this worksheet that have already been reported by another LLC to determine its tee. See Instructions on page 14 of the Form 568 Booklet for more information on how to complete Schedule IW. 1 a Total California income from Form 568, Schedule B, line 3. See instructions * 18 4,967,002.00 b Enter the California cost of goods sold from Form 568, Schedule B, line 2 and from federal Schedule F (Form 1040) (plus California adjustments) associated with the receipts assigned to Califomia on lines to and 4 lb 2 a If the answer to Question LIM on Form 568 Side 2 is 'Yes', include the gross income of this disregarded entity that is not included in lines 1 and 8 through 16 . 0 2a b Enter the cost of goods sold of disregarded entities associated with the receipts assigned to California on line 2a 2b 3 a LLC's distributive share of ordinary income from pass-through entities 0 3a b Enter the LLC's distributive share of cost of goods sold from other pass-through entities associated with the receipt assigned to California on line 3a (see Schedule K-ls (565), Table 3, line la) 0 3b c Enter the LLC's distributive share of deductions from other pass-through entities associated with the receipt assigned to California on line 3a (see Schedule K-ls (565), Table 3, line lb) 3c 4 Add gross farm income from federal Schedule F (Form 1040). Use California amounts 4 5 Enter the total of other income (not loss) from Form 568, Schedule B, line 10 0 5 6 Enter the total gains (not losses) from Form 568, Schedule B. line 8 0 6 7 Add line la through line 6 8 California rental real estate a Enter the total gross rents from federal Form 8825, line 18a 0 8a b Enter the total gross rents from all Schedule K-1s (565), Table 3, line 2 0 8b c Add line 8a and line 8b 9 Other California rentals. a Enter the amount from Schedule K (568), line 3a 0 Sa b Enter the amount from all Schedule K-ls (565), Table 3, line 3 S ft c Add lines 9a and 9b 10 California interest. Enter the amount from Form 568, Schedule K, line 5 11 California dividends. Enter the amount from Form 568, Schedule K, tine 6 12 California royalties. Enter the amount from Form 568, Schedule K, line 7 13 California capital gains. Enter the capital gains (not losses) included in the amounts from Form 568, Sch. K, lines 8 and 9 14 California 1231 gains. Enter the amount of total gains (not losses) from Form 568, Schedule K, line 10a 15 Other California portfolio Income (not lots). Enter the amount from Form 568, Schedule K, line 11a 16 Other California income (not loss) not included in line 5. Enter the amount from Form 568, Schedule K, line 11b 17 Total California Income. Add lines 7, 8c, 9c, 10, 11, 12, 13, 14, 15, and 16. Line 17 may not be a negative number Enter here and on Form 568, Side 1, Line tit less than zero enter -0- 00 00 00 00 00 00 00 00 00 ®7 4,967,002. 00 00 00 * 8c 00 00 00 @ 9c 00 0 10 00 0 11 00 0 12 00 0 13 00 0 14 00 0 15 00 0 16 00 0 17 4,967,002. 00 022i 3677164 I Form 568 Cl 2016 Side 7 ■ EFTA00806275 NEXT MANAGEMENT LLC 13-3495607 CA 568 AMOUNT PAID WITH FORMS 3537, 3522, 3536 STATEMENT 1 DESCRIPTION AMOUNT AMOUNT PAID WITH FORM 3537 AMOUNT PAID WITH FORM 3522 AMOUNT PAID WITH FORM 3536 14,000. 0. 0. TOTAL TO FORM 568, LINE 6 14,000. CA OTHER LOSS STATEMENT 2 DESCRIPTION AMOUNT FOREIGN EXCHANGE <156,411.> TOTAL TO TRADE OR BUSINESS INCOME SCHEDULE, LINE 11 <156,411.> CA DEPRECIATION AND AMORTIZATION STATEMENT 3 DESCRIPTION REPORTED REPORTED ON ELSEWHERE PAGE 1 DEPRECIATION - TRADE OR BUSINESS 46,519. AMORTIZATION - TRADE OR BUSINESS 201,053. TOTAL TO LINES 17B AND 17C 247,572. CA OTHER DEDUCTIONS STATEMENT 4 DESCRIPTION AMOUNT ADMINISTRATIVE - OTHER 125,542. ADVERTISING 76,268. BANK CHARGES 81,145. CLEANING SERVICE 46,123. COMMISSIONS EXPENSE 1,945,477. COMPUTER EXPENSE 56,901. CONSULTING FEES 530,543. DUES & SUBSCRIPTIONS 11,192. FILING FEES 8,815. INSURANCE 127,474. MEALS AND ENTERTAINMENT 76,748. STATEMENT(S) 1, 2, 3, 4 EFTA00806276 NEXT MANAGEMENT LLC 13-3495607 MODEL EXPENSES 36,973. OFFICE 147,920. OVERHEAD REIMBURSEMENT <1,325,013.> PAYROLL FEES 15,273. POSTAGE & DELIVERY 11,747. PRINTING EXPENSE 52,768. PROFESSIONAL FEES 331,530. SCOUTING EXPENSE 14,890. TELEPHONE EXPENSE 198,608. TRAVEL 758,595. UTILITIES 31,395. RENT 815,645. CA LOCAL BUSINESS TAXES 19,097. FL COMMERCIAL RENT TAX 1,683. NY COMMERCIAL RENT TAX 22,190. PAYROLL TAXES 617,919. CALIFORNIA TAXES - OTHER 800. REPAIRS 416,838. TOTAL TRADE OR BUSINESS OTHER DEDUCTIONS, LINE 21 5,255,086. CA SCHEDULE K CHARITABLE CONTRIBUTIONS STATEMENT 5 DESCRIPTION CHARITABLE CONTRIBUTIONS TYPE AMOUNT (50%) 12,512. TOTAL TO SCHEDULE K, LINE 13A 12,512. CA SCHEDULE K NONDEDUCTIBLE EXPENSES STATEMENT 6 DESCRIPTION AMOUNT ASSESSMENTS 434. EXCLUDED MEALS AND ENTERTAINMENT EXPENSES 76,747. STATE AND LOCAL INCOME/FRANCHISE TAXES - NEW YORK 110,586. TOTAL TO SCHEDULE K, LINE 18C 187,767. STATEMENT(S) 4, 5, 6 EFTA00806277 NEXT MANAGEMENT LLC 13-3495607 CA SCHEDULE K AGGREGATE GROSS RECEIPTS FOR AMT EXCLUSION STATEMENT 7 DESCRIPTION AMOUNT ACTIVITY: PASSTHROUGH 138,036. GROSS SALES LESS RETURNS 20,803,273. INTEREST 48,606. TOTAL 20,989,915. CA SCHEDULE K EXPENSE DEDUCTION FOR RECOVERY PROPERTY STATEMENT 8 DESCRIPTION AMOUNT OTHER DEPRECIATION 25,000. TOTAL TO SCHEDULE K, LINE 12 25,000. SCHEDULE M-1 EXPENSES RECORDED ON BOOKS NOT DEDUCTED IN RETURN STATEMENT 9 DESCRIPTION AMOUNT ASSESSMENTS 434. NONDEDUCTIBLE EXPENSES FROM PASSTHROUGH 50,637. RENT EXPENSE 84,592. STATE / LOCAL DEFERRED INCOME TAX 13,000. TOTAL TO SCHEDULE M-1, LINE 4 148,663. SCHEDULE M-1 INCOME RECORDED ON BOOKS NOT INCLUDED ON RETURN STATEMENT 10 DESCRIPTION AMOUNT TWO TWELVE MANAGEMENT, LLC 60,281. TOTAL TO SCHEDULE M-1, LINE 6 60,281. STATEMENT(S) 7, 8, 9, 10 EFTA00806278 NEXT MANAGEMENT LLC 13-3495607 SCHEDULE M-1 DEDUCTIONS ON RETURN NOT CHARGED AGAINST BOOKS STATEMENT 11 DESCRIPTION AMOUNT SALARIES AND WAGES 328,318. AMORTIZATION 201,053. TOTAL TO SCHEDULE M-1, LINE 7 529,371. CA SCHEDULE L OTHER CURRENT ASSETS STATEMENT 12 DESCRIPTION PREPAID EXPENSES TOTAL TO SCHEDULE L, OTHER CURRENT ASSETS BEGINNING END OF TAX YEAR OF TAX YEAR 159,432. 235,194. 159,432. 235,194. CA SCHEDULE L OTHER INVESTMENTS STATEMENT 13 DESCRIPTION BEGINNING OF TAX YEAR END OF TAX YEAR INVESTMENT IN TWO TWELVE MANAGEMENT LLC 83,446. 224,591. TOTAL TO SCHEDULE L, OTHER INVESTMENTS 83,446. 224,591. CA SCHEDULE L OTHER ASSETS STATEMENT 14 BEGINNING END DESCRIPTION OF TAX YEAR OF TAX YEAR DEFERRED TAX ASSET 64,000. 51,000. DEPOSITS 43,931. 41,596. DUE FROM AFFLIATES 1,313,624. 827,056. DUE FROM MODELS 1,607,052. 1,596,064. RESTRICTED CASH 40,000. 40,000. TOTAL TO SCHEDULE L, OTHER ASSETS 3,068,607. 2,555,716. STATEMENT(S) 11, 12, 13, 14 EFTA00806279 NEXT MANAGEMENT LLC 13-3495607 CA SCHEDULE L OTHER CURRENT LIABILITIES STATEMENT 15 DESCRIPTION BEGINNING END OF TAX YEAR OF TAX YEAR ACCRUED EXPENSES 1,786,832. CITY ACCRUED TAX TOTAL TO SCHEDULE L, OTHER CURRENT LIABILITIES 1,355,362. 29,386. 1,786,832. 1,384,748. CA SCHEDULE L OTHER LIABILITIES STATEMENT 16 DESCRIPTION ADVANCES FROM AFFLIATES DEFERRED RENT - LONG TERM DUE TO RELATED PARTY TOTAL TO SCHEDULE L, OTHER LIABILITIES BEGINNING END OF TAX YEAR OF TAX YEAR 8,342. 135,009. 1,476,782. 8,342. 222,660. 1,459,962. 1,620,133. 1,690,964. STATEMENT(S) 15, 16 EFTA00806280 2016 Pass-Through Entity Ownership EO (568) Name as shown on tax return NEXT MANAGEMENT LLC FEIN 13-3495607 California Secretary of State (SOS) file no. 200506910067 Part I - Partial Ownership List the entitles In which the taxpayer holds ownership of less than 100%. Name of Entity CA SOS file no. FEIN CA Source Income See instrs. Profit and Loss Snaring Percentage. See Instructions. Profit Loss • TWO TWELVE MANAGEMENT, L• •20-1354409 • *0.8000000•0.8000000 • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • rare ii - rim vwnersnip ust me oisregaraeo entities in wnicn me taxpayer no us lull ownership el I uvvo. Name of Entity CA SOS file no. FEIN CA Source Income See instrs. Full Ownership • • • • 100% • • • • 100% • • • • 100% • • • • 100% • • • • 100% • • • • 100% • • • • 100% • • • • 100% • • • • 100% • • • • 100% • • • • 100% ■ For Privacy Notice, get FT8 1131 ENG/SP. r 1 2 2 8331164 I Schedule EO (568) 2016 ■ EFTA00806281 SCHEDULE M-3 (Form 1065) Depattmeni cil lee Tioar443 Internal Revenue Service Name of partnership Net Income (Loss) Reconciliation for Certain Partnerships ►Attach to Form 1065 or Form 1065-B. IP. Information about Schedule 14-3 (Form 1065) and its instructions is at www.irs.gov/form 1065. OMB No 1545.0123 2016 NEXT MANAGEMENT LLC This Schedule M-3 is being filed because (check all that apply): A Lxi The amount of the partnership's total assets at the end of the tax year is equal to $10 million or more. M The amount of the partnership's adjusted total assets for the year is equal to $10 million or more. If box B is checked, enter the amount of adjusted total assets for the tax year 21,447,540. . C The amount of total receipts for the tax year is equal to $35 million or more. If box Cis checked, enter the total receipts for the tax year D 0 An entity that is a reportable entity partner with respect to the partnership owns or is deemed to own an interest of 50 percent or more in the partnership's capital, profit or loss, on any day during t e tax year of the partnership. Employer identification number 13-3495607 Name of Reportable Entity Partner Identifying Number Maximum Percentage Owned or Deemed Owned E t I Voluntary Filer Part I Financial Information and Net Income (Loss) Reconciliation 1a Did the partnership file SEC Form 10-K for its income statement period ending with or within this tax year? Yes Skip lines lb and lc and complete lines 2 through 11 with respect to that SEC Form 10-K. W No. Go to line lb. See instructions if multiple non-tax-basis income statements are prepared. b Did the partnership prepare a certified audited non-tax-basis income statement for that period? Yes Skip line lc and complete lines 2 through 11 with respect to that income statement. W No. Go to line lc. c Did the partnership prepare a non-tax-basis income statement for that period? M Yes Complete lines 2 through 11 with respect to that income statement. No. Skip lines 2 through 3b and enter the partnership's net income (loss) per its books and records on line 4a. 2 Enter the income statement period: Beginning 0 1/ 01 / 2016 Ending 12/31/2016 3a Has the partnership's income statement been restated for the income statement period on line 2? I= Yes (If 'Yes,' attach a statement and the amount of each item restated.) M No. b Has the partnership's income statement been restated for any of the five income statement periods immediately preceding the period on line 2? Yes (If 'Yes,' attach a statement and the amount of each item restated.) M No. 4a Worldwide consolidated net income (loss) from income statement source identified in Part I, line 1 b Indicate accounting standard used for line 4a (see instructions): 1 GMP 2 El IFRS 3 704(b) 4 Tax-basis 5 0 Other (specify)Ob. 5a Net income from nonincludtle foreign entities (attach statement) b Net loss from nonincludible foreign entities (attach statement and enter as a positive amount) 6a Net income from nonincludtle U.S. entities (attach statement) b Net loss from nonincludible U.S. entities (attach statement and enter as a positive amount) 7a Net income (loss) of other foreign disregarded entities (attach statement) b Net income (loss) of other U.S. disregarded entities (attach statement) 8 Adjustment to eliminations of transactions between includible entities and nonincludible entities (attach shot) 9 Adjustment to reconcile income statement period to tax year (attach statement) 10 Other adjustments to reconcile to amount on line 11 (attach statement) 11 Net income (loss) per Income statement of the partnership. Combine lines 4a through 10 Note. Part I, line 11, must equal Pan II, line 26, column (a) or Schedule M-1, line 1 (see instructions . 12 Enter the total amount (not just the partnership's share) of the assets and liabilities of all entities included or removed on the following lines: 4a 2,748,386. 6a 58 61 6b 7a 78 8 9 10 ( _ 11 a Included on Part I, tine 4 Removed on Part I, line 5 c Removed on Part I. line 6 d Included on Part I. line 7 Total Assets Total Liabilities 19,197,540. 1 17,527,583. 2,748,386. For Paperwork Reduction Act Notice, see the Instructions for your return. 610991 12.14O8 JWA Schedule M-3 (Form 1065) 2016 EFTA00806282 TAXABLE YEAR 2016 Apportionment and Allocation of Income ■ R CALIFORNIA SCHEDULE Attach this schedule behind your California tax return and prior to the supporting schedules. For calendar year 2016 or fiscal year beginning month (mmirld/Wyy) 01/01/2016. and ending (mmfdrItyyyy) Corporation name NEXT MANAGEMENT LLC Water's-Edge Filers Only: If controlled foreign corporations are included in the combined report, attach form FTB 2416. Complete Schedule R (Side 1 and Side 2) and all applicable Schedules (R-1 through R-7). See General Information for Schedule R. 12/31/2016. csie,,,Acapoodionwm., 13-3495607 1 a Net income (loss) after state adjustments from Form 100 or Form 100W, Side 2, line 17; Form 100S, Side 2, line 14; Form 100X, line 4. Form 565 and Form 568 filers: Enter the total of line 1 through line 11c from Schedule K (565 or 568) less the total of line 12 through line 13e from Schedule K (565 or 568) b Water's-edge foreign investment interest offset from form FTB 2424, line 17 e Total. Combine line la and tine lb Nonbusiness Income (Loss) from All Sources. See General Information A for definitions and examples. 2 Dividends included on line la and not deducted on Form 100, Side 2, tine 11; Form 100W, Side 2, lines llafb; or Form 100S, Side 2, lines 9 and 10 3 Interest Attach schedule 4 Net income (loss) from the rental of property from Schedule R-3, line 3, column (c) 5 Royalties. Attach schedule 6 Gain (loss) from the sale of assets from Schedule R-4, line 2, column (e) 7 Gain (loss) from sale of a nonbusiness interest in a partnership or LLC. Attach sch 8 Miscellaneous nonbusiness income (loss). Attach schedule 9 Total nonbusiness income (loss). Combine tine 2 through line 8 • • • • • • • • la lb lc 2,482,328. 00 00 2,482,328. 00 2 3 4 5 6 7 00 00 00 00 00 00 00 • 8 Business Income (Loss) before Apportionment (subject to a separate apportionment formula) 10 Nonunitary partnership or LLC business income (loss) • 11 Income (loss) from a separate trade or business. Attach supplemental Schedule • 12 Business income (loss) deferred from prior years. See General Information L • 13 Capital gain (loss) netting subject to separate apportionment. See Gen Information M • 14 Total separately apportionable business income (loss). Combine line 10 through line 13 15 Tot business inc (loss) subject to apportionment for this trade or business, subtract the sum of in 9 and in 14 from In lc 16 Interest offset from Schedule R-5, line 7 or line 16 (California domiciliaries only) 17 Business Income (loss) for this trade or business subject to apportionment Combine line 15 and line 16 18 a Apportionment percentage from Schedule R-1, Part A, line 2 or Part B, fine 5 b Business income (loss) apportioned to California. Multiply line 17 by line 18a Nonbusiness Income (Loss) Allocable to California. If no income (loss) is allocable to California, do not complete line 19 through line 26, enter -0- on line 27 and go to Side 2, line 28. 19 Dividends and interest income (if taxpayers commercial domicile is in California): a Dividends included in line 2 above b Interest included in line 3 above 20 Net income (loss) from the rental of property within Califomia from Schedule R-3, line 3, column (b) 21 Royalties. Attach schedule 22 Gain (loss) from the sale of assets within California from Schedule R-4, ine 2, total of column (b) and column (d). Combined reporting groups, see General Information M 23 Gain (loss) from sale of a nonbusiness interest in a partnership or LLC. Attach schedule 24 Miscellaneous nonbusiness income (loss). Attach schedule 25 Total nonbusiness income (loss) allocable to California. Combine line 19a through line 24 26 Interest offset from line 16 allocated to income included on line 19a and line 19b (California domiciliary only). See General information J 27 Net nonbusiness income (loss) allocable to California. Subtract ine 26 from line 25 10 11 12 13 • g 1 00 00 00 00 00 • • • • 0 • • • • • • • • • • • 14 15 16 17 18a 18b 00 2,482,328. 00 00 2,482,328. 00 23.8761 % 592,682. 00 19a 19b 20 21 00 00 00 00 22 23 24 25 00 00 00 00 26 27 00 0.00 ■ 09841/124546 199 I 8011164 I-- Schedule R 2016 Side 1 ■ EFTA00806283 Corporation name NEXT MANAGEMENT LLC California Business Income (Loss) subject to a separate apportionment formula. 28 California business income (loss) from a nonunitary partnership or LLC 29 California income (loss) from a separate trade or business. Attach supplemental schedule R. • 30 California business income (loss) deferred from prior yrs. See General Information L • 28 00 29 00 30 00 31 Total business income (loss) separately apportioned to California. Combine line 28 through line 30 • 31 00 Net Income (Loss) for California Purpose 32 Post-apportioned and allocated amounts from capital gain (loss) netting. See General Information M 32 00 93 Net income (loss) for California purposes before contributions adjustment Combine line 18b, 27, 31 and 32 • 33 592,682. 00 34 Contributions adjustment from Schedule R-6, line 15 • 34 00 95 Net income (loss) for California purposes. Combine line 33 and line 34. Enter here and on Form 100 or Form 100W, Side 2, line 18 or Form 100S, Side 2, line 15 • 35 592,682. 00 CaltiorNacorpootflonnomeci 13-3495607 Complete the applicable Schedules R-1 through R-7, starting on Side 3. 639842 Side 2 Schedule R 2016 199 I 8012164 i2.I5.16 EFTA00806284 Corporation name NEXT MANAGEMENT LLC Schedule R-1 Apportionment Formula. Part A. Standard Method - Single-Sales Factor Formula. Complete this part only if the corporation uses the single-sales factor formula. See General Information G and Specific Instructions Total within(a ) and outside California (b) Total withinCalifornia c) Percent within California (b) • (a) x 100 1 Sales: Gross receipts, less returns, and allowances a Sales delivered or shipped to California purchasers (i) Shipped from outside California (i) Shipped from within California b Sales shipped from California to: (i) The United States Government (i) Purchasers in a state where the taxpayer is not taxable. c Total other gross receipts CO Sales from services (i) Sales or other income from intangibles (ii)Sales from rental, leasing or licensing of tangible or real property . (iv)Sales from other gross receipts d Sales from partnership or LLCs treated as partnerships Total sales • • 21,743,272. • 5,191,437. • • • 0. • • • 21,743,272.• 5,191,437. 2 Apportionment percentage. Divide total sales column (b) by total sales column (a) and multiply the result by 100. Enter the result here and on Schedule R, Side 1, line 18a. See General Information H • 23.8761% Part B Three-Factor Formula. Complete this part only if the corporation uses the three-factor formula. 01 Total within and outside California (I)) Total within California (a) Percent ynthin California (b) • (a) x 100 I Property: Use tne ;omega yearly value o1 owned real and tangible personal property tad in the business al anginal cost. See General intormellen E. Exclude property not comecied with IN) business and tne value or conSbuCtiOn in prowess Inventory Buildings Machinery and equipment (including delivery equipment) Furniture and fixtures Land Other tangible assets. Attach schedule Rented property used in the business. See General Information E Total property • • • % 2 Payroll: Use employee wages, salaries, commissions, and other compensation related to business income. See General Information F Total payroll • • I * % 3 4 5 Sales: Gross receipts, less returns, and allowances. See General Information G and Specific Instructions a Sales delivered or shipped to California purchasers. (i) Shipped from outside California (ii) Shipped from within California b Sales shipped from California to: (i) The United States Government (ii) Purchasers in a state where the taxpayer is not taxable c Total other gross receipts Total sales Total percent Add the percentages in col (c). Apportionment percentage. Divide line 4 by 3 enter the result here and on Schedule R. Side 1, line 18a. See General Information H • • • • • % % • % Gaidanra annotation number 13-3495607 • 6.30843 la.l5.16 =cri 8013164 I Schedule R 2016 Side 3 EFTA00806285 Ccrporat )r r Gainer.** eOrlflOrtaXin muter NEXT MANAGEMENT LLC 13-3495607 Schedule R-2 Sales and General Questionnaire. Attach additional sheets if necessary. 1 Describe briefly the nature and location(s) of your California business activities: MODELING AGENCY 2 State the exact title and principal business activity of all joint ventures, partnerships, or LLCs in which the corporation has an interest TWO TWELVE MANAGEMENT LLC - PUBLIC RELATIONS 3 Does the California sales figure on Schedule R-1 (or a comparable schedule in a combined report) include all sales shipped from California where the purchaser is the U.S. Govemment? Yes M No If No," explain. NOT APPLICABLE 4 Does the California sales figure on Schedule R-1 (or a comparable schedule in a combined report) include all sales shipped from California to states in which the taxpayer is not subject to tax? See General Information G and Specific Instructions. OYes ®No If 'No,' explain. NOT APPLICABLE 5 Did the taxpayer use reasonable approximation to assign sales under Schedule R-1, Part A, line 1c (i)-(iv)9 • LJ Yes LXJ No If 'Yes; provide a brief description. 6 Are the nonbusiness items reported on Schedule R, Side 1, line 2 through line 8, and the apportionment factor items reported on Schedule R-1 treated consistently on all state tax returns filed by the taxpayer? M Yes 0 No If 'No,' explain. 7 Has this corporation or any member of its combined unitary group changed the way income is apportioned or allocated to California from prior year tax returns? See General Information I. 0 Yes M No If -Yes; explain. 8 Does the California sales figure on Schedule R-1 (or comparable sch in a combined report) include all sales shipped to California destinations? L_Nes If 'No,' indicate the name of the selling member and the nature of the sales activity believed to be immune. NOT APPLICABLE NOT APPLICABLE 9 Does the California sales figure on Schedule R-1 (or comparable schedule in a combined report) include all sales delivered to customers outside California which have an ultimate destination in California?C Yes ®No If to; explain. NOT APPLICABLE LXJNo Schedule R-3 Net Income (Loss) from the Rental of Nonbusiness Property I Income from rents 2 Rental deductions 3 faiinromeaosslfromrtnisSalraelMe2bosine1.Eulatienaglasaal eitencrirttlirSnlimfrmecowynnINcnSectim20 ( Total a) outside California (b) Total within California ) Total outside and within California (a) r (b) 0 0 Schedule R-4 Gain (Loss) from The Sale of Nonbusiness Assets California sales of nonbusiness assets include transactions involving (1) real property located in California; (2) tangible personal property, if it had a situs in California at the time of sale, or if the corporation is commercially domiciled in California and not taxable in the state where the property had a situs at the time of sale; and (3) intangible personal property if the corporation's commercial domicile is in California or the income is otherwise allocable to California. Description of properly sold Real estate and other tangible assets Intangible assets Total a Gain (loss) from outside California Gain oss) from within California c Gain ( ss) from outside California Gain loss) from within California Gal e ss) (a) + (b) •(c) • (d) 1 0 0 @ 0 0 0 0 C) 0 0 ® 0 0 0 0 2 Total gain (loss) .. ® 0 0 0 0 Enter total gain (loss) line 2, column (e) on Side 1, line 6 and enter total of line 2, column (b) an (d) on Side 1, line 22 ■ emu Side 4 Schedule R 2016 frri 8014164 01.03.17 EFTA00806286 629931 11.17-16 CALIFORNIA FORM TAXABLE YEAR 2016 Depreciation and Amortization U 3885L Name as shown on return NEXT MANAGEMENT LLC cammiasecway isweisosoiktm 200506910067 FEIN 13-3495607 Assets and intangibles placed in service during the 2016 taxable year: Depreciation of assets Amortization of property 01 Doctspa:sn n• iroptrly itil Dateer &rood in svice innissid/YYYV) (c) Coss a balls ar WaW Win ClopeCtatigon 00 Wear rage M Deprociation sc. INS year KO Cocks boctiOn 011 Poirl0sl Or peroentogi II) Annettrallal I* Ole Yee' 195 OFFICE EQUIPMENT 04/26/2016 (CA) 4,927.200DB 5.00 0. 196 LEASEHOLD IMPROVEMENT 01/05/2016 (CA) 11,130.150DB 15.00 0. 197 LEASEHOLD IMPROVEMENT 03/23/2016 (CA) 25,305.150DB 15.00 818. 198 LEASEHOLD IMPROVEMENT 06/14/2016 (CA) 10,561.150DB 15.00 528. 199 LEASEHOLD IMPROVEMENT 05/28/2016 (MET) 12,600.150DB 15.00 630. 1 Enter line 1, column (f and column (i) totals 1 1,976. Depreciation Be sure to make adjustments for any basis differences when calculating depreciation. 2 California depreciation for assets placed in service beginning before the 2016 taxable year 3 Total California depreciation. Add line 1(f) and line 2 Amortization Be sure to make adjustments for any basis differences when calculating amortization. 4 California amortization for intangibles placed in service beginning before the 2016 taxable year 5 Total California amortization. Add line 1(i) and line 4 6 Total depreciation and amortization. Add line 3 and line 5. Enter the total here and on Form 568, Schedule B, line 17a, if from a trade or business, or on federal Form 8825, line 14, if from rental real estate activities 7 IRC Section 179 expense deduction from line 12 of the worksheet in the instructioiSTMT 1.7 7 8 Carryover of disallowed deduction to 2017 from line 13 of the worksheet in the instructions 8 25,000. 2 4 5 6 44,543. 46,519. 201,053. 201,053. 247,572. 022i 7651164 r FTB 3885L 2016 EFTA00806287 NEXT MANAGEMENT LLC 13-3495607 CA FORM 3885 IRC SECTION 179 WORKSHEET FOR LINES 7 AND 8 STATEMENT 17 1 MAXIMUM DOLLAR LIMITATION 2 TOTAL COST OF IRC 179 PROPERTY PLACED IN SERVICE 3 THRESHOLD COST OF IRC 179 PROPERTY PLACED IN SERVICE 4 REDUCTION IN LIMITATION. LN 2 - LN 3. 5 DOLLAR LIMITATION FOR TAXABLE YEAR. LN 1 - LN 4. 6 ELECTED COST OF NONLISTED PROPERTY 7 ELECTED COST OF LISTED PROPERTY 25,000. 64,523. 200,000. 0. 25,000. 25,000. 0. 8 TOTAL ELECTED COST OF IRC 179 PROPERTY. LN 6 + LN 7. 25,000. 9 TENTATIVE DEDUCTION. SMALLER OF LN 5 OR LN 8. 25,000. 10 CARRYOVER OF DISALLOWED DEDUCTION FROM PRIOR YEAR 0. 11 INCOME LIMITATION. SMALLER OF LN 5 OR TOB INCOME. 25,000. 12 IRC 179 EXPENSE. LN 9 + LN 10, NOT MORE THAN LN 11 25,000. 13 CARRYOVER OF DISALLOWED DEDUCTION. LN 9 + LN 10 - LN 12. 0. ENTER LINE 12 ON FORM 3885P / 3885L LINE 7 ENTER LINE 13 ON FORM 3885P / 3885L LINE 8 STATEMENT(S) 17 EFTA00806288 CA Form 4562 Department of Ito TroattaY interne/ Revalue Service (2) Namels) Shown on mum Depreciation and Amortization (Including Information on Listed Property) OTHER ► Attach to your tax return. ► Information about Form 4562 and its separate nstruetions is at www.irs.gov/fotm4562. litisirtr.s c ao Way 10 Atich this form ceialos 04AS No. 1545.0172 2016 Altachniont Sequence No 179 toontrying number NEXT MANAGEMENT LLC OTHER DEPRECIATION 13-3495607 Part I I Election To Expense Certain Property Under Section 179 Note: if you have any listed property. complete Part V before you complete Part I. 1 Maximum amount (see instructions) 2 Total cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in limitation 4 Reduction in limitation. Subtract Ina 3 from line 2. If zero or less, enter'} 5 Dollar Imitation (Or VW year. Subtract Ilno 4 tom line I. N Zere a lea enter -0-. II roamed Inni) 'seaway. Sae InatruCtUrn 1 25,000. 2 64,523. 3 200,000. 4 5 25,000. 6 IN0.9crIptIon 01 poverty Nl cost IbtOlOSS us. only) FlOCtad eWt 25,000. SEE STATEMENT 18 64,523. 25,000. 7 Listed property. Enter the amount from line 29 8 Total elected cost of section 179 property. Add amounts in column (c), 9 Tentative deduction. Enter the smaller of line 5 or line 8 10 Carryover of disallowed deduction from line 13 of your 2015 Form 4562 11 Business income limitation. Enter the smaller of business income (not 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter 13 Carryover of disallowed deduction to 2017. Add lines 9 and 10. less 7 lines 6 and 7 less than zero) or lie 5 more than line 11 8 9 25,000. 10 11 25,000. 12 25,000. line 12 ,, ,,, , 13 Note: Don't use Part II or Part III below for listed property. Instead. use Part V. I Part II I Special Depreciation Allowance and Other Depreciation (Don't include listed property.) 14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year 15 Property subject to section 168(f)(1) election 16 Other depreciation (including ACRS) 14 15 18 25,934. I Part III I MACRS Depreciation (Don't include listed property.) (See instructions.) Section A 17 MACRS deductions for assets placed in service in tax years beginning 18 It you era electing to gaup any assets placed Si SWAM Deno the tax yaar nto ono a rncio before 2016 hero .. ► n 17 I 18,609. Wend a4.901 accounts. Check Section B - Assets Placed In Service During 2016 Tax Year Using the Gene al Depreciation System IS Classdicatton Cl proporly Ito Mann and 'JEW Paced ccusinasonvostmont in sintICO IC) Bays ICI deprecation use Only • sae instructions) Id) SOCCreny IWICon (e) Convention It) tiolttcd I9I Datt•OCIatIC0 deduction 19a Syear property b 5-year property c 7-year property d 10.year property e 15.year property 39,523. 15 YRS. HY 150DB 1,976. f 20-year property g 25-year property 25 yrs. St h Residential rental property / 27.5 yrs. MM St / 27.5 errs. MM St I Nonresidential real property / 39 yrs. MM St / MM St Section C - Assets Placed In Service During 2016 Tax Year Using the Alternative Depreciation System 20a Class life Sit b 12-year 12 yrs. Sit c 40.year / 40 yrs. MM Sit Part IV I Summary (See instructions.) 21 Listed property. Enter amount from line 28 22 Total. Add amounts from line 12. lines 14 through 17, Ines 19 and 20 in column (g). and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporations • see instr. 23 For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs 23 21 22 46,519. 615251 17-2I-16 LHA For Paperwork Reduction Act Notice, see separate instructions. Form 4562 (2016) EFTA00806289 Form 4562 J2016) NEXT MANAGEMENT LLC 13-3495607 Page 2 I Part V I Listed Property (Include automobiles, certain other vehicles, certain aircraft, certain computers, and property used for entertainment. recreation. or amusement.) Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b. columns (a) through (c) of Section A. all of Section B. and Section C if applicable. Section A - Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24a Do you have evidence to s pport the business/investment use claimed? LJ Yes L_I No 24b If 'Yes.' is the evidence written', L_I Yes Li No (a) Type of property (list vehicles first) (b) Date placed in service (c) Business/ investment use percentage (d) Cost or other basis (e) Baas ion:loemcrauon Otoinosstinmatmont 14B only) M Recovery period W) Convention (h) Depreciation deduction M Elected section 179 cost 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualified business use 25 26 Property used more than 50% in a qualified business use: 27 Property used 50% or less in a qualified business use: S/L • S/L • 28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 29 Add amounts in column line 26. Enter here and on tine 7. 1 1 29 Section B - Information on Use of Vehicles Complete this section for vehicles used by a sole proprietor. partner, or other "more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles. 1 28 30 Total business/investment miles driven during the year (don'tinclude commuting miles) (a) Vehicle (b) Vehicle (e) Vehicle (d) Vehicle (e) Vehicle M \retitle 31 Total commuting miles driven during the year 32 Total other personal (noncommuting) miles driven 33 Total miles driven during the year. Add Ines 30 through 32 34 Was the vehicle available for personal use during off•cluty hours? Yes No Yes No Yes No Yes No Yes No Yes No 35 Was the vehicle used primarily by a more than 5% owner or related person? 36 Is another vehicle available for personal use? Section C • Questions for Employers Who Provide Vehicles for Use by Their Employees Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren't more than 5% owners or related persons. 37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your employees? 38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners 39 Do you treat all use of vehicles by employees as personal use? 40 Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the vehicles, and retain the information received? 41 Do you meet the requirements concerning qualified automobile demonstration use? Note: If answer to 37, 38, 39, 40, or 41 is 'Yes," don' complete Section B for the covered vehicles I Part VI Amortization (a) (b) (c) (d) (e) I) (Newtown of coat* Dat mulatto° Mmanabla Coda Anonatnn AillentlatIOn Wits amount "coon WOO of ICI !Ns yaw 42 Amortization of costs that begins during your 2016 tax year OS N 43 Amortization of costs that began before your 2016 tax year 44 Total. Add amounts in column (f). See the instructions for where to report 43 44 201,053. 201,053. 616252 12-21.16 Form 4562 (2016) EFTA00806290 NEXT MANAGEMENT LLC 13-3495607 FORM 4562 PART I - SECTION 179 EXPENSE STATEMENT 18 (A) DESCRIPTION OF PROPERTY (C) (B) ELECTED COST COST OFFICE EQUIPMENT (CA) 4,927. 4,927. LEASEHOLD IMPROVEMENT (CA) 11,130. 11,130. LEASEHOLD IMPROVEMENT (CA) 25,305. 8,943. LEASEHOLD IMPROVEMENT (CA) 10,561. 0. LEASEHOLD IMPROVEMENT (MET) 12,600. 0. TOTAL TO FORM 4562, PART I, LINE 6 64,523. 25,000. STATEMENT(S) 18 EFTA00806291 CA TOB REC RECONCILIATION OF CALIFORNIA ORDINARY INCOME TO FEDERAL ORDINARY INCOME 2016 NAME NEXT MANAGEMENT LLC EMPLOYER ID 13-3495607 DESCRIPTION FEDERAL CALIFORNIA DIFFERENCE 1A GROSS RECEIPT OR SALES 1 B LESS RETURNS AND ALLOWANCES 1C BALANCE (LINE IA - 1B) 2 COST OF GOODS SOLD AND/OR OPERATIONS 3 GROSS PROFIT (LINE IC - 2) 4 ORDINARY INCOME (LOSS) FROM OTHER PARTNERSHIPS AND FIDUCIARIES 5 NET FARM PROFIT (LOSS) 6 NET GAIN (LOSS) FROM FORM 4797 OR FORM D-1 7 OTHER INCOME (LOSS) 8 TOTAL INCOME (LOSS)(COMBINE LINES 3 THROUGH 7) 9 SALARIES AND WAGES 10 GUARANTEED PAYMENTS 11 REPAIRS 12 BAD DEBTS 13 RENT 14 TAXES 15 DEDUCTIBLE INTEREST EXPENSE NOT CLAIMED ELSEWHERE 16 DEPRECIATION 17 DEPLETION 18 RETIREMENT PLANS, ETC 19 EMPLOYEE BENEFIT PROGRAMS 20 OTHER DEDUCTIONS 21 TOTAL DEDUCTIONS (ADD LINE 9 THROUGH 20) 22 ORDINARY INCOME (LOSS) (SUBTRACT LINE 21 FROM 8) 20,803,273. 20,803,273. 20,803,273. 20,803,273. 20,803,273. 20,803,273. 137,818. 137,818. <156,411.> <156,411.> 20,784,680. 20,646,862. 137,818. 12,181,179. 12,181,179. 416,838. 416,838. 815,645. 815, 45. 772,275. 661,689. 110,586. 72. 72. 44,543. 247,572. <203,029. 111,980. 111,980. 379,739. 379,739. 3,561,967. 3,360,914. 201,053. 18,284,238. 18,175,628. 108,610. 2,500,442. 2,471,234. 29,208. 629231 04-01.15 24 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806292 CA REC RECONCILIATION OF CALIFORNIA SOURCE AMOUNT 2016 NAME NEXT MANAGEMENT LLC EMPLOYER ID 13-3495607 DESCRIPTION CALIFORNIA SCHEDULE K AMOUNT NON-CALIFORNIA SOURCE AMOUNT CALIFORNIA SOURCE AMOUNT 1 Ordinary Income (loss) from trade or business activities 2 Net Income (loss) from rental real estate activities 3 Net income (loss) from other rental activities 4 Guaranteed payments to partners 5 Interest Income 6 Dividends 7 Royalties 8 Net short-term capital gain (loss) 9 Net long-term capital gain (loss) 10 a Total Gain under IRC Section 1231 (other than due to casualty or theft) b Total Loss under IRC Section 1231 (other then due to casualty or theft) 11 a Other portfolio income (loss) b Total other income e Total other loss 12 Expense deduction for recovery properly (IRC Section 179) 13 a Charitable contributions: i) 50% Limit ii) 30% Limit ii) 20% Limit b Investment interest expense c Section 59(e) expenditures d Deductions related to portfolio income e Other deductions 17 a Depreciation adjustment on property in service after 1986 b Adjusted gain or (loss) c Depletion (other than oil and gas) d Gross income from oil, gas, and geothermal properties e Deductions allocable to oil, gas, and geothermal properties f Other alternative minimum tax items 18 a Tax-exempt interest income b Other tax-exempt income c Nondeductible expenses 20 a Investment income 0 Investment expenses 2,471,234. 1,881,201. 590,033. 48,606. 48,606. 25,000. 19,031. 5,969. 12,512. 12,512. 9,265. 7,053. 2,212. 187,767. 142,936. 44,831. 48,606. 48,606. 629241 044)1.16 25 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806293 1 TAXABLE YEAR Member's Share of Income, 2016 Deductions, Credits, etc. 629421 11.23.16 CALIFORNIA SCHEDULE K-1 (568) TYB 01-01-2016 TYE 12-31-2016 13-3508513 CLAXON INC C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK NY 10013 13-3495607 200506910067 NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK NY 10013 A What type of entity is this member?* (1) 0 Individual (4) M C Corporation (7) 0 LLP (10) 0 Exempt Organization (2) 0 S Corporation (8) 0 General Partnership (8) 0 LLC (1 1) 0 Disregarded Entity (3) 0 Estate/Trust (6) 0 Limited Partnership (9) 0 IRA/Keogh/SEP B Is this member a foreign member? • 0 Yes M No C Enter members percentage (without regard to special allocations) of: Profit sharing Loss sharing Ownership of capital (I) Before decrease or temiinaton 42.0000 42.0000 42.0000 g• g• (II) End of year 42.0000 42.0000 42.0000 13 Member's share of liabilities: Nonrecourse • S Qualified nonrecourse financing • S Other • S E Reportable transaction or tax shelter registration number(s) F (1) Check here if this is a publicly traded partnership as defined in IRC Section 469(0(2) ci ci ci 402,290 7,543,181 ci 00 00 (2) Check here if this is an investment partnership (R&TC Sections 17955 and 23040.1) G Check here if this is: • (1) C A final Schedule K•1 (568) (2) 0 An amended Schedule K•1 (568) H Is this member a resident of California? • 0 Yes II, M No ® Li 0 For Privacy Notice, get FIB 1131 ENG/SP. M( 21 2 7901164 I Schedule K•1 (568) 2016 Side 1 1 EFTA00806294 1 629477 11-23.16 Members name ICLAXON INC C/O NEXT MANAGEMENT LLC Members identifying number 13-3508513 I Analysis of members capital account: Check the box • (1) al Tax Basis (2) GAAP (3) Section 704(b) Book (4) Other (explain) l a) Caplui account al oo3inning of yam RI) Capital oconbuiad Outing 21001 lo) latintaes abate of one 3. line 4. and lino T. Form 568. Schadula M.2 withcfrawais .1, (1es,...,..n. e Capital accouni t )at and of year. combine column (a) trough Column (dl • 492,058. • • 1,154,322.•( 945,000.) • 701,380. caution: Hater to member s instructions ror Jcnealie Is-i iota) oetore entemg imormation worn tnis scneatne on your uarromia return. (a Distributive share items (b) Amounts from federal Schedule Icl (1065) (c) California adjustments (d) Total amounts using California law. Combine col. (b) and col. (c) where applicable (e) California source amounts and credits Income (Loss) 1 Ordinary Income (loss) from trade or business activities 2 Net Income (loss) from rental real estate activities 3 Net Income (loss) from other rental activities 4 Guaranteed payments to members 5 Interest income 6 Dividends 7 Royalties 8 Net short-term capital gain (loss) 9 Net long-term capital gain (loss) 10 a Total gain under IRC Section 1231 (other than due to casualty or theft) b Total loss under IRC Section 1231 (other than due to casualty or theft) 11 a Other portfolio income (loss). Attach schedule b Total other Income c Total other loss 1,050,186. -12,268. • 1,037,918. P. 247,814. • Po 0 ® • ll• 6,707. 13,708. • 20,415. lo. • ll• • ll• • ll• • ll• • ll• • ll• • ll• • ll• • Ilab i e 0 . 12 Expense deduction for recovery prop. (IRC Section 179) STMT 13 a Charitable contributions STM b Investment interest expense 1 Total expenditures to which an IRC Section 59(e) election may apply 2 Type of expenditures 27,100. -16,600. 10,500. 2,507. 5,255. 5,255. d Deductions related to portfolio income e Other deductions ■ Side 2 Schedule KA (568) 2016 022 7902164 I ■ EFTA00806295 1 62947311.23-16 Members name ICLAXON INC C/O NEXT MANAGEMENT LLC Members identifying number 13-3508513 (a) Distributive share items 4 Amounts from federal Schedule K.1 (1065) rO California adjustments (0 Total amounts using California law. Combine col. (b) and col. (c) le) California source amounts and credits is o 3 15 a Total withholding (equals amount on Form 592-8 if calendar year LLC) b Low-income housng credit c Credits other than line 15b related to rental real estate activities d Credits related to other rental activities e Nonconsenting nonresident member% tax paid by LLC I Other credits • Attach required schedules or statements AL • In, Alternative Minimum Tax (AMT) Items 17 a Depreciation adjustment on property placed in service after 1986 b Adjusted gain or loss c Depletion (other than oil & gas) d Gross income from oil, gas, and geothermal properties e Deductions allocable to oil, gas, and geothermal properties I Other alternative minimum tax items 68. 3,824. (i.., 3,892. 0 929. lanteTTAINO litre:, 18 a Tax-exempt interest income b Other tax-exempt income c Nondeductible expenses . . . STMT 53,684. 25,178. 78,862. 18,829. 8 tr., 0 z P L, a 19 a Distributions of money (cash and marketable securities) b Distributions of property other than money 945,000. (!) 945,000. 1 ® S la 5E O S c 20 a Investment income b Investment expenses e Other information. See instructions 6,707. 13,708. 20,415. ■ 022 7903164 I Schedule K 1 (568) 2016 Side 3 1 EFTA00806296 1 629424 11-n.16 Members name ICLAXON INC C/O NEXT MANAGEMENT LLC Members Identifying number 13-3508513 Other Member Information Table 1 Member's share of nonbusiness income from intangibles (source of income is dependent on residence or commercial domicile of the member): Interest $ Dividends $ Sec. 1231 Gainsiosses $ Royalties Capital Gains/Losses $ Other FOR USE 8Y MEMBERS ONLY • See instructions. Table 2 Member's share of distributive items. A. Members share of the LLC's business income. See instructions. $ B. Member's share of nonbusiness income from real and tangible personal property sourced or allocable to California. Capital Gains/Losses $ Sec. 1231 GainstLosses $ Rents/Royalties $ Other C. Member's distributive share of the LLC's property, payroll, and sales: Factors Total within and outside California Property: Beginning Property: Ending Property: Annual rent expense , , Payroll Sales Total within California ■ Side 4 Schedule K•1 (568)2016 022 7904164 EFTA00806297 NEXT MANAGEMENT LLC 13-3495607 CA SCHEDULE K-1 CHARITABLE CONTRIBUTIONS AMOUNT DESCRIPTION AMOUNT CA SOURCE CHARITABLE CONTRIBUTIONS - 50 PERCENT LIMIT 5,255. TOTAL TO SCHEDULE K-1, LINE 13A 5,255. CA SCHEDULE K-1 EXPENSE DEDUCTION FOR RECOVERY PROPERTY DESCRIPTION AMOUNT IRC SECTION 179 EXPENSE 10,500. TOTAL TO SCHEDULE K-1, LINE 12 10,500. CA SCHEDULE K-1 COLUMN C RECONCILIATION DESCRIPTION AMOUNT ORDINARY INCOME (LOSS) INTEREST INCOME SECTION 179 EXPENSE CHARITABLE CONTRIBUTIONS AMORTIZATION ON RETURN AND NOT ON BOOKS DEPRECIATION ON BOOKS AND NOT ON RETURN NONDEDUCTIBLE EXPENSES RENT EXPENSE SALARIES AND WAGES STATE / LOCAL DEFERRED INCOME TAX TWO TWELVE MANAGEMENT, LLC 1,050,186. 6,707. <27,100.> <5,255.> 84,442. <23,197.> <53,684.> <35,529.> 137,894. <5,460.> 25,318. TOTAL TO SCHEDULE K-1 ANALYSIS OF CAPITAL ACCOUNT, COLUMN C 1,154,322. CA SCHEDULE K-1 NONDEDUCTIBLE EXPENSES DESCRIPTION AMOUNT ASSESSMENTS 182. EXCLUDED MEALS AND ENTERTAINMENT EXPENSES 32,234. STATE INCOME/FRANCHISE TAXES 46,446. TOTAL TO SCHEDULE K-1, LINE 18C 78,862. PARTNER NUMBER 1 EFTA00806298 2 TAXABLE YEAR Member's Share of Income, 2016 Deductions, Credits, etc. ■ 629421 11.23.16 CALIFORNIA SCHEDULE K-1 (568) TYB 01-01-2016 TYE 12-31-2016 13-3501977 PARTNERSHIP HOLDING CORP C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK NY 10013 13-3495607 200506910067 NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK NY 10013 A What type of entity is this member?* (1) 0 Individual (4) 0 C Corporation (7) 0 LLP (10) 0 Exempt Organization (2) MI S Corporation (6) 0 General Partnership (8) 0 LLC (11) 0 Disregarded Entity (3) 0 Estate/Trust (6) 0 Limited Partnership (9) 0 IRA/Keogh/SEP B Is this member a foreign member? • El Yes M No C Enter members percentage (without regard to special allocations) of: Profit sharing Loss sharing Ownership of capital 13 Member's share of liabilities: Nonrecourse Qualified nonrecourse financing Other (I) Before decrease or temiinaton 31.0000 31.0000 31.0000 (II) End of year 31.0000 31.0000 31.0000 E Reportable transaction or tax shelter registration number(s) F (1) Check here if this is a publicly traded partnership as defined in IRC Section 469(0(2) (2) Check here if this is an investment partnership (R&TC Sections 17955 and 23040.1) G Check here if this is: • (1) l= A final Schedule K•1 (568) (2) 0 An amended Schedule K•1 (568) H Is this member a resident of California? • El Yes II, M No • S • S • S 296,929 00 00 00 5,567,586 ® 0 0 For Privacy Notice, get FIB 1131 ENG/SP. M( 21 2 7901164 I Schedule K•1 (568) 2016 Side 1 2 EFTA00806299 2 62947? 11.23.16 Members name PARTNERSHIP HOLDING CORP. C/O NEXT MA Members identifying number 13-3501977 I Analysis of members capital account: Check the box • (1) LxJ Tax Basis (2) 0 GAAP (3) Section 704(b) Book (4) Other (explain) ( a) Donning of yaw Cadtd account al (b) Capital ocotibutaci Outing Mar (c) Morctia'S share of Ina 3. pro 4, and lino T, Form 568. Scheoldo M.2 withcfrawais Naes,...,..n. e ) cammamoun( newayom. combine column (a) through titan (di • 363,187. • • 852,000.0( 697,500.) • 517,687. caution: Hater to member s instructions ror Jcnealle Is-i iota) oetore entemg imormation worn tots scneatne on your uarromia return. (a Distributive share items (b) Amounts from federal Schedule Icl (1065) (c) California adjustments (d) Total amounts using California law. Combine col. (b) and col. (c) where applicable (e) California source amounts and credits Income (Loss) 1 2 3 4 5 6 7 8 9 10 11 Ordinary income (loss) from trade or business activities Net income (loss) from rental real estate activities Net income (loss) from other rental activities Guaranteed payments to members Interest income Dividends Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) a Total gain under IRC Section 1231 (other than due to casualty or theft) b Total loss under IRC Section 1231 (other than due to casualty or theft) a Other portfolio income (loss). Attach schedule b Total other income c Total other loss 775,137. -9,054. • 766,083. II. 182,910. • la, ® 40 • ll• 4,950. 10,117. • 15,067. Illi. • ll• • ll• • ll• • ll• • ll• • ll• • ll• • ll• • ll• i e O . 12 13 Expense deduction for recovery prop. (IRC Section 179) STMT a Charitable contributions STMT b Investment interest expense 1 Total expenditures to which an IRC Section 59(e) election may apply 2 Type of expenditures 20,002. -12,252. 7,750. 1,850. 3,879. 3,879. d Deductions related to portfolio income e Other deductions ■ Side 2 Schedule K 1 (568) 2016 022 7902164 I ■ EFTA00806300 2 62947311.23-16 Members name PARTNERSHIP HOLDING CORP. C/O NEXT MA Members identifying number 13-3501977 (a) Distributive share items b) Amounts from federal Schedule K.1 (1065) rO California adjustments (0 Total amounts using California law. Combine col. (b) and col. (c) le) California source amounts and credits is o 3 15 a Total withholding (equals amount on Form 592-8 if calendar year LLC) b Low-income housing credit c Credits other than line 15b related to rental real estate activities d Credits related to other rental activities e Nonconsenting nonresident member% tax paid by LLC I Other credits • Attach required schedules or statements AL • In, Alternative Minimum Tax (AMT) Items 17 a Depreciation adjustment on property placed in service after 1986 b Adjusted gain or loss c Depletion (other than oil & gas) d Gross income from oil, gas, and geothermal properties e Deductions allocable to oil, gas, and geothermal properties I Other alternative minimum tax items 50. 2,822. • 2,872. • 686. lanteTTAINO litre:, 18 a Tax-exempt interest income b Other tax-exempt income c Nondeductible expenses . . . STMT 39,623. 18,585. 58,208. 13,898. 8 tr., 0 z 0 L, a 19 a Distributions of money (cash and marketable securities) b Distributions of property other than money 697,500. Q0 697,500. 1 ® S la 5£ Os c 20 a Investment income b Investment expenses e Other information. See instructions 4,950. 10,117. 15 067. STMT ■ 022 7903164 I Schedule K 1 (568) 2016 Side 3 2 EFTA00806301 2 629424 11-n.16 Members name PARTNERSHIP HOLDING CORP. C/O NEXT MA Members Identifying number 13-3501977 Other Member Information Table 1 Member's share of nonbusiness income from intangibles (source of income is dependent on residence or commercial domicile of the member): Interest $ Dividends $ Sec. 1231 Gainsiosses $ Royalties Capital Gains/Losses $ Other FOR USE 8Y MEMBERS ONLY • See instructions. Table 2 Member's share of distributive items. A. Members share of the LLC's business income. See instructions. $ B. Member's share of nonbusiness income from real and tangible personal property sourced or allocable to California. Capital Gains/Losses $ Sec. 1231 GainstLosses $ Rents/Royalties $ Other C. Member's distributive share of the LLC's property, payroll, and sales: Factors Total within and outside California Property: Beginning Property: Ending Property: Annual rent expense , , Payroll Sales Total within California ■ Side 4 Schedule K•1 (568)2016 022 7904164 EFTA00806302 NEXT MANAGEMENT LLC 13-3495607 CA SCHEDULE K-1 CHARITABLE CONTRIBUTIONS AMOUNT DESCRIPTION AMOUNT CA SOURCE CHARITABLE CONTRIBUTIONS - 50 PERCENT LIMIT 3,879. TOTAL TO SCHEDULE K-1, LINE 13A 3,879. CA SCHEDULE K-1 EXPENSE DEDUCTION FOR RECOVERY PROPERTY DESCRIPTION AMOUNT IRC SECTION 179 EXPENSE 7,750. TOTAL TO SCHEDULE K-1, LINE 12 7,750. CA SCHEDULE K-1 COLUMN C RECONCILIATION DESCRIPTION AMOUNT ORDINARY INCOME (LOSS) INTEREST INCOME SECTION 179 EXPENSE CHARITABLE CONTRIBUTIONS AMORTIZATION ON RETURN AND NOT ON BOOKS DEPRECIATION ON BOOKS AND NOT ON RETURN NONDEDUCTIBLE EXPENSES RENT EXPENSE SALARIES AND WAGES STATE / LOCAL DEFERRED INCOME TAX TWO TWELVE MANAGEMENT, LLC 775,137. 4,950. <20,002.> <3,879.> 62,327. <17,122.> <39,623.> <26,223.> 101,778. <4,030.> 18,687. TOTAL TO SCHEDULE K-1 ANALYSIS OF CAPITAL ACCOUNT, COLUMN C 852,000. CA SCHEDULE K-1 NONDEDUCTIBLE EXPENSES DESCRIPTION AMOUNT ASSESSMENTS 135. EXCLUDED MEALS AND ENTERTAINMENT EXPENSES 23,791. STATE INCOME/FRANCHISE TAXES 34,282. TOTAL TO SCHEDULE K-1, LINE 18C 58,208. PARTNER NUMBER 2 EFTA00806303 NEXT MANAGEMENT LLC 13-3495607 CA SCHEDULE K-1 AGGREGATE GROSS RECEIPTS FOR AMT EXCLUSION DESCRIPTION AMOUNT GROSS SALES LESS RETURNS INTEREST 6,830,554. 15,067. TOTAL 6,845,621. PARTNER NUMBER 2 EFTA00806304 3 TAXABLE YEAR Member's Share of Income, 2016 Deductions, Credits, etc. 629421 11.23.16 CALIFORNIA SCHEDULE K-1 (568) TYB 01-01-2016 TYE 12-31-2016 13-3682060 THE WILCOR GROUP 15 WATTS STREET INC C/O NEXT MANAGEMENT LLC NEW YORK NY 10013 13-3495607 200506910067 NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK NY 10013 A What type of entity is this member?* (1) 0 Individual (4) 0 C Corporation (7) 0 LLP (10) 0 Exempt Organization (2) MI S Corporation (6) 0 General Partnership (8) 0 LLC (11) 0 Disregarded Entity (3) 0 Estate/Trust (6) 0 Limited Partnership (9) 0 IRA/Keogh/SEP B Is this member a foreign member? • El Yes M No C Enter members percentage (without regard to special allocations) of: Profit sharing Loss sharing Ownership of capital (I) Before decrease or termination 27.0000 27.0000 27.0000 (II) End of year 27.0000 27.0000 27.0000 13 Members share of liabilities: Nonrecourse • S Qualified nonrecourse financing • S Other • S E Reportable transaction or tax shelter registration number(s) F (1) Check here if this is a publicly traded partnership as defined in IRC Section 469(0(2) 258,615 4,849,188 00 00 00 (2) Check here if this is an investment partnership (R&TC Sections 17955 and 23040.1) G Check here if this is: • (1) l= A final Schedule K•1 (568) (2) 0 An amended Schedule K•1 (568) H Is this member a resident of California? • El Yes II, M No ® Li 0 0 For Privacy Notice, get FIB 1131 ENG/SP. M( 21 2 7901164 I Schedule KA (568) 2016 Side 1 3 EFTA00806305 3 629477 11-23.16 Members name WILCOR GROUP INC. C/O NEXT MANAGE Member's identifying number 13-3682060 I Analysis of members capital account: Check the box • (1) LxJ Tax Basis (2) Li GAAP (3) Section 704(b) Book (4) Other (explain) ( a) CapaiiamoumiddrOmingamm Capital dentributad during you la) mentor's inn of lino 3.11noo 4. and lino T. Form 568. Schodulo M.2 WMckaroatail•WWWm (e Capital account at ondoryear. 40102146 damn Oa through column (dl • 316,326. • • 742,064.0( 607,500.) • 450,890. caution: Hater to member s instructions ror Jcnearle Is-i iota, oetore entemg imormation worn tnis scneatne on your uarromia return. (a Distributive share items (b) Amounts from federal Schedule K.1 (1065) (c) California adjustments (d) Total amounts using California law. Combine col. (b) and col. (c) where applicable (e) California source amounts and credits Income (Loss) 1 Ordinary income (loss) from trade or business activities 2 Net income (loss) from rental real estate activities 3 Net income (loss) from other rental activities 4 Guaranteed payments to members 5 Interest income 6 Dividends 7 Royalties 8 Net short-term capital gain (loss) 9 Net long-term capital gain (loss) 10 a Total gain under IRC Section 1231 (other than due to casualty or theft) b Total loss under IRC Section 1231 (other than due to casualty or theft) 11 a Other portfolio income (loss). Attach schedule b Total other income c Total other loss 675,119. -7,886. • 667,233. 1. 159,309. • leo 0 0 • leo 4,311. 8,813. • 13,124. 1. • ll• • ll• • ll• • ll• • ll• • ll• • ll• • ll• • ll• i e 0 . 12 Expense deduction for recovery prop. (IRC Section 179) STMT 13 a Charitable contributions STMT b Investment interest expense 1 Total expenditures to which an IRC Section 59(e) election may apply 2 Type of expenditures 17,421. -10,671. 6,750. 1,612. 3,378. 3,378. d Deductions related to portfolio income e Other deductions ■ Side 2 Schedule K 1 (568) 2016 022 7902164 I ■ EFTA00806306 3 62947311.23-16 Members name WILCOR GROUP INC. C/O NEXT MANAGE Member's identifying number 13-3682060 (a) Distributive share items b) Amounts from federal Schedule K.1 (1065) rO California adjustments (0 Total amounts using California law. Combine col. (b) and col. (c) le) California source amounts and credits is o 3 15 a Total withholding (equals amount on Form 592-8 if calendar year LLC) b Low-income housing credit c Credits other than line 15b related to rental real estate activities d Credits related to other rental activities e Nonconsenting nonresident member% tax paid by LLC f Other credits • Attach required schedules or statements AL • lb, Alternative Minimum Tax (AMT) Items 17 a Depreciation adjustment on property placed in service after 1986 b Adjusted gain or loss c Depletion (other than oil & gas) d Gross income from oil, gas, and geothermal properties e Deductions allocable to oil, gas, and geothermal properties I Other alternative minimum tax items 43. 2,458. L 2,501. 0 597. lanteTTAINO litre:, 18 a Tax-exempt interest income b Other tax-exempt income c Nondeductible expenses . . . STMT 34,511. 16,186. 50,697. 12,104. 8 tr., 0 z P L, a 19 a Distributions of money (cash and marketable securities) b Distributions of property other than money 607,500. (t) 607,500. 1 ® S la 5E O s c 20 a Investment income b Investment expenses e Other information. See instructions 4,311. 8,813. 13,124. STMT ■ 022 7903164 I schedule K 1 (568) 2016 Side 3 3 EFTA00806307 3 629424 11-23 16 Members name WILCOR GROUP INC. C/O NEXT MANAGE Member's Identifying number 13-3682060 Other Member Information Table 1 Member's share of nonbusiness income from intangibles (source of income is dependent on residence or commercial domicile of the member): Interest $ Dividends $ Sec. 1231 Gainsiosses $ Royalties Capital Gains/Losses $ Other FOR USE 8Y MEMBERS ONLY • See instructions. Table 2 Member's share of distributive items. A. Members share of the LLC's business income. See instructions. $ B. Member's share of nonbusiness income from real and tangible personal property sourced or allocable to California. Capital Gains/Losses $ Sec. 1231 GainstLosses $ Rents/Royalties $ Other C. Member's distributive share of the LLC's property, payroll, and sales: Factors Total within and outside California Property: Beginning Property: Ending Property: Annual rent expense , , Payroll Sales Total within California ■ Side 4 Schedule K•1 (568)2016 022 7904164 EFTA00806308 NEXT MANAGEMENT LLC 13-3495607 CA SCHEDULE K-1 CHARITABLE CONTRIBUTIONS AMOUNT DESCRIPTION AMOUNT CA SOURCE CHARITABLE CONTRIBUTIONS - 50 PERCENT LIMIT 3,378. TOTAL TO SCHEDULE K-1, LINE 13A 3,378. CA SCHEDULE K-1 EXPENSE DEDUCTION FOR RECOVERY PROPERTY DESCRIPTION AMOUNT IRC SECTION 179 EXPENSE 6,750. TOTAL TO SCHEDULE K-1, LINE 12 6,750. CA SCHEDULE K-1 COLUMN C RECONCILIATION DESCRIPTION AMOUNT ORDINARY INCOME (LOSS) INTEREST INCOME SECTION 179 EXPENSE CHARITABLE CONTRIBUTIONS AMORTIZATION ON RETURN AND NOT ON BOOKS DEPRECIATION ON BOOKS AND NOT ON RETURN NONDEDUCTIBLE EXPENSES RENT EXPENSE SALARIES AND WAGES STATE / LOCAL DEFERRED INCOME TAX TWO TWELVE MANAGEMENT, LLC 675,119. 4,311. <17,421.> <3,378.> 54,284. <14,912.> <34,511.> <22,840.> 88,646. <3,510.> 16,276. TOTAL TO SCHEDULE K-1 ANALYSIS OF CAPITAL ACCOUNT, COLUMN C 742,064. CA SCHEDULE K-1 NONDEDUCTIBLE EXPENSES DESCRIPTION AMOUNT ASSESSMENTS 117. EXCLUDED MEALS AND ENTERTAINMENT EXPENSES 20,722. STATE INCOME/FRANCHISE TAXES 29,858. TOTAL TO SCHEDULE K-1, LINE 18C 50,697. PARTNER NUMBER 3 EFTA00806309 NEXT MANAGEMENT LLC 13-3495607 CA SCHEDULE K-1 AGGREGATE GROSS RECEIPTS FOR AMT EXCLUSION DESCRIPTION AMOUNT GROSS SALES LESS RETURNS INTEREST 5,949,187. 13,124. TOTAL 5,962,311. PARTNER NUMBER 3 EFTA00806310 2016 TAX RETURN FILING INSTRUCTIONS FLORIDA FORM F-1065 FOR THE YEAR ENDING DECEMBER 31, 2016 Prepared for NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 To be signed and dated by A MEMBER OF THE LLC Amount of tax Total tax S 0.00 Less: payments and credits S 0.00 Plus: other amount S 0.00 Plus: interest and penalties S 0.00 NO PMT REQUIRED s Overpayment Credited to your estimated tax $ 0.00 Other amount $ 0.00 Refunded to you $ 0.00 Mail tax return and check (if applicable) to FLORIDA DEPARTMENT OF REVENUE 5050 W. TENNESSEE STREET TALLAHASSEE, FL 32399-0135 Forms to be distributed to partners ENCLOSED ARE COPIES OF SCHEDULE K-1 PARTNERS. TO BE DISTRIBUTED TO THE Return must be mailed on or before OCTOBER 2, 2017 Special Instructions 610142 04.01.16 EFTA00806311 Florida Tentative Income / Franchise Tax Return 1019 and Application for Extension of Time to File Return F-7004 Information for Filing Florida Form F-7004 When to file -File this application on or before the original due date of the taxpayer's corporate income tax or partnership return. Do not file before the end of the tax year. To file online go to Penalties for failure to pay tax - If you are required to pay tax with this application, failure to pay will void any extension of tine and subject the taxpayer to penalties and interest for failure to file a timely retum(s) and pay all taxes due. There is also a penalty for a late-filed return when no tax is due. Signature -A person authorized by the taxpayer must sign Florida Form F-7004. They must be (a) an officer or partner of the taxpayer, (b) a person currently enrolled to practice before the Internal Revenue Service (IRS), or (c) an attorney or Certified Public Accountant qualified to practice before the IRS under Public Law 89-332. The Florida Form F-7004 must be filed -To receive an extension of time to file your Florida return, Florida Form F-7004 must be timely filed, even if you have already filed a federal extension request. A federal extension by itself does not extend the time to file a Florida return. An extension for Florida tax purposes may be granted, even though no federal extension was wanted. See Rule 12C-1.0222, FAC., for information on the requirements that must be met for your request for an extension of time to be valid. R. 01/17 Rule 120.1.051 Fierkla Actolnestrallv9 Code Effoctive 01/15 A. If applicable, state the reason you need the extension: F-7004 R. 01/17 B. Type of federal return filed: PARTNERSHIP ( 1065 ) Contact person for questions: Telephone number: Milffir Extension of Time Request Florida Income/Franchise Tax Due 1. Tentative amount of Florida tax for the taxable year 1. 2. LESS: Estimated tax payments for the taxable year 2. 3. Balance due - You must pay 100% of the tax tent- Lively determined due with this extension request 3. Transfer the amount on Line 3 to Tentative tax due . Make chedts payable and mail to: FLORIDA DEPARTMENT CF REVENUE, 5050 W TENNESSEE STREET. TALLAHASSEE FL 32399-0135 644961 Florida Tentative income / Franchise Tax Return 1019 10.06-16 and Application for Extension of Time to File Return F-7004 FEIN 13-3495607 R. 01/15 Name NEXT MANAGEMENT LLC Taxable Year End 12/31/16 Address 15 WATTS STREET, 6TH FLOOR FILING STATUS Partnership X Corporation City/State/ZIP NEW YORK Under penalties of perjury, I declare that I have been authorized by the above and belief the statements herein are true and correct Sign Here: named NY 10013 Tentative Tax taxpayer to make this application, that to Date: Due the best All other federal returns to be filed $ 0 Mil of my knowledge 133495607 0 0 0 2 0 0 0 20161231 0 0 0 0 0 0 0 009 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8733 0 20161231 0002005030 9 3133'495607 0000 7 EFTA00806312 Florida Partnership Information Return For the taxable year beginning JAN 1 2 0 1 6 and ending DEC 3 1 . 2 0 1 6 1019 F-1065 R. 01/16 Rule 12C-1.051 Florida Administrative Code Effective 01/16 NEXT MANAGEMENT LLC Name of Partnership 15 WATTS STREET, 6TH FLOOR Street Address NEW YORK City - DI CI CI © Federal Employer Identification Number (FEIN) El El DI M CI CI Principal Business Activity Code NY 10013 State ZIP Part I. Florida Adjustment to Partnership Income A. Additions to federal income: 1. Federal tax-exempt interest Total interest excluded from federal ordinary income Less associated expenses not deductible in computing federal ordinary income I ) Net Interest 2. Stale income taxes deducted in computing federal Of *nary InCanse STATEMENT 1 110,586.00 3. Other additions Total A. 110,586.00 8. Subtractions from federal income B. 15,399.00 C. Subtotal (Line A less Line B) C. 95,187.00 D. Net adjustment from other partnerships or joint ventures D. E. Partnership income adjustment 1. Increase (total of Lines C and D) El. 95,187.00 2. Decrease (total of Lines C and D) 2.( ) Part II. Distribution of Partnership Income Adjustment Partners name and address (Include FEIN) Note: If there is no adjustment on Line E. show partner's percentage of profits in Column (b) and leave Columns (a) and (c) blank. (a) Amount shown on Line E. Part I. above (b) Partner's percentage of profits (c) Ccr n:ra?str=2 )= Enter here and dine lorlda Pam F-1120. Schedule I. Line 19 St tbacreasse. Schedule II, Line In A 13-3508513 CLAXON INC C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 95,187.00 42.0000000 39,978.00 8. 13-3501977 PARTNERSHIP HOLDING CORP. C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 95,187.00 31.0000000 29,509.00 C. 13-3682060 THE WILCOR GROUP INC. C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 95,187.00 27.0000000 25,700.00 Under paelte0 c, perjury. I &cave Mal I have examined this rettem, including accompanyeng schedules and statements, and to the best of my knowledgeand ballet. It is true. correct. and complete. Decimation of peepers. (other Man taxpayer)* based on all Information of which prepares has any knowledge Sign Here Sigatureolgomwormember pausiboaricnomisiglakiro Data Paid Preparer Only kyohomeo Signalwe GARY W. PRESS Dam 0 9 / 1 2 / 1 7 chock 9 sew NRWOPIRWIDWOIMWTTM P 0 0192851 wnotrwed Hm $ WWW you. OsellAIMIWA andaddem h, SACKS PRESS & LACHER PC FEIN lie 1 3 - 3 0 5 0 3 1 3 r NEW YORK, NY n' Ph 10016-1901 Mail To: Florida Department of Revenue, 5050 W. Tennessee St., Tallahassee FL 32399-0135 644261 01-20. T 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806313 III III III III I III I 11111 I III I III III II NOTE: Please read instructions (Florida Form F-1065N) before completing the schedules below. 1019 F-1065 R.01/16 Page 2 Part III. Apportionment Information IIla For use by partnerships doing business both within without Florida (a) Within Florida (b) Total Everywhere and t Average value of ',welly per Schedule uc (Line ti) 1,570,178.00 12,400,790.00 2. Salaries, wages, commissions, and other compensation paid or accrued in connection with Wade or business for the period covered by this mtum 976,440.00 12,234,940.00 1 Sales 1,891,925.00 21,743,272.00 Ill-B. For use by partnerships providing transportation within and without Florida (a) Within Florida (bObtal Everywhere services t Transportation services revenue miles (see instructions) III-C. For use in computing average value of property Within Florida Total Everywhere a. Beginning of Year b. End of Year c. Beginning of Year d. End of Year t Inventories of raw material, work in process, inithedi goods 2. Buildings and other depreciable asseth (ea odOIW co,s0 655,970.00 327,985.00 3,460,620.00 1,718,113.00 3. Land owned (at original cost) 4. Other tangible assets (at original cost) and intangible assets (financial organizations only). Attach schedule. 146,432.00 146,432.00 2,485,837.00 2,564,433.00 S. Total (Lhes 1 through 4 802,402.00 474,417.00 5,946,457.00 4,282,546.00 6 Along. valor of popery in Maatta 0YMb Florida). odd One 5. Column); Nand (o)and &Ada by 2. For average yak* of mealy rroanotturte (Total Eyarmelweg add MP 5. GoltraoS (c)and (di and MAO. by 2. 638,410.00 5,114,502.00 7. Rented property . (8 times net annual rent) 931,768.00 7,286,288.00 8. Total (Lines 6 and 7). Enter on Part Illa, Linen, Columns (a) and (b) 1,570,178.00 12,400,790.00 Average Florida Average Everywhere Part IV. Apportionment of Partners Share SEE SCHEDULES K-1 ATTACHED Partner (Name and Address) Percent of Interest In Partner• ship Property Data Payroll Data Sales Data Within Florida Everywhere Within Florida Everywhere Within Florida Everywhere A. 8. C. NOTE: Transfer data to Schedule III-A, Florida Form F-1120 644271 02-05.1T 3 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806314 NEXT MANAGEMENT LLC 13-3495607 FL F-1065 SUBTRACTIONS FROM FEDERAL INCOME STATEMENT 1 DESCRIPTION AMOUNT ALLOWABLE BONUS DEPRECIATION FROM 2015 15,399.00 TOTAL TO FORM F-1065, PART I, LINE B 15,399.00 STATEMENT(S) 1 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806315 FLORIDA SCHEDULE K-1 EQUIVALENT FORM F-1065 Partner's Florida Information For Calendar Year 2016 or Fiscal Year Beginning . 2016; and Ending 2016 Partners Name. Address a d ZIP Code CLAXON INC C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 Partner Number Partner's Identifying Number 13-3508513 Amended Schedule K-1 C Final Schedule K-1 EJ Partnership's Name. Address and ZIP Code NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Partnership's Identifying Number 13-3495607 Partner's Percentage of: PrOtandLoss 42.0000000% Florida Adjustment to Partnership Income Total interest excluded from federal ordinary income Less associated expenses Net interest State income taxes deducted from federal ordinary income 46,446.00 Other additions Total other additions Total Additions to Federal Income 46,446.00 Other subtractions ALLOWABLE BONUS DEPRECIATION FROM 2015 6,468.00 Total Subtractions 6,468.00 Total Subtractions from Federal Income Net adjustment from other partnerships or ventures Partnership Income Adjustment Partners share of Apportionment Information 1. Average properly value per Schedule III-C 2. Salaries, wages, commissions and compensation a Sales 4. Transportation services revenue miles 6,468.00 39,978.00 Within Florida Total verwhere 659,475.00 5,208,332.00 410,105.00 5,138,675.00 794,609.00 9,132,174.00 644201 04-01-16 14370912 758404 PNEXT100 5 2016.05050 NEXT MANAGEMENT LLC PNEXT1 0 4 EFTA00806316 FLORIDA SCHEDULE K-1 EQUIVALENT FORM F-1065 Partner's Florida Information For Calendar Year 2016 or Fiscal Year Beginning . 2016; and Ending 2016 PartnersName.AddmssadZIPCoth PARTNERSHIP HOLDING CORP. C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 Partner Number Partners Identifying Number 13-3501977 Amended Schedule K-1 C Final Schedule K-1 EJ Partnership's Name. Address and ZIP Code NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Partnership's Identifying Number 13-3495607 Partners Percentage of: Profit and Loss 31.0000000% Florida Adjustment to Partnership Income Total interest excluded from federal ordinary income Less associated expenses Net interest State income taxes deducted from federal ordinary income 34,282.00 Other additions Total other additions Total Additions to Federal Income 34,282.00 Other subtractions ALLOWABLE BONUS DEPRECIATION FROM 2015 4,773.00 Total Subtractions 4,773.00 Total Subtractions from Federal Income 4,773.00 Net adjustment from other partnerships or ventures Partnership Income Adjustment Partners share of Apportionment Information 1. Average property value per Schedule III-C 2. Salaries, wages, commissions and compensation a Sales 4. Transportation services revenue miles 29,509.00 Within Florida Total verMere 486,755.00 3,844,245.00 [_ 302,696.00 3,792,831.00 586,496.00 6,740,415.00 644201 04-01-16 6 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806317 FLORIDA Partner's Florida Information SCHEDULE K-1 EQUIVALENT For Calendar Year 2016 or Fiscal Year 2016 FORM F-1065 Beginning . 2016; and Ending Partners Name. Address a d ZIP Code THE WILCOR GROUP INC. C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 Partner Number Partners Identifying Number 13-3682060 Amended Schedule K-1 C Final Schedule K-1 EJ Partnership's Name. Address and ZIP Code NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Partnership's Identifying Number 13-3495607 Partners Percentage of: ProtitandLoss 27.0000000% Florida Adjustment to Partnership Income Total interest excluded from federal ordinary income Less associated expenses Net interest State income taxes deducted from federal ordinary income 29,858.00 Other additions Total other additions Total Additions to Federal Income 29,858.00 Other subtractions ALLOWABLE BONUS DEPRECIATION FROM 2015 4,158.00 Total Subtractions 4,158.00 Total Subtractions from Federal Income 4,158.00 Net adjustment from other partnerships or ventures Partnership Income Adjustment Partners share of Apportionment Information 1. Average properly value per Schedule III-C 2. Salaries, wages, commissions and compensation a Sales 4. Transportation services revenue miles 25,700.00 Within Florida Total verwhere 423,948.00 3,348,213.00 [_ 263,639.00 3,303,434.00 510,820.00 5,870,683.00 644201 04-01-16 7 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806318 2016 TAX RETURN FILING INSTRUCTIONS NEW YORK FORM IT-204 FOR THE YEAR ENDING DECEMBER 31, 2016 Prepared for NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 To be signed and dated by A MEMBER OF THE LLC Amount of tax Total tax S 0.00 Less: payments and credits S 0.00 Plus: other amount S 0.00 Plus: interest and penalties S 0.00 NO PMT REQUIRED Overpayment Credited to your estimated tax $ 0.00 Other amount $ 0.00 Refunded to you $ 0.00 Mailtaxreum and check (if mvilicablOto THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED TO THE NYSDTF, PLEASE SIGN, DATE AND RETURN FORM TR-579-PT TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE NYSDTF. Forms to be distributed to partners ENCLOSED ARE COPIES OF SCHEDULE K-1 TO BE DISTRIBUTED TO THE MEMBERS. Return must be mailed on or before RETURN FORM TR-579-PT TO US BY SEPTEMBER 15, 2017. Special Instructions DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE NYSDTF. 610142 04.01.16 EFTA00806319 ero NEW YORK 2016 - Department of Taxation and Finance New York State E-File Signature Authorization for Tax Year 2016 for Forms IT-204 and IT-204-LL Electronic return originator (ERO): Do not mail this form to the Tax Department. Keep it for your records. Partnership name: NEXT MANAGEMENT LLC Return type (mark an X to Indicate which form you are Oiling): X IT•204 Purpose Form TR•579.PT must be completed to authorize an ERO to efile Form 11%204, Partnership Return, or Form I120441, Partnership, Limited Liability Company, and Limited Liability Partnership Filing Fee Payment Form. For the purposes of this form, all three forms of business entities will be referred to hereinafter as a partnership. General Instructions Part A must be completed by an authorized member or general partner before the ERO transmits the electronically filed Form IT•204 or I120411. EROs must complete Part B prior to transmitting an electronically filed Form IT•204 or IT•204•LL I1204•LL 686.375 11.04-16 Both the paid preparer and the ERO are required to sign Part B. However, if an individual performs as both the paid preparer and the ERO. he or she is only required to sign as the paid preparer. It is not necessary to include the ERO signature in this case. Note that an alternative signature can be used as described in Publication 58, information for income Tax Return Preparers Go to our website at www.tax.ny.gov to view this document. Do not mall Form TR-579-PT to the Tax Department. EROs must keep this form for three years and present it to the Tax Department upon request. This form is not required for electronically filed Form IT-370-PF, Application for Automatic Extension of Time to File for Partnerships and Fiduciaries. Financial institution information for Form IT-204-LL filers(musr be Present d electronic Payment is authaffred) 1 Amount owed on return 1. 2 Financial institution routing number 2. 3 Financial institution account number 3. 4 Account type: D Personal checking D Personal savings D Business checking Business savings Part A - Declaration of authorized member or general partner and authorizations for Form IT-204 or IT-204-LL Under penalty of perjury, I declare that I have examined the information on this 2016 New York State electronic partnership return, including any accompanying schedules, attachments, and statements, and certify that this electronic return is true, correct, and complete. The ERO has my consent to send this 2016 New York State electronic partnership return to New York State through the Internal Revenue Service (IRS). I understand that by executing this Form TR•579PT, I am authorizing the ERO to sign and fie this return on behalf of the partnership and agree that the ERO's submission of the partnership's return to the IRS, together with this authorization, will serve as the electronic signature for the return and any authorized payment transaction. If I am paying my New York State partnership fees due by electronic funds withdrawal, I certify that the account holder has authorized the New York State Tax Department and its designated fnancial agents to initiate an electronic funds withdrawal from the financial institution account indicated on this 2016 electronic return, and authorized the financial institution to withdraw the amount from that account. As New York does not support International ACH Transactions (IAT), I attest the source for these funds is within the United States. I understand and agree that I may revoke this authorization for payment only by contacting the Tax Department no later than five (5) business days prior to the payment date. Signature of authorized member or general partner. Print your name and title:FAITH KATES Date: PRESIDENT OF MEMBER MGR Part B - Declaration of ERO and paid preparer Under penalty of perjury, I declare that the information contained in this 2016 New York State electronic partnership return is the information furnished to me by the partnership. If the partnership furnished me a completed paper 2016 New York State partnership return signed by a paid preparer, I declare that the information contained in the partnership's 2016 New York State electronic partnership tax return is identical to that contained in the paper return. If I am the paid preparer. under penalty of perjury I declare that I have examined this 2016 New York State electronic partnership tax return. and. to the best of my knowledge and belief, the return is true, correct, and complete. I have based this declaration on all information available to me. ERO's signature: Print name: Paid preparers signature: Print name: GARY W. PRESS Date: 09-12-17 Date: 0 9 - 1 2 - 17 TR-579-PT (12/16) 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC 1019 PNEXT104 EFTA00806320 ri NEW YORK , STATE 2016NA---- Department of Taxation and Finance Application for Automatic Extension of Time to File for Partnerships and Fiduciaries (with instructions) 656551 '0.3116 IT-370-P F Instructions New for 2016 Partnerships -The filing deadline for partnership returns is moving from the fifteenth day of the fourth month to the fifteenth day of the third month following the close of the partnership year (now March 15 for calendar-year filers instead of April 15). Form IT-370-PF now automatically extends the due date for partnerships filing Form IT-204, Partnership Return, for six months instead of live. Since large electing partnerships are already allowed an auto- matic six-month extension, they no longer need to enter a special condition code when filing Form IT-370-PF. Estates and trusts -While the tiling deadline has not change) torn the Mena day of the bath month (April 15 for colander-yaw Mar* Fain IT-370.PF now automatically wands Ma duo date to fling Fan IT-205. Fiduciary Income Tax Return, tor five and one-half months instead orlon.. General information Purpose - File Form IT-370-PF on or before the due date of the return to get an automatic extension of time to file Form IT-204 or IT-205. Note: We no longer accept a copy of the federal extension form in place of Form IT-370-PF. If you have to file Form Y-206, Yonkers Nonresident Fkluckvy Earnings Tax Return, the time to file is automatically extended when you file Form IT-370-PF. For more information on who is required to file Farm Y-206, see the instructions for the form. You may Ma Fain IT-204 a Fare IT-205 any time tette the extension paled ends. An ettooltIon of emit to file Fenn IT-204 a IT-205 not extend the time for tiling New Yoe State income tax returns of patters 01 h pannorsh* a the bentrtlawies Ot an estate Cr Mist. When to file Fie a completed RinnIT-370-PF on the tang deadlne fa tie return tationsico applicatensIllad after the fling Macaw for the ream we Mira* *weeny. the tiling deadline • Partnerships - the fifteenth day of the third month following the close of your tax year (for calendar-year filers, March 15, 2017) • Estates and trusts -the fifteenth day of the fourth month following the close of your tax year (for calendar-year filers, April 18, 2017). However, you may file Form IT-370-PF on or before June 15, 2017, if you are a nonresident alien estate or trust and you qualify to file your federal and New York State income tax returns on June 15,2017. See Special condition codes on page 2. How to file . Garcia. a separate Form IT•3TO-PF for each partrowthip (including lintel liability companan(1164). limited lability irroalment 00mPanroia 3116.1. and limited liability trust companan (LLTCs) treated as parifesehip* each 'rated liability part unship and each estate a trust for which you we fallosting an extension of Ilma to 11th. Fan 11.205 fliers • Fam IT-3TO-FP mina be tiled with payment tor any tax owed on a before the duo data 01 the return (see the worksheet instructions on page 2) Penalties Estates and trusts late payment penalty- If an estate or trust does not pay the income tax liability when due (determined with regard to any valid extension of time to pay), it will have to pay a penalty of 1/2 of 1% of the unpaid amount for each month a part of a month it is not paid, up to a maximum of 25%. The penalty will not be charged if reasonable cause for paying late can be shown. This penalty is in addition to the interest charged for late payments. Reasonable cause will be presumed with respect to the addition to tax for late payment of income tax if the requirement relating to extensions of time to file have been complied with, the balance due shown on the income tax return, reduced by any sales or use tax that is owed, is no greater than 10% of the total New York State, New York City, and Yonkers tax shown on the income lax retum, and the balance due shown on the income tax return is paid with the return. Estates and trusts late filing penalty- if you do not file Form IT-205 when due (determined with regard to any extension of time to file), or if you do not file Form IT-370-PF on time and obtain an extension of time to file, you will have to pay a penalty of 5% of the income tax due for each month, or part of a month, the return is late up to a maximum of 25%. Hoe... It the hewn Is not filed WSW 60 days of the time Prinaltiod for Ming a return (Including exam:Pon* this penalty will not be less than the lesser of 3100 or 100% of the amount reciulart to to shown as Mane Mat ate on the rave reduced by any income tax pad aid by any credit that may be calmed. the penally will not be charged it reasonable caul* for tiling late IS Shwa. Partnerships -A partnership that is required tone Sown IT-204 and: (fifer to tile that return on time. Including any exionsion a time. Of (2) tiles o return that IS incomplete and tails to show the efonnation rested under When 659(0), al hate to Pay a penalty. nsa penally will be insPOSOJ fa each month a part a a month. up to a Maximum 015 months. the the *aura continuos The mount of the penalty for each month will be calculated by multiplying MD by the total number or partners in the fianriertiblP Outing any pan or the pertnershiP5 tax yew who were also subject to New York personal income tax during any pan of the tax par the penalty wfl not be cheroot, ire/namable came for tiling late is shown. Interest- miaow will be charged on any income tax a eel* Cr use tax that is not paid on a NSWe the cafe dole 01 your return, oven fi you ie.:awed an extension ot time to file your tenon. Mimi 'sachem. for the use ol money and In most cases may not be waived. Interest is compounded daily and the rate Is adpsted Otaleily. V Detaeh (cut) here • Do not submit with your return. 2016 Department of Taxation and Finance NEW YORK Application for Automatic Extension of STATE Time to File for Partnerships and Fiduciaries Mark an X n one box for the form you will be fang: Ron tr.20.4 Form IT-205 IT-370-P F Paid Partnership, estate a trust ID number flab 133495607 Data 'Waal year beano 01012016 Dam lisou der end. 12312016 Name of pailnershIp. atate, a trust NEXT MANAGEMENT LLC Namur and title ed *Watt Mailing address( u on am am or la0 hog of pednershp or tidle ay Apartment number 15 WATTS STREET, 6TH FLOOR tAy. village a post once moo metuctiona -Mato NEW YORK NY re coda 10013 E. matt. eparer9 Mark an X in the box and c ete Enter your 2-character special condition code if applicable (see nstructions) • Mark an X in the box for each tax that the estate a bust is subject to: New York Male tax K New York City lax LI Yonkers tax D Cent. 1 Sales and use tax 2 Total payment Dollars 00 00 3711161019 133495607 4 11111111111111 11111111111111 EFTA00806321 IT-370-PF (2016) (page 2) 663552 10-31-16 Instructions (continued) Fee for payments returned by banks - The law allows the Tax Department to charge a $50 fee when a check, money order, or electronic payment is returned by a bank for nonpayment. However, if an electronic payment is returned as a result of an error by the bank or the department, the department won't charge the fee. If your payment is returned, we will send a separate bill for $50 for each return or other tax document associated with the returned payment Privacy notification See our website or Publication 54, Privacy Notification. Specific Instructions Filling in your form - Please use black ink (and never use red ink) when making entries on this form. Name and address box - Partnerships must enter the employer identification number (EIN), name, and address of the partnership. Estates and trusts must enter the estate's or trust's EIN and the name of the estate or trust exactly as shown on federal Form SS-4. Also enter the address of the fiduciary or firm in the spaces provided. To ensure that any payment made with this extension is properly credited, this information must agree with the information on the return you are filing. Failure to provide an identification number may invalidate this extension. If the entity does not have an EIN but has applied for one, enter applied Mr. Foreign addresses - Enter the information in the following order: city, province or state, and then country (all in the City, village, or post office box). Follow the country's practice for entering the postal code. Do not abbreviate the county name. If the entity files on a fiscal year basis, enter the beginning and ending dates of the fiscal year in the appropriate boxes. Special condition codes- If you are a nonresident alien estate or trust and your filing due date is June 15, 2017, and you need an additional five and one-half months to file (November 30, 2017), enter special condition code Ea Also enter special condition code 64 on Form IT-205. Worksheet Instructions Form IT-205 filers only- Complete the following worksheet to determine it the estate or trust must make a payment with Form IT-370-PF. If you enter an amount on lines 1, 2, or 3 of this worksheet, mark an X in the appropriate box on page 1 of this form. Line 1- Enter the amount of your New York State income tax liability for 2016 that you expect to enter on Form IT-205, line 14. Line 2 - Enter the amount of your New York City income tax lability for 2016 that you expect to enter on Form IT-205, line 23. Line 3 - Enter the amount of your Yonkers income tax liability for 2016 that you expect to enter on Form IT-205, lines 25 through 27. V Detach _tout' here V Do not IT-370-PF (2016) (page 2) Payment options • An estate or trust must make full payment of any balance due with this automatic extension of time to file. Pay by check or money order made payable in U.S. funds to New York State Income Tax and write the estate's or trust's EIN and 2016 Income Tax on It. Paid preparers • Under the law, all paid preparers must sign and complete the paid preparer section of the form. Paid preparers may be subject to civil and/or criminal sanctions if they fail to complete this section in full. Line 4-Enter the amount of sales or use tax, if any, that you will be required to report when you file your 2016 return. See the instructions for your NYS fiduciary income tax return for information on how to compute your sales and use tax. Also enter this amount on line 1 on page 1 of this form. Line 6- Enter the amount of 2016 income tax already paid that you expect to enter on Form IT-205, line 37 (excluding the amount paid with Form IT-370-PF). Worksheet I New York Stale income tax lability Mr 2016 1. 2 New Yak City Income MX bebilityky 2016 3 Yorkers Income tax lability to 2016 4 Sales and Lora tax due tor 2016 (enter this amount nose and on one 1 on page 1) 4. 5 Total taxes (add lines 1 through • 6 Total 2016 income tax already paid 6. 7 Total payment {subtract line 6 ROM line Sand OM' S* amount here and on line 2 on 0029 IF II line 6 is them than one 5. enter 0 7. 2. 3. 5. Note: You may be subject to penalties if you underestimate the balance due. How to claim credit for payment made with this form Include the amount paid with Form IT-370-PF on Form IT-205, line 30. For more information, see the line instructions for Form IT-205. Where to file If you are enclosing a payment with this extension request, mail Form IT-370-PF with your payment to: EXTENSION REQUEST PO 80X 4125 BINGHAMTON NY 13902-4125 if not enclosing a payment with this extension request, mail Form IT-370-PF to: EXTENSION REQUEST - NH PO BOX 4126 BINGHAMTON NY 13902-4126 For information about private delivery services, see Publication 55, Designated Private Delivery Services. Need help? Visit our website at www.tatny.gov (for information, forms, and online services) Personal Income Tax Information Center. (518) 457-5181 To order forms and publications: (518) 457-5431 submit wIth_your return When completing this section, enter your New York tax preparer registration identification number (NYTPRIN) if you are required to have one. If you are not required to have a NYTPRIN, enter in the NYTPRIN excl. code box one of the specified 2-digit codes listed below that indicates why you are exempt from the registration requirement. You must enter a NYTPRIN or an exclusion code. Also, you must enter your federal preparer tax identification number (PTIN) if you have one; if not, you must enter your social security number. • Paid er MUM complete Dee InStructions) V Data: 0 9122 017 kkettoten SI9Paace Ille GARY W. PRESS Ile- Preparers NYTPRIN Firm's name Or rota + self-omfoois) SACKS PRESS & LACHER PC V Preperer's PIIN a SSN Addren 600 THIRD AVENUE NEW YORK NY 10016-1901 • Employer imntricabon number 133050313 P71 03 E-mall: Code Exemption type Code Exemption type 01 Attorney 02 Employee of attorney 03 CPA 04 Employee of CPA 05 PA (Public Accountant) 06 Employee of PA 07 Enrolled agent 08 Employee of enrolled agent 09 Volunteer lax preparer 10 trniXoyee of business preparing that business return See ou website for more information about the tax preparer registr lion requirements. 3712161019 3,33495607 4 111111 I II III 11111111 111111 III EFTA00806322 er NEW YORK STATE 2016 - See the instructions, Form IT-204-1 ...._ or tax year beginning ending Legal name NEXT MANAGEMENT LLC srilmoyeirwinceuennumbermeu 133495607 Trade name of business if different from legal name above NWS pthicapoi business activity MODEL AGENCY Address (number and street or rural route) 15 WATTS STREET, 6TH FLOOR City, village. or post office NEW YORK WX6basinpacodenterinfftwiNnN691' 812990 State NY ZIP code 10013 Country wmorlowitiorievix, MODELING AG 0601:661messW60 01041989 Section 1 - Partnership information v. ... .. 0, ... w 2016 lax rown Oa 10610 lu l Mark El 1) 2) an X in the box that applies taygur entity Regular partnership U Limited liability partnership (LLP) 0 Portfolio investment partnership (see instr.) Limited liability company (LLC • including limited liability investment company and a limited liability trust company) the partnership have any income, gain, loss, or deduction derived from NY sources during the tax year? B1 Yes enter the number of resident partners B2 Ill 0 Other No ri Did If No, C Mark applicable box(es) 0 Change of address 0 Initial return 0 Amended return El Final return (subrntt explanation) D 1) Is this return the result of federal audit changes? D1 Yes 1-1 No X If Yes: 2) Enter date of final federal determination D2 I E Did you If No, 3) Do you concede the federal audit changes? D3 Yes l file a NYS partnership return for 1) 2014? El Yes M No ri 2) 2015? E2 Yes X No No H state reason: F Number of partners 1) Article 22 Fl 2) Article 9•A F2 3 3) Other F3 4) Total F4 3 G Does the partnership currently have tax accounts with NYS for the Wowing taxes? 1) Sales and use tax Yes El No Of Yes, enter ID number) 01 133495607 2) Withholding tax Yes El No (if Yes, enter ID number) 02 133495607 H Did the partnership have an interest in real property located in NYS during the last three years? Yes X No I Has there been a transfer or acquisition of a controlling interest in this entity during the last three years? Yes No X J Did the partnership engage in a likekeid transaction under IRC 1031 during the tax year? Yes No X K Did the partnership sell property during the tax year that had a deferred gain from a previous IRC 1031 or IRC 1033 transaction? K Yes No X L Was there a distribution of property or a transfer of a partnership interest during the tax year? Yes No X M Did the partnership make an election under IRC 754? Yes No X N Is this partnership under audit by the IRS or has it been audited In a prior year? Yes No X O Is the partnership required to file Form DTF•686 or DTF.68&ATT for this filing period, to report a reportable transaction, New York reportable transaction, listed transaction or registered tax shelter? 0 Yes No El If Yes, complete and submit Form(s) DTF586, DTF•686•ATT, and any applicable federal forms. p Did the partnership make purchases subject to sales and compensating use tax for which NYS lax was not paid? (see Instr.) P Yes No 0 Did the partnership have a financial account located in a foreign country? (see instructions) 0 Yes El No Department of Taxation and Finance Partnership Return and +68501 01.25.1: IT-204 Third-party designee? Iwo Insti) Yes X No • mpowsswahmoGARY W. PRESS Firm's name (or yours, if self-employed) SACKS PRESS & LACHER PC Address sriproyerominoasointnine 600 THIRD AVENUE 133050313 Print designee's name GARY W. PRESS E•marl. Paid preparer must complete (see Instr.) • Date I hpfaPelN 7 Designee's phone number Preparer's PTIN or SSN NEI t 0016 -19 f: I NY 1 Vera% 03 Email: Pe.sonalidrotheaWn nulawit011120 • Sign here • Signature of general partner Date Daytime phone number Email HiIiiIIIIIIIIIIIIIIIIIIIIIIII Mail your return to: STATE PROCESSING CENTER, PO BOX 4149, BINGHAMTON NY 139O2-4149. EFTA00806323 Page 2 of 8 IT-204 (2016) 66&502 01.07.17 Section 2 - Federal ordinary business income (loss) Part 1 - Income from federal Form 1065 1 Gross receipts or sales 2 Returns and allowances 3 Subtract line 2 from line 1 4 Cost of goods sold 5 Gross profit (subtract line 4 from line 3) 6 Ordinary income (loss) from other partnerships, estates, and trusts (submit statemen0 STMT 2 7 Net farm profit (loss) (submit federal Form 1040, Schedule F) 8 Net gain (loss) from federal Form 4797, Part II lna 17 (submit federal Form 4797) 9 Other income (loss) (submit statement) SEE STATEMENT 3 10 Total income (loss) (combine lines 5 through 9) Part 2 - Deductions from federal Form 1065 11 Salaries and wages (other than to partners) (less employment credits) 12 Guaranteed payments to partners 13 Repairs and maintenance 14 Bad debts 15 Rent 16 Taxes and licenses 17 Interest 18 Depreciation (If required, submit federal Form 4562) 19 Depreciation reported on federal Form 1125A and elsewhere on return 20 Subtract line 19 from line 18 21 Depletion (do not deduct oil and gas depletion) 22 Retirement plans, etc 23 Employee benefit programs 24 Other deductions (submit statement) 25 Total deductions (add lines 11 through 17and lines 20 through 24) 26 Ordinary business income (loss) (subtract line 25 from line 10) 1 2 20803273 37a Was UFO inventory method adopted this tax year for any goods? (If Yes, submit federal Form 970.) 37b If the UFO inventory method was used for this tax year, enter the amount of closing inventory computed under LIFO 3 4 5 6 7 8 9 20803273 20803273 137818 -156411 10 20784680 11 12 13 14 15 16 17 12181179 416838 815645 772275 72 I at 44543 lel SEE STATEMENT 4 Section 3 - Cost of goods sold (from federal Form 1125-A, see instructions) 20 21 22 23 24 25 26 44543 111980 379739 3561967 18284238 2500442 27 Inventory at begnning of year 28 Purchases 29 Cost of labor 30 Additional IRC section 263A costs (submit statement) 31 Other costs (submit statement) 32 Total (add lines 27 through 31) 33 Inventory at end of year 34 Cost of goods sold (subtract tine 33 from fine 32) 35 Methods used for valuing closing inventory (mark an X in applicable boxes) Cost Lower of cost or market Other (specify method used and explain) 27 28 29 30 31 32 33 34 36 Was there a writedown of subnormal goods? Yes Ei No Yes No 38 Do the rules of IRC section 263A (for property produced or acquired for resale) apply to the partnership? Yes Ei No 39 Was there any change in determining quantities, cost, or valuations between opening and closing inventory? Yes No If Yes, explain 204002161019 VIII I IIII I III III III VIII I III II III EFTA00806324 6118r63 OF07.17 IT-204 (2016; Page 3 • Section 4 - Balance sheets per books (from federal Form 1065, Schedule Assets 40 Cash 41 Trade notes and accounts receivable 42 Less allowances for bad debts 43 Inventories 44 U.S. government obligations 45 Taxexempt securities 46 Other current assets (submit statement) STMT 5 47a Loans to partners (or persons related to partners) 47b Mortgage and real estate bans 48 Other investments (submit statement) STMT 6 49 Buildings and other depreciable assets 50 Less accumulated depreciation 51 Depletable assets 52 Less accumulated depletion 53 Land (net any amortization) 54 Intangible assets (amortizable only) 55 Less accumulated amortization 56 Other assets (submit statement) STMT 7 57 Total assets Beginning of tax year (a) (b) End of tax year (c) (d) 40 3532783 2895029 41 9290056 12760240 42 100000 9190056 100000 12660240 43 44 45 46 159432 235194 47a 47b 48 83446 224591 49 4123029 4187551 so 3396487 726542 3560781 626770 51 52 53 54 55 56 3068607 2555716 57 16760866 19197540 Liabilities and capital Beginnin g of tax year (a) (b) End of tax year (c) (d) 58 Accounts payable 58 12182330 14451871 69 Mortgages, notes, bonds payable in less than one year 59 60 Other current liabilities (submit statement) 60 STMT 8 1786832 1384748 81 All nonrecourse loans 61 62a Loans from partners (or persons related to partners) 62a 633 Mortgages, notes, bonds payable in one year or more 62b 63 Other liabilities (submit statement) STMT 9 63 1620133 1690964 64 Partners' capital accounts 64 1171571 1669957 65 Total liabilities and capital 65 16760866 19197540 11111 1iiiiii°113iiiii111111111 EFTA00806325 66,1504 01.07- 17 Page 4 of 8 11-204 (2016) Section 5 - Reconciliation of income (loss) per books with income (loss) per retum(From federal Form 1065. Schedule M-1; see instructions. If Schedule M-3 was filed, mark w0C in the box file Schedule M-3 and any related documents with Form IT-204; skip Section 5 and continue with Section 6.) 66 Net 67 Income 68 Guaranteed 69 Expenses 70 Add 71 Income 72 Deductions 73 Add 74 Income income (loss) per books included on return not recorded on books this year. from Schedule M•1. line 2 66 67 Identify: payments (other than health insurance) recorded on books this year not included on return. from Schedule M.1. line 4 ,,, ,, ,,, , 68 69 Identify: lines 66 through 69 recorded on books this year not included on return. from Schedule M-1. line 6 70 711 Identify: included on return not charged against book income this year. from Schedule M.1. line 7 72 I Identify: lines 71 and 72 (loss) (subtract fine 73 from fine 70) I 73I 74 Section 6 - Analysis of partners' capital accounts (from federal Form 1065. schedule M-2) 75 Balance 76 Capital 77 Capital 78 Net 79 Other 80 Add 81 Distributions 82 Distributions 83 Other 84 Add 85 Balance at beginning of year contributed • cash contributed • property income (loss) per books increases 75 1171571 76 77 78 2748386 79 Identify: lines 75 through 79 • cash • property decreases 80 3919957 81 2250000 82 88 Identify: lines 81. 82. and 83 at end of year (subtract line 84 from line 80) k_4 2250000 85 1669957 11111111°11 41iilii111111III EFTA00806326 WMM 01-07,47 IT-204 (2016) Page 5 of 8 Section 7 - Partners' share of income, deductions, etc. (from federal Form 1065. Schedule K) Partners' distributive share items 86 Ordinary business income (loss) 86 2500442 87 Net rental real estate income (loss) (submit federal Form 8825) 87 88a Other gross rental income (loss) 88. 88b Expenses from other rental activities 89 Other net rental income (loss) (subtract Moe 88b from line 88a) 89 90 Guaranteed payments 90 91 Interest income 91 15968 92 Ordinary dividends 92 93 Royalties 93 94 Net short-term capital gain (loss) (submit federal Schedule D) 94 95 Net long-term capital gain (loss) (submit federal Schedule D) 95 96 Net section 1231 gain (loss) (submit federal Form 4797) 96 97 Other Income (loss) (see instructions) 97 Identify: 96 Section 179 deduction (submit federal Form 4562) 98 64523 99 Other deductions (see instructions) 99 12512 identify: SEE STATEMENT 10 100 This line intentionally left blank 100 101 Net earnings (loss) from self-employment 101 102 Tax-exempt income and nondeductible expenses (see instructions/ 102 127818 103 Distributions • cash and marketable securities 103 2250000 104 Distributions • other property 104 105 Other Analysis items not included above that are required to be reported separately to partners (see Instr.) 105 15968 went* SEE STATEMENT 11 of net Income (loss) 106 Enter the amount from line 1 of the Analysis of Net Income (Loss) section on federal Fenn 1065 Analysis by type of partner 106 2439375 A Corporate B Individual (active) C Individual (passive) 0 Partnership E Exempt organization F Nominee/other General partners Limited partners 2439375 204005161019 III EFTA00806327 Page 6 of 8 17-204 (2016) 6685C6 01.07.17 Section 8 - New York modifications (see instructions) 107 This line intentionally left blank 108 Total addition modifications (from Form IT-225, line 9) 109 This line intentionally left blank 110 Total subtraction modifications (from Form IT-225. line 18) 111 Additions to federal itemized deductions Letter Amount 111a 111b 111e 111d 111e 1111 112 Total additions to federal itemized deductions (add lines lila through 1110 113 Subtractions from federal itemized deductions Letter Amount 113a 113b 113e 113d 113e 1131 114 Total subtractions from federal itemized deductions (add lines i 13a through 1131) 115 This line intentionally left blank 108 157273 110 4642 112 114 115 204006161019 EFTA00806328 61&07 0F07.17 IT-204 (2016) Page 7 of 8 Section 9 - Other information 116a New York source gross income (see instructions) 116b MCTD allocation percentage (see instructions) 116e Total receipts from the sale of goods by manufacturing 118d Adjusted basis of qualified manufacturing property 116a 116b 116e 116d 15790899 70.8033 % 117a Did the partnership sell assets subject to IRC 1060? 117b If the partnership filed a group return on behalf of any nonresident partners, enter the special NYS identification number 117c Is this partnership a partner in another partnership or LLC? Of Yes, list the names and EINs below; submit additional sheets if necessary.) Yes No 117b Yes E X Name of entity EIN TWO TWELVE MANAGEMENT, LLC 201354409 Section 10 - New York allocation schedule Part 1 - List all places, both in and outside of NYS. where the partnership carries on business (submit additional sheets if necessary) Street address City and state Description (see instructions) 15 WATTS STREET NEW YORK NY OFFICE 1688 MERIDIAN AVE MIAMI BEACH FL OFFICE 8447 WILSHIRE BLVD BEVERLY HILLS CA OFFICE 118 Do books and records reflect income earned in New York? (II Yes, do not complete Part 2.) Yes No Part 2 - Formula basis allocation of ncome if books and records do not reflect income earned in New York Items used as factors Property percentage (see inst.) 119 Real property owned 120 Real property rented from others 121 Tangible personal property owned 121a Tangible personal property rented from others 122 Property percentage (add lines 779 through 121a; see instruct.) 123 Payroll percentage (see instruct) 124 Gross income percentage {see Instr.) A • Totals • in and outside of NYS Dollars 119 0 120 7286288 121 721130 121a 0 122 8007418 123 12234940 124 21743272 8- New York State amounts Dollars 119 0 120 5123968 121 588100 121a 0 122 5712068 123 9011461 124 14659910 125 Total of percentages (total column C, lines 122, 123, and 724) 126 Business allocation percentage divide line 725 by three or by actual number of percentages if less than three) C . Percent col. B is of col. A 122 123 124 125 126 71.3347 cm 73.6535 % 67.4227 % 212.4109 % 70.8036 % Section 11 - Partners' credit information (see instructions) Has the partnership (or an entity of which the partnership is an owner) been convicted of Bribery Invoking Public Servants and Related Offenses, Corrupting the Government,or Defrauding the Government (NYS Penal Law Article 200 or 496, or section 195.20)7 Yes No El 204007161019 EFTA00806329 Page 8 of 8 IT-204 (2016) 6613508 01.13.17 Section 11 (continued) Part 1 - Flow-through credit bases and Information Brownfield redevelopment tax credit (Form IT-611, IT-611.1, and/or/T-611.2) 127 Site preparation credit component 127 128 Tangible property credit component 128 129 On-site groundwater remediation credit component 129 EZ capital tax credit (Form IT-602) 130 This line intentionally left blank 130 131 Recapture of credit for investments in certified EZ businesses 131 132 Recapture of credit for contributions of money to EZ community development protects 132 OEZE tax reduction credit (Form IT-604) 133 OEZE employment increase factor 133 134 OEZE zone allocation factor 134 135 OEZE benefit period factor 135 Excelsior jobs program tax credit (Form IT-607) 136 Excelsior jobs tax credit component 136 137 Excelsior investment tax credit component 137 138 Excelsior research and development tax credit component 138 139 Excelsior real property tax credit component 139 Farmers' school tax credit (Form IT-217) 140 Acres of qualified agricultural property 140 141 Acres of qualified conservation property 141 142 Eligible school district property taxes paid 142 143 Acres of qualified agricultural property converted to nonqualified use 143 Other flow-through credit bases and information Credit bases Code Amount Code Amount 144a 144d 144b 144e 144e 1441 Credit information Code Information Code Information 144g 144) 144h 144k 1441 1441 Part 2 Flow-through credits, addbacks and recaptures 145 Long.temi care insurance credit (Form IT-249) 145 146a Investment credit (including employment incentive credit and historic barn rehabilitation credit Form IT-212) 146a 146b Research and development • investment credit (Form IT-212) 146b 147 Other flow-through credits Code Amount Code Amount 147a 147e 147b 147f 147e 147g 147d 147h 148 Addbacks of credits and recaptures Code Amount Code Amount 148a 148d 148b 148e 148c 14W 204008161019 VIII IIIIIIII III III I VIII I VIII III Part 3 - START-UP NY tax elimination credit information (Form IT-638) 149 STARTUP NY business certificate number (Form DTF-74) 150 Year of STARTUP NY business tax benefit period 151 STARTUP NY area allocation factor 149 150 151 EFTA00806330 rNEW /- -jU rE 2016 -4-- Department of Taxation and Finance New York Corporate Partners' Schedule K Tax Law - Article 9-A For calendar year 2016 Or tax year beginning 01012016 and ending 12312016 688811 18, 13, 16 11-204 a 1 Partnership's name (as shown on Form IT-204) NEXT MANAGEMENT LLC E1N 133495607 Entire net income (ENI) information when the corporate partner's New York tax filing status is a C corporation ENI addition modifications 1 Total additions A - Number B - Amount A - Number B - Amount la EA- 505 110586 ld EA - lb EA - le EA - le EA - if EA - ENI subtraction modifications 2 Total subtractions A - Number B - Amount A - Number B - Amount 2a ES- 507 4642 2d ES - 2b ES - 2e ES - 2e ES - 2f ES - 1 1 110586 2 4642 Assets and liabilities (See instructions) 3 Total assets 4 Real property and marketable securities included on line 3 5 Real property and marketable securities at fair market value (RAV) 6 Average value of adjusted total assets 7 Total liabilities 8 Liabilities directly attributable to business capital 9 Liabilities directly attributable to investment capital 116001161019 III IIII III I II IIII II I VIII I III II III Average value 3 17979203 4 5 6 17979203 7 16558439 8 9 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806331 Page 2 of 7 IT-204.1 (2016) 698812 02.14-17 Items related to investment capital under Article 9-A Part 1 - Investment capital that generates income claimed not taxable by New York under the U.S. Constitution Description of asset (identify each asset, and enter number of shares (if applicable) and date acquired here; for each asset complete columns D through G on the corresponding lines below; enter only directly owned assets in items A through G) Item A • Description of asset B • Number of shares acquired, if appicable C • Date acquired A B C D E F Item 0 Number of shares sold. if applicable E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 10 Total columns F and G 110 Part 2 - Investment capital stocks actually held more than one year Description of investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) Item A • Name/CUSIP/CINSAot number B . umber of shares acquired C • Date acquired A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 11 Total columns F and G 11 0 109 III 11 11111110111211161111 1111 11111111 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806332 6116313 17-13.16 IT-204.1 (2016) Page 3 of 7 Part 3 - Investment capital - stocks presumed held more than one year Description of investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns F and G on the corresponding lines below; enter only directly owned investments in items A through G) Item A • Name/CUSIP/CINSAot number B • Number of shares acquired C • Date acquired A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 12 Total columns F and G 112 Part 4 - Total investment capital 13 Total average FMV and liabilities directly attributable (add lines 10. 11, and 12 in columns F and G) 13 Part 5 - Prior year Investment capital - stocks that did not meet holding period requirement (see instructions) Description of investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) Item A • Name/CUSIP/CINSAot number B • Number of shares acquired C • Date acquired A B C D E F Item 0 Number of shares solo E Date sold F Average FMV as previously reported G Liabilities directly attributable as previously reported H I 1 A B C D E F Total from additional sheet(s) and/or partnerships 14 Total columns F and G 114 Part 6 - Prior year gross investment income for stocks that did not meet holding period requirement 16 Prior year presumed gross investment income from stocks presumed in the prior year to be held more than one year that failed to meet the presumption 116003161019 15 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806333 Page 4 of 7 IT-204.1 (2016) lkiES14 I2• ,3 1fi Items related to investment and other exempt income under Article 9-A 16 Gross exempt cross.article dividends 16 17 Gross exempt controlled foreign corporation (CFC) income 17 18 Gross exempt unitary corporation dividends 18 19 Gross investment income from investments generating income not taxable by New York State under the U.S. Constitution 19 20 Dividend income from investment capital from stocks actually held more than one year 20 21 Net capital gains in excess of losses from investment capital from stocks actually held more than one year 21 0 22 Dividend income from investment capital from stocks presumed held more than one year 22 Items related to interest deductions directly attributable to investment and other exemp income under Article 9-A O 23 Total interest expense per federal Form 1065. line 15 23 72 24 Interest deductions directly attributable to income reported on line 16 24 25 Interest deductions directly attributable to income reported on line 17 26 Interest deductions directly attributable to income reported on line 18 25 ti 26 27 Interest deductions directly attributable to income reported on line 19 27 28 Interest deductions directly attributable to income reported on line 20 28 29 Interest deductions directly attributable to income reported on line 21 29 rn 30 Interest deductions directly attributable to income reported on line 22 30 31 Interest deductions directly attributable to business capital 31 Items related to subtraction modifications for qualified banks 32 Qualified residential loan portfolio assets 32 O 33 33 Gross interest income from qualifying loans 33a Gross interest income from all loans 33a 33b Gross interest expense from all loans 33b Z Items related to manufacturing 34 Total receipts from the sale of goods by manufacturing 34 0 34a Receipts received from the generation and distribution of electricity, the distribution of natural gas, and the production of steam associated with the generation of electricity 34a 35 Adjusted basis of qualified manufacturing property 35 36 Number of employees employed in manufacturing in New York 36 Apportionment and Metropolitan Commuter Transportation District (MCTD) information Apportionment - Part 1 1 During the reporting year, did the partnership do business, employ capital, own or lease property. maintain an office, or derive receipts from activity, in New York State? (mark an X in the appropriate box) Yes El No 2 During the reporting year. did the partnership do business, employ capital, own or lease property. maintain an office. or derive receipts from activity, in the MCTD? (mark an X in the appropriate box) Yes El No Average value of property (see instructions tor Apportionment - Part 7, lines 3 through 7) A MCTD B New York State 3 Real estate owned 4 Real estate rented 5 Inventories owned 8 Tangible personal property owned 7 Tangible personal property rented 3 4 5 8 7 11111111iiiiiiiiirl III 11 III EFTA00806334 688815 17-15-16 17-204.1 IA)•bi Page 5 0. Apportionment - Part 2 Receipts from: (see instructions for Apportionment - Part 2. lines I through 52a) A WICTD B New York State C Everywhere Section 210-A.2 1 Sales of tangible personal property 1 2 Sales of electricity 2 3 Net gains from sales of real property 3 Section 210-A.3 4 Rentals of real and tangible personal property 4 5 Royalties from patents. copyrights, trademarks, and similar intangible personal property 5 6 Sales of rights for certain cbsedcircuit and cable N transmissions of an event 6 Section 210-A.4 7 Sale. licensing, or granting access to digital products 7 7a Sale, licensing, or granting access to digital products 7a 8 This line intentionally left blank 8 Section 210-A.5(aX2)(A) 9 Interest from loans secured by real property 9 10 Net gains from sales of loans secured by real property 10 11 Interest from loans not secured by real property K 11 12 Net gains from sales of loans not secured by real property Fi 12 Section 210-A.5(aX2)(B) U 13 Interest from federal debt 13 14 I 15 Interest from NYS and its political subdivisions debt 15 16 Net gains from federal, NYS, and NYS political subdivisions debt 16 17 Interest from other states and their political subdivisions debt 17 18 Net gains from other states and their political subdivisions debt 18 Section 210-A.5(aX2XC) K 19 19 Interest from assetbacked securities and other government agency debt 20 Net gains from government agency debt or assetbacked securities sold through an exchange 20 21 Net gains from all other assetbacked securities 21 Section 210-A.5(aX2XD) 22 22 Interest from corporate bonds 23 Net gains from corporate bonds sold through broker/dealer or licensed exchange 23 24 Net gains from other corporate bonds 24 Section 210-A.5(aX2)(E) 25 Net interest from reverse repurchase and securities borrowing agreements 25 Section 210-A.5(aX2)(F) 26 Net interest from federal funds 26 Section 210-A.5(aX2)(i) K 27 27 Net income from sales of physical commodities Section 210-A.5(aX2KJ) K 28 28 Marked to market net gains 116005161019 III 11 IIIIIIIIIIIIIVIIIIIIIIIIII Itt NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806335 6SPA16 Page 6 of 7 IT-204.1(2016) Receipts from: (continued) A r.,c' u B New York State c Everywhere Section 210-A.5(aX2)(H) 210-A.5(aX2XG) 29 Interest from other financial 30 Net gains from other financial 30a Net gains from other financial (broker/dealer/exchange) 30b Other income from other 30c Other income from other (broker/dealer/exchange) 30d Dividends from stock that 30e Net gains from sales of 30f Net gains from sales of H financial financial is stock partnership instruments 29 instruments 30 instruments instruments instruments 30a 30b 30c business capital 30d that is business capital 30o interests 30f Section 210-A.5(b) 31 Brokerage commissions 32 Margin interest earned 33 Fees for advisory services or management of underwriting 34 Receipts from primary 35 Receipts from account 36 Fees for management 37 Interest from an affiliated 31 on behalf for spread maintenance or advisory corporation of brokerage accounts underwriting of seling concessions fees 32 33 34 35 services 36 37 Section 210-A.5(c) 38 Interest, fees, and penalties 39 Service charges and fees 40 Receipts from merchant 41 Receipts from credit card settlement processing 42 Other credit card processing from discounts authorizations from credit cards 38 credit cards 39 40 and 41 receipts 42 Section 210-A.5(d) 43 Receipts from certain services to investment companies 43 Section 210-AA 44 Receipts from railroad and trucking business 44 Section 210-AA-a 45 Receipts from the operation of vessels 45 Section 210-Al 46 Receipts from air freight forwarding 47 Receipts from other aviation 46 services 47 Section 210-AS 48 Advertising in newspapers 49 Advertising on television or 50 Advertising via other means or periodicals 48 radio 49 50 Section 210-A.9 51 Transportation or transmission of gas through pipes 51 Section 210-A.10 52 Receipts from other services/activities not specified 52a Receipts from other services/activities not specified 52 14643942 14643942 21727304 52a 11111 Ildirlill611111111 0 III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806336 68681] 12-13.16 IT-204.1 (2016) Page 7 of 7 Payroll A MCTD B New York State 53 Wages and other compensation of employees except general executive officers I58 8721369 8721369 54 Average number of individuals employed full4ime in New York State (excluding employees with partnership-wide authority) 54 55 Gross proceeds or receipts from certain sales (for apportionment purposes) (see instructions) A MCTD B Now York State C Everywhere 55 56 57 58 59 Sales of loans secured by real property 55 Sales of loans not secured by real property 56 Sales of other asset•backed securities 57 Sales of corporate bonds 58 Sales of physical commodities 59 Marked to market net gain or loss from deemed sales (for apportionment purposes) 60 Of loans secured by real property 61 Of loans not secured by real property 62 Of federal debt instruments 63 Of New York State and its political subdivisions debt instruments 64 Of other states and their political subdivisions debt instruments 65 Of government agency debt or assetbacked securities (through exchange) 66 Of all other asset•backed securities 67 Of corporate bonds through licensed exchange or broker/dealer 68 Of other corporate bonds 69 Of physical commodities 70 Of other fnancial instruments of one type 60 61 62 63 64 65 66 67 68 69 70 Items related to repurchase agreements and securities borrowing/lending agreements 71 Value of reverse repurchase agreements when partnership is purchaserAender 72 Value of borrowing agreements when partnership is securities borrower 73 Value of repurchase agreements when partnership is seller/borrower 74 Value of lending agreements when partnership is securities lender 75 Interest income from reverse repurchase agreements and securities borrowing agreements 76 Interest expense from repurchase agreements and securities lending agreements III III ni 11 ill 71 72 73 74 75 76 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806337 NEXT MANAGEMENT LLC 13-3495607 DISREGARDED ENTITIES INCLUDED STATEMENT 1 IN THIS RETURN NAME FEIN METIER CREATIVE LLC 47-4398927 NY IT-204 INCOME (LOSS) FROM OTHER PARTNERSHIPS, ETC. STATEMENT 2 NAME AND ADDRESS TWO TWELVE MANAGEMENT, LLC EMPLOYER ID AMOUNT 20-1354409 137,818. TOTAL TO FORM IT-204, PAGE 2, LINE 6 137,818. NY IT-204 OTHER INCOME STATEMENT 3 DESCRIPTION AMOUNT FOREIGN EXCHANGE -156,411. TOTAL TO FORM IT-204, PAGE 2, LINE 9 -156,411. NY IT-204 OTHER DEDUCTIONS STATEMENT 4 DESCRIPTION AMOUNT ADMINISTRATIVE - OTHER 125,542. ADVERTISING 76,268. AMORTIZATION EXPENSE 201,053. BANK CHARGES 81,145. CLEANING SERVICE 46,123. COMMISSIONS EXPENSE 1,945,477. COMPUTER EXPENSE 56,901. CONSULTING FEES 530,543. DUES & SUBSCRIPTIONS 11,192. FILING FEES 8,815. INSURANCE 127,474. MEALS AND ENTERTAINMENT 76,748. MODEL EXPENSES 36,973. OFFICE 147,920. STATEMENT(S) 1, 2, 3, 4 EFTA00806338 NEXT MANAGEMENT LLC 13-3495607 OVERHEAD REIMBURSEMENT -1,325,013. PAYROLL FEES 15,273. POSTAGE & DELIVERY 11,747. PRINTING EXPENSE 52,768. PROFESSIONAL FEES 331,530. SCOUTING EXPENSE 14,890. TELEPHONE EXPENSE 198,608. TRAVEL 758,595. UTILITIES 31,395. TOTAL TO FORM IT-204, PAGE 2, LINE 24 3,561,967. NY IT-204 OTHER CURRENT ASSETS STATEMENT 5 BEGINNING OF END OF TAX DESCRIPTION TAX YEAR YEAR PREPAID EXPENSES TOTAL TO FORM IT-204, PAGE 3, LINE 46 159,432. 235,194. 159,432. 235,194. NY IT-204 OTHER INVESTMENTS STATEMENT 6 DESCRIPTION INVESTMENT IN TWO TWELVE MANAGEMENT LLC TOTAL TO FORM IT-204, PAGE 3, LINE 48 BEGINNING OF END OF TAX TAX YEAR YEAR 83,446. 224,591. 83,446. 224,591. NY IT-204 OTHER ASSETS STATEMENT 7 DESCRIPTION BEGINNING OF END OF TAX TAX YEAR YEAR DEPOSITS 43,931. 41,596. RESTRICTED CASH 40,000. 40,000. DUE FROM AFFLIATES 1,313,624. 827,056. DUE FROM MODELS 1,607,052. 1,596,064. DEFERRED TAX ASSET 64,000. 51,000. TOTAL TO FORM IT-204, PAGE 3, LINE 56 3,068,607. 2,555,716. STATEMENT(S) 4, 5, 6, 7 EFTA00806339 NEXT MANAGEMENT LLC 13-3495607 NY IT-204 OTHER CURRENT LIABILITIES STATEMENT 8 DESCRIPTION ACCRUED EXPENSES CITY ACCRUED TAX TOTAL TO FORM IT-204, PAGE 3, LINE 60 BEGINNING OF END OF TAX TAX YEAR YEAR 1,786,832. 0. 1,355,362. 29,386. 1,786,832. 1,384,748. NY IT-204 OTHER LIABILITIES STATEMENT 9 DESCRIPTION ADVANCES FROM AFFLIATES DUE TO RELATED PARTY DEFERRED RENT - LONG TERM TOTAL TO FORM IT-204, PAGE 3, LINE 63 BEGINNING OF END OF TAX TAX YEAR YEAR 8,342. 1,476,782. 135,009. 8,342. 1,459,962. 222,660. 1,620,133. 1,690,964. NY IT-204 OTHER DEDUCTIONS STATEMENT 10 DESCRIPTION AMOUNT CONTRIBUTIONS 12,512. TOTAL TO FORM IT-204, PAGE 5, LINE 99 12,512. NY IT-204 ITEMS REPORTED SEPARATELY TO PARTNERS STATEMENT 11 DESCRIPTION AMOUNT INVESTMENT INCOME 15,968. TOTAL TO FORM IT-204, PAGE 5, LINE 105 15,968. STATEMENT(S) 8, 9, 10, 11 EFTA00806340 r iYEW YORK STATE 2016 flt r;,.: an rt-c: Finance New York State Modifications Attachment to Form IT-201, IT-203, IT-204, or IT-205 1T-225 Name(s) as shown on return Identifying number as shown on return NEXT MANAGEMENT LLC 133495607 Complete all pals that apply to you; see instructions (Form IT-225-I). Submit this form with Form IT-201, IT-203, IT-204, or IT-205. Mark an X in the box identifying the return you are filing: IT-201 IT-203 I I IT-204 El IT-205 El Schedule A - New York State additions (enter whole dollars only) Part 1 - Individuals, partnerships, and estates or trusts 1 New York State additions la lb it Id le if lg Number A- 214 A- 201 A - A - A - A - A - A - Total amount 28871.00 110586.00 00 00 00 00 00 B - NYS allocated amount 2 0 442.00 78299.00 .00 .00 .00 .00 .00 2 Total (add column A, lines la through I g) 3 Total of Schedule A• Part 1, column A amounts from additional Form(s) IT-225. if any 4 Add lines 2 and 3 2 139457.00 3 .00 4 139457.00 Part 2 - Partners, shareholders, and beneficiaries A Form IT201 filers: do not enter EA•113 Form IT203 filers: do not enter EA•113 Form IT205 filers: do not enter EA•113 or Ek201 5 New York State additions 5a 5b 5c 5d 5e 5f 59 Number EA -201 EA - EA - EA - EA - EA - EA - A - Total amount 17816.00 00 00 00 00 .00 .00 B - NYS allocated amount 12614.00 .00 .00 .00 .00 .00 .00 6 Total (add column A lines 5a through 5g) 7 Total of Schedule A, Part 2, column A amounts from additional Form(s) IT-225, If any 8 Add lines 6 and 7 • 9 Total additions (add lines 4 and 8; see instructions) 11111 225001161019 1111 III 1 111111111 6 17816.00 7 .00 LI 17816.00 9 157273.00 (continued) NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806341 IT-225 (2016) (page 2) 6438.192 10-20-16 Schedule B - New York State subtractions (enter whole dollars only) Part 1 - Individuals, partnerships, and estates or trusts 10 New York State subtr 10a 10b 100 10d 10e 10f 10g Number S - S S - S - S - S S - tenons A - Total amount 00 00 00 00 00 00 .00 B - NYS allocated amount .00 .00 .00 .00 .00 .00 .00 11 Total (add column A, lines 10a through 10g) 12 Total of Schedule B. Part 1. column A amounts from additional Form(s) if any 13 Add lines 11 and 12 11 .00 12 .00 13 .00 Part 2 - Partners, shareholders, and beneficiaries A Form 1T201 filers: do not enter ES-106, ES-107, or ES-125 Form IT203 filers: do not enter ES-106, ES-107, or ES-125 Form IT205 filers: do not enter ES-125 14 New York State subtractions 143 14b 14c 194 14e 14f 14g Number Es 213 ES - ES - ES - ES - ES - ES - A - Total amount 4 6 4 2 oo 00 00 00 00 00 .00 B - NYS allocated amount 3287.00 .00 .00 .00 .00 .00 .00 15 Total (add column A, lines Ma through 14g) 16 Total of Schedule B, Part 2, column A amounts from additional Form(s) IT225, If any 17 Add lines 15 and 16 18 Total subtractions (add fines 13 and 17; see instructions) 225002161019 iiir111 III I 1111 0 III 15 4642.00 16 .00 [Id 4 6 4 2 oo 18 4 6 4 2.00 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806342 r iNEW YORK STATE 2016 Department of Taxation and Finance New York Corporate Partner's Schedule K-1 Tax Law - Article 9-A For calendar year 2016 or tax year beginning 01012016 and ending 12312016 IT-204-CP 1 El Final K-1 El Amended K-1 Partners: Before completing your franchise tax return, see Form IT•204-CP.I. Partner's Instructions for Form IT-204-CP (available at www.tax.ny.gov). Partnership's information Partnership's name (as shown on Form IT204) NEXT MANAGEMENT LLC Partnership's EIN 133495607 A Mark an X in the box if either applies to your entity Publicly traded partnership Portfolio investment partnership B Tax shelter registration number. if any Partner's information (see instructions) Partners name CLAXON INC C/O NEXT MANAGEMENT LLC Partner's address 15 WATTS STREET Partner's EIN 133508513 City NEW YORK State NY ZIP code 10013 C The partner is a (mad. on X In Me appropnate box) ILI General partner or LLC inembermanager U Limited partner or other LLC member D What is the New York tax filing status of the partner? (Mark an X in the appropriate box, if known.) C corporation K S corporation El Partnership E If the partner is a disregarded entity, enter the EIN of the entity reporting the income of the partner (if known) F Did the partner sell its entire interest during the tax year? G Partners share of profit, loss, and capital 1) Profit G1 2) Loss G2 3) Capital G3 H Partners share of liabilities at the end of the year 1) Nonrecourse 2) Qualified nonrecotase financing 3) Recourse I Partner's capital account analysis 1) Beginning capital account 2) Capital contributed during the year • cash 3) Capital contributed during the year • property 4) Current year increase (decrease) 5) Withdrawals and distributions • cash 6) Withdrawals and distributions • property 7) Ending capital account 8) Method of accounting mark an X In theeppropnate bo. El Tax basis GAAP 117001161019 Other (submit explanation) Beginning 42.0001 42.0000 42.00004v F Yes K H1 H2 H3 11 12 13 14 15 16 17 O O ti rn No M Ending 42.0000% 42.0000% 42.0000% 402290 7543181 492058 1154322 945000 701380 EFTA00806343 Page 2 of 11 IT-204-CP (2016) 588822 12-15-18 J Was Form CT•265&E filed with the partnership? J Yes El No K K NYS estimated tax paid on behalf of parole( (from Form CT-2658) 1) Fist installment Ki 2) Second installment K2 3) Third installment K3 4) Fourth installment K4 Total NYS estimated tax paid on behalf of partner (add fines Kt through K4) Date K Amount Partner's share of entire net income (EM) information when the corporate partner's New York tax filing status is a C corporation ENI addition modifications 1 Total additions 1 46446 A - Number B - Amount A - Number B - Amount la EA - 50 5 46446 ld EA - lb EA - le EA - le EA - if EA - ENI subtraction 2 modifications Total subtractions 2 1950 A - Number B - Amount A - Number B - Amount 2a ES- 507 1950 2d ES - 2b ES - 2e ES - 2e ES - 2f ES - Partner's proportionate part of assets and liabilities(for New York C corporate partners only) 3 Total assets 4 Real property and marketable securities included on line 3 5 Real property and marketable securities at fair market value (FMV) 6 Average value of adjusted total assets 7 Total liabilities 8 Liabilities directly attributable to business capital 9 Liabilities directly attributable to investment capital III III 11111111111 II III Average value 3 7551265 4 5 6 7551265 7 6954544 a 9 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806344 688831 12-13.16 IT-204-CP (2016) Page 3 of 11 Partner's proportionate part of items related to investment capital under Article 9-A(forNew York C corporate partners only) Part 1 - Investment capital that generates income claimed not taxable by New York under the U.S. Constitution Description of asset (identify each asset, and enter number ol shares (if applicable) and date acquired here; for each asset complete columns D through G on the corresponding lines below; enter omy directly owned assets in items A through G) • • ror eacn nem "mei]. in columns r tnrouon t . enter me imormation tor me parmersnip as a wnore Item A • Description of asset B • Number of shares acquired, if applicable C • Date acquired A B C D E F Item 0 Number of shares sold. if applicable E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 10 Total proportionate part of columns F and G (see instructions) 10 Part 2 • Investment capital • stocks actually held more than one year Description of Investment (identitY each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date acquired A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 11 Total proportionate part of colurms F and G (see instructions) 11 IIIIIIIIII11111111161111111111 1111111 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806345 Page 4 of 11 IT-209-CP (2016) Part 3 - Investment capital - stocks presumed held more than one year Description of Investment (identitY each investment, and enter number of shares and date acquired here; for each investment complete columns F and G on the corresponding lines below; enter only directly owned investments in items A through G) 6438832 12.13.16 Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date =wires A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 12 Total proportionate part of columns F and G (see instructions) 12 Part 4 - Total Investment capital 13 Total average FMV and liabilities directly attributable (add lines 10, 11. and 12 in columns F and G) 13 Part 6 - Prior year Investment capital - stocks that did not meet holding period requirement Description of Investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) ' • rcr eacn nem owed. in columns X tnrouqn t.i. enter me imormation for me parrnersnip as a wnoie. Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date acquired A B C D E F ROM D Number of shares solo E Date sold F Average FMV as previously reported G Liabilities directly attributable as previously reported H I 1 A B C D E F Total from additional sheet(s) and/or partnerships . . 14 Total proportionate part of columns F and G (see instructions) 14 IIII MI iiill/161111111111 II HI NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806346 688841 17-13.16 IT-204-CP (2016) Page 5 of 11 Part 6 - Prior year gross investment income for stocks that did not meet holding period requirement 15 Prior year presumed gross investment income from stocks presumed in the prior year to be held more than one year that failed to meet the presumption (see Instructions) 15 Partner's share of items related to investment and other exempt income under Article 9-A(Tor New York C corporate partners only) 16 Gross exempt crossarticle dividends 17 Gross exempt controlled foreign corporation (CFC) Income 18 Gross exempt unitary corporation dividends 19 Gross investment income from investments generating income not taxable by New York State under the U.S. Constitution 20 Dividend Income from investment capital from stocks actually held more than one year 21 Net capital gains in excess of losses from investment capital from stocks actually held more than one year 22 Dividend income from investment capital from stocks presumed held more than one year 16 17 18 19 20 21 22 Partner's share of items related to interest deductions directly attributable to investment and other exempt income under Article 9-A (for New York C corporate partners only) 23 Interest expense per federal Form 1065. line 15 24 Interest deductions directly attributable to income reported on line 16 25 Interest deductions directly attributable to income reported on line 17 26 Interest deductions directly attributable to income reported on line 18 27 Interest deductions directly attributable to income reported on line 19 28 Interest deductions directly attributable to income reported on line 20 29 Interest deductions directly attributable to income reported on line 21 30 Interest deductions directly attributable to income reported on line 22 31 Interest deductions directly attributable to business capital 23 3 0 24 25 26 27 28 29 30 31 Partner's share and proportionate part of items related to subtraction modification for qualified banks 32 Qualified residential loan portfolio assets 32 33 Gross interest income from qualifying loans 33 33a Gross interest income from all loans 33a 33b Gross interest expense from all loans 331) Partner's share and proportionate part of items related to manufacturing 35a Number of employees employed in manufacturing in New York 35 Adjusted basis of qualified manufacturing property gas, and the production of steam associated with the generation of electricity E35 34 Total receipts from the sale of goods by manufacturing 34 34a Receipts received from the generation and distribution of electricity, the distribution of natural 1111111 III nu NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806347 686842 12.13.16 Page 6 of 11 IT-204-CP (2016) Partner's share of New York modifications (for New Yost( S corporate panners only) 36 New York State additions Number A - Total amount 36a EA - 36b EA - 36c EA - 36d EA - 36c EA - 361 EA - 37 Total addition modifications (total of column A, lines 36a through 360 37 38 New York State subtractions Number A - Total amount 38a ES - 38b ES - 38c ES - 38d ES - 38c ES - 381 ES - 39 Total subtraction modifications (total of column A, lines 38a through 380 39 40 Additions to federal itemized deductions Letter Amount 40a 40b 40c 40d 40e 401 41 Total additions to federal itemized deductions (add lines 40a through 40t) 41 42 Subtractions from federal itemized deductions Letter Amount 42a 42b 42c 42d 42c 421 43 Total subtractions from federal itemized deductions (add lines 42a through 420 IIII MI I III11111 611 1 61111111111 II III 43 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806348 68,31103 17-13-16 IT-204-CP (2016) Page 7 of 11 Partner's share of income, deductions, etc. (from federal Form 1065. Schedule K-1) Partner's distributive share items 44 Ordinary business income (loss) 44 1050186 45 Net rental real estate income (loss) 45 46 Other net rental income (loss) 46 47 Guaranteed payments 47 48 Interest income 48 6707 49 Ordinary dividends 49 50 Royalties 50 51 Net short-term capital gain (loss) 51 52 Net longterm capital gain (loss) 52 53 Net section 1231 gain (loss) 53 54 Other income (loss) 54 Identify: 55 Section 179 deduction 55 27100 56 Other deductions (see instructions) 56 5255 Identify: SEE STATEMENT 57 Taxexempt income and nondeductible expenses (see instructions) 57 53684 58 Distributions • cash and marketable securities 58 945000 59 Distributions • other property 59 60 Other Items not inckrded above that are required to be reported separately to partners 60 6707 Identify: SEE STATEMENT Partner's credit information (see instructions) Part 1 - Flow-through credit bases and information Brownfield redevelopment tax credit (Form CT-611. F01771CT-611.1. or Form CT-611.2) 61 Site preparation credit component 62 Tangible property credit component 63 On•site groundwater remediatica credit component EZ capital tax credit (Form CT-602) 64 Recapture of credit for investments in certified EZ businesses 64 65 Recapture of credit for contributions of money to EZ community development projects 65 QEZE tax reduction credit (Form CT-604-CP) 66 QEZE employment increase factor 66 67 QEZE zone allocation factor 67 68 QEZE benefit period factor 68 Excelsior jobs program tax credit (Form CT-607) 69 Excelsior jobs tax credit component 69 70 Excelsior investment tax credit component 70 71 Excelsior research and development tax credit component 71 72 Excelsior real property tax credit component 72 A - Form CT-611 B - Form CT-611A C - Form CT-611.2 61 62 63 III III Hi Hill NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806349 Page 8 of 11 IT-204-CP (2016) GRES44 $2•• fi Partner's credit information (continued) Farmers' school tax credit (Form CT-47) 73 Acres of qualified agricultural property 74 Acres of qualified conservation property 75 Eligible school district property taxes paid 76 Acres of qualified agricultural property converted to nonqualified use 73 74 75 76 Other flow-through credit bases and information Credit bases Code Amount Code Amount 77a 77d 77b 77e 77c 77f Credit information Code Information Code Information 77g 77j 77h 77k 77i 771 Part 2 - Flow-through credits, addbacks, and recaptures 78 Flowthrough credits Code Amount Code Amount 78a 78e 78b 78f 78c 78g 78d 78h 79 Addbacks of credits and recaptures Code Amount Code Amount 79d 79b 79e 79c 79f Part 3 - START-UP NY tax elimination credit information(Rvm CT-638) 80 STARTUP NY business certificate number (Form DTF-74) 81 Year of STARTUP NY business tax benefit period 82 STARTUP NY area allocation factor 80 81 82 Partner's share of apportionment and Metropolitan Commuter Transportation District (MCTD) information Part 1 1 During the reporting year, did the partnership do business, employ capital, own or lease property, maintain an office, or derive receipts from activity, in New York State? (mark an X in the appropriate box) Yes El No 2 During the reporting year, did the partnership do business, employ capital, own or lease property, maintain an office, or derive receipts from activity, in the MCTD? (mark an X in the appropriate box) Yes El No Average value of property A - MCTD B - New York State 3 Real estate owned 4 Real estate rented 5 Inventories owned 8 Tangible personal property owned 7 Tangible personal property rented 3 4 5 8 7 III IIII III I II III III I VIII I III II III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806350 684845 12-13-14 IT-204-CP (2016) Page 9 of 11 Part 2 Receipts from: Section 210-A.2 1 Sales of tangible personal property 2 Sales of electricity 3 Net gains from sales of real property Section 210-A.3 4 Rentals of real and tangible personal property Royalties from patents. copyrights, trademarks, and similar intangible personal property 6 Sales of rights for certain cbsecicircuit and cable TV transmissions of an event Section 210-A.4 7 Sale, licensing, or granting access to digital products 7a Sale, licensing, or granting access to digital products 8 This line intentionally left blank Section 210-A.5(aX2XA) 9 Interest from loans secured by real property 10 Net gains from sales of loans secured by real property 11 Interest from loans not secured by real property 12 Net gains from sales of loans not secured by real property D Section 210-A.5(aX2XB) K 13 Interest from federal debt A PACTD 1 2 3 B Now York State C Everywhere 4 5 6 7 7a 8 14 9 10 11 12 13 15 Interest from NYS and its political subdivisions debt 15 16 Net gains from federal, NYS, and NYS political subdivisions debt 16 17 Interest from other states and their political subdivisions debt 17 18 Net gains from other states and their political subdivisions debt 18 Section 210-A.5(aX2XC) K 19 Interest from asset-backed securities and other government agency debt 19 20 Net gains from government agency debt or asset-backed securities sold through an exchange 20 21 Net gains from all other asset-backed securities 21 Section 210-A.5(aX2XD) 22 Interest from corporate bonds 22 23 Net gains from corporate bonds sold through broker/dealer or licensed exchange 23 24 Net gains from other corporate bonds 24 Section 210-A.5(aX2XE) 25 Net Interest from reverse repurchase and securities borrowing agreements 25 Section 210-A.5(aX2XF) 26 Net interest from federal funds 26 Section 210-A.5(aX2X0 27 Net income from sales of physical commodities 27 Section 210-A.5(aX2XJ) D 28 Marked to market net gains 28 117009161019 III IIII III 1 III II III 111111 1 III H III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806351 Page 10 of 11 IT-204-CP (2016) 648846 12.13.1E Part 2 Receipts from: A ric ' u B New York State c Everywhere Section 210-A.5(aX2Xii) 210-A.5(aX2XG) 29 Interest from other financial 30 Net gains from other financial 30a Net gains from other financial (broker/dealer/exchange) 30b Other income from other 30c Other income from other (broker/dealer/exchange) 30d Dividends from stock that 30e Net gains from sales of 301 Net gains from sales of H financial financial is stock partnership instruments 29 instruments 30 instruments instruments instruments business capital 30a 30b 30c 30d that is business capital 30e interests 30f Section 210-A.5(b) 31 Brokerage commissions 32 Margin interest earned 33 Fees for advisory services or management of underwriting 34 Receipts from primary 35 Receipts from account 36 Fees for management 37 Interest from an affiliated 31 on behalf for spread maintenance or advisory corporation of brokerage accounts underwriting of seling concessions fees 32 33 34 35 services 36 37 Section 210-A.5(c) 38 Interest, fees, and penalties 39 Service charges and fees 40 Receipts from merchant 41 Receipts from credit card settlement processing 42 Other credit card processing from discounts authorizations from credit cards 38 credit cards 39 40 and 41 receipts ,,, ,,, ,,,,,,,,, ,,, , , 42 Section 210-A.5(d) 43 Receipts from certain services to investment companies 43 Section 210-A6 44 Receipts from railroad and trucking business 44 Section 210-AA-a 45 Receipts from the operation of vessels 45 Section 210-Al 46 Receipts from air freight forwarding 47 Receipts from other aviation 46 services 47 Section 210-AS 48 Advertising in newspapers 49 Advertising on television or 50 Advertising via other means or periodicals 48 radio 49 50 Section 210-A.9 51 Transportation or transmission of gas through pipes 51 Section 210-A.10 52 Receipts from other services/activities not specified 52a Receipts from other services/activities not specified 52 6150456 6150456 9125468 62a III 11111111 6111il III II III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806352 688447 12-13-16 I7-204-CP (2016) Page 11 of 11 Payroll A MCTD B New York State 53 Wages and other compensation of employees except general executive officers 53 3662975 3662975 54 Average number of individuals employed full time in New York State (excluding employees with partnership-wide authority) 64 23 Gross proceeds or receipts from certain sales (for apportionment purposes) (see instructions) A MCTD 6 New York State C Everywhere 55 56 57 58 59 Sales of loans secured by real property 55 Sales of loans not secured by real property 56 Sales of other asset-backed securities 57 Sales of corporate bonds 58 Sales of physical commodities 59 Marked to market net gain or loss from deemed sales (for apportionment purposes) 60 Of loans secured by real property 61 Of loans not secured by real property 62 Of federal debt instruments 63 Of New York State and its political subdivisions debt instruments 64 Of other states and their political subdivisions debt instruments 65 Of government agency debt or assetbacked securities (through exchange) 66 Of all other asset-backed securities 67 Of corporate bonds through licensed exchange or broker/dealer 68 Of other corporate bonds 69 Of physical commodities 70 Of other fnancial instruments of one type 60 61 62 63 64 65 66 67 68 69 70 Items related to repurchase agreements and securities borrowing/lending agreements 71 Value of reverse repurchase agreements when partnership is purchaser/lender 72 Value of borrowing agreements when partnership is securities borrower 73 Value of repurchase agreements when partnership is seller/borrower 74 Value of lending agreements when partnership is securities lender 75 Interest income from reverse repurchase agreements and securities borrowing agreements 76 Interest expense from repurchase agreements and securities lending agreements 117 01116 10 19 III nu 71 72 73 74 75 76 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806353 NEXT MANAGEMENT LLC 13-3495607 NY IT-204-CP OTHER DEDUCTIONS DESCRIPTION CASH CONTRIBUTIONS (50%) TOTAL TO FORM IT-204-CP, PAGE 7, LINE 56 AMOUNT FROM NY FEDERAL STATE SCHEDULE K-1 AMOUNT 5,255. 3,721. 5,255. 3,721. NY IT-204-CP OTHER ITEMS REQUIRED TO BE REPORTED SEPARATELY DESCRIPTION INVESTMENT INCOME TOTAL TO FORM IT-204-CP, PAGE 7, LINE 60 AMOUNT FROM NEW YORK FEDERAL STATE SCHEDULE K-1 AMOUNT 6,707. 4,749. 6,707. 4,749. PARTNER NUMBER 1 EFTA00806354 r iNEW YORK STATE 2016 Department of Taxation and Finance New York Corporate Partner's Schedule K-1 Tax Law - Article 9-A For calendar year 2016 or tax year beginning 01012016 and ending 12312016 I T . 2 0 4 - C P 2 El Final K-1 El Amended K-1 Partners: Before completing your franchise tax return, see Form IT•204-CP.I. Partner's Instructions for Form IT-204-CP (available at www.tax.ny.gov). Partnership's information Partnership's name (as shown on Form IT•204) NEXT MANAGEMENT LLC Partnership's EIN 133495607 A Mark an X in the box if either applies to your entity Publicly traded partnership Portfolio investment partnership B Tax shelter registration number. if any B Partner's information (see instructions) Partners name PARTNERSHIP HOLDING CORP. CIO NEXT MA Partner's address 15 WATTS STREET Partners EIN 133501977 City NEW YORK State NY ZIP code 10013 C The partner is a kriath on X In Me appropriate box) ULI General partner or LLC Inembermanager U Limited partner or other LLC member I) What is the New York tax filing status of the partner? (Mark an X in the appropriate box, if known.) K C corporation ❑S corporation El Partnership E If the partner is a disregarded entity, enter the EIN of the entity reporting the income of the partner (if known) F Did the partner sell its entire interest during the tax year? G Partners share of profit, loss, and capital 1) Profit G1 2) Loss G2 3) Capital G3 H Partners share of liabilities at the end of the year 1) Nonrecourse 2) Qualified nonrecourse financing 3) Recourse I Partner's capital account analysis 1) Beginning capital account 2) Capital contributed during the year • cash 3) Capital contributed during the year • property 4) Current year increase (decrease) 5) Withdrawals and distributions • cash 6) Withdrawals and distributions • property 7) Ending capital account 8) Method of accounting mark an X in theeppropnate bo. El Tax basis GAAP 117001161019 III11111 Other (submit explanation) Beginning 31.0001 31.0000 31.00004v F Yes K H1 H2 H3 11 12 13 14 15 16 17 O O ti rn No M Ending 31.0000% 31.0000% 31.0000% 296929 5567586 363187 852000 697500 517687 EFTA00806355 CE.52, V•'3.16 Page 2 of 11 IT-204-CP (2016) J Was Form CT•265&E filed with the partnership? J Yes El No K NYS estimated tax paid on behalf of partner (from RIM CT-2658) Date Amount 3) Third installment 2) Second installment K3 4) Fourth installment K4 K K2 1) First installment Total NYS estimated tax paid on behalf of partner (add fines Kt through K4) K Partner's share of entire net income (ENI) information when the corporate partner's New York tax filing status is a C corporation ENI addition modifications 1 Total additions 10 lb ic A - Number EA- EA- EA - B - Amount ENI subtraction modifications 2 Total subtractions 2a 2b 2c A - Number ES - ES - ES - B-AmoJnt td to 11 2d 2e 21 A - Number EA - EA - EA - A - Number ES - ES - ES - B - Amount 2 B - Amount Partner's proportionate part of assets and liabilities(for New York corporate partners only) 3 Total assets 4 Real property and marketable securities included on line 3 5 Real property and marketable securities at fair market value (FMV) 6 Average value of adjusted total assets 7 Total liabilities 8 Liabilities directly attributable to business capital 9 Liabilities directly attributable to investment capital MI MI MI 11111111 21161 ill' III II III Average value 3 4 5 6 7 8 9 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806356 688831 12-13.16 IT-204-CP (2016) Page 3 of 11 Partner's proportionate part of items related to investment capital under Article 9-A(forNew York C corporate partners only) Part 1 - Investment capital that generates income claimed not taxable by New York under the U.S. Constitution Description of asset (identify each asset, and enter number ol shares (if applicable) and date acquired here; for each asset complete columns D through G on the corresponding lines below; enter omy directly owned assets in items A through G) • • ror eacn nem "mei]. in columns r tnrouon t . enter me imormation tor me parmersnip as a wnore Item A • Description of asset B • Number of shares acquired, if applicable C • Date acquired A B C D E F Item 0 Number of shares sold. if applicable E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 10 Total proportionate part of columns F and G (see instructions) 10 Part 2 • Investment capital • stocks actually held more than one year Description of Investment (identitY each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date acquired A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 11 Total proportionate part of colurms F and G (see instructions) 11 IIIIIIIIII11111111161111111111 1111111 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806357 Page 4 of 11 IT-209-CP (2016) Part 3 - Investment capital - stocks presumed held more than one year Description of Investment (identitY each investment, and enter number of shares and date acquired here; for each investment complete columns F and G on the corresponding lines below; enter only directly owned investments in items A through G) 6438832 12.13.16 Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date =wires A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 12 Total proportionate part of columns F and G (see instructions) 12 Part 4 - Total Investment capital 13 Total average FMV and liabilities directly attributable (add lines 10, 11. and 12 in columns F and G) 13 Part 6 - Prior year Investment capital - stocks that did not meet holding period requirement Description of Investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) ' • rcr eacn nem owed. in columns X tnrouqn t.i. enter me imormation for me parrnersnip as a wnoie. Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date acquired A B C D E F ROM D Number of shares solo E Date sold F Average FMV as previously reported G Liabilities directly attributable as previously reported H I 1 A B C D E F Total from additional sheet(s) and/or partnerships . . 14 Total proportionate part of columns F and G (see instructions) 14 IIII MI iiill/161111111111 II HI NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806358 688841 17-13.16 IT-204-CP (2016) Page 5 of 11 Part 6 - Prior year gross investment income for stocks that did not meet holding period requirement 15 Prior year presumed gross investment income from stocks presumed in the prior year to be held more than one year that failed to meet the presumption (see Instructions) 15 Partner's share of items related to investment and other exempt income under Article 9-A(for New York C corporate partners only) 16 Gross exempt crossarticle dividends 17 Gross exempt controlled foreign corporation (CFC) Income 18 Gross exempt unitary corporation dividends 19 Gross investment income from investments generating income not taxable by New York State under the U.S. Constitution 20 Dividend Income from investment capital from stocks actually held more than one year 21 Net capital gains in excess of losses from investment capital from stocks actually held more than one year 22 Dividend income from investment capital from stocks presumed held more than one year 16 17 18 19 20 21 22 Partner's share of items related to interest deductions directly attributable to investment and other exempt income under Article 9-A (for New York C corporate partners only) 23 Interest expense per federal Form 1065. line 15 24 Interest deductions directly attributable to income reported on line 16 25 Interest deductions directly attributable to income reported on line 17 26 Interest deductions directly attributable to income reported on line 18 27 Interest deductions directly attributable to income reported on line 19 28 Interest deductions directly attributable to income reported on line 20 29 Interest deductions directly attributable to income reported on line 21 30 Interest deductions directly attributable to income reported on line 22 31 Interest deductions directly attributable to business capital 23 24 25 26 27 28 29 30 31 Partner's share and proportionate part of items related to subtraction modification for qualified banks 32 Qualified residential loan portfolio assets 32 33 Gross interest income from qualifying loans 33 33a Gross interest income from all loans 33a 33b Gross interest expense from all loans 331) Partner's share and proportionate part of items related to manufacturing 35a Number of employees employed in manufacturing in New York 35 Adjusted basis of qualified manufacturing property gas, and the production of steam associated with the generation of electricity E35 34 Total receipts from the sale of goods by manufacturing 34 34a Receipts received from the generation and distribution of electricity, the distribution of natural 117005161019 III IIII III I II II IIII I VIII I III II III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806359 686842 12.13.16 Page 6 of t t IT-204-CP (2016) Partner's share of New York modifications (for New York S corporate panners only) 36 Now York State additions Number A- Total amount 36a EA -214 8950 36b EA -201 5523 36c EA -201 34282 36d EA - 36c EA - 361 EA - 37 Total addition modifications (total of column A, lines 36a through 360 37 48755 38 New York State subtractions Number A - Total amount 38a Es -213 1439 38b ES - 38c ES - 38d ES - 38e ES - 381 ES - 39 Total subtraction modifications (total of column A, lines 38a through 380 39 1439 4O Additions to federal itemized deductions Letter Amount 40a 40b 40c 40d 40c 4O1 41 Total additions to federal itemized deductions (add lines 40a through 40t) 41 42 Subtractions from federal itemized deductions Letter Amount 42a 42b 42c 42d 42c 421 43 Total subtractions from federal itemized deductions (add lines 42a through 420 IIII MI I III1111111 611 1 6111111I III II III Iqr 1 1f J.+ 01 43 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806360 68,31103 17-13-16 IT-204-CP (2016) Page 7 of 11 Partner's share of income, deductions, etc. (from federal Form 1065. Schedule K-1) Partner's distributive share items 44 Ordinary business income (loss) 44 775137 45 Net rental real estate income (loss) 45 46 Other net rental income (loss) 46 47 Guaranteed payments 47 48 Interest income 48 4950 49 Ordinary dividends 49 50 Royalties 50 51 Net short-term capital gain (loss) 51 52 Net longterm capital gain (loss) 52 53 Net section 1231 gain (loss) 53 54 Other income (loss) 54 Identify: 55 Section 179 deduction 55 20002 56 Other deductions (see instructions) 56 3879 Identify: SEE STATEMENT 57 Taxexempt income and nondeductible expenses (see instructions) 57 39623 58 Distributions • cash and marketable securities 58 697500 59 Distributions • other property 59 60 Other Items not inckrded above that are required to be reported separately to partners 60 4950 Identify: SEE STATEMENT Partner's credit information (see instructions) Part 1 - Flow-through credit bases and information Brownfield redevelopment tax credit (Form CT-611. F01771CT-611.1. or Form CT-611.2) 61 Site preparation credit component 62 Tangible property credit component 63 On•site groundwater remediatica credit component EZ capital tax credit (Form CT-602) 64 Recapture of credit for investments in certified EZ businesses 64 65 Recapture of credit for contributions of money to EZ community development projects 65 QEZE tax reduction credit (Form CT-604-CP) 66 QEZE employment increase factor 66 67 QEZE zone allocation factor 67 68 QEZE benefit period factor 68 Excelsior jobs program tax credit (Form CT-607) 69 Excelsior jobs tax credit component 69 70 Excelsior investment tax credit component 70 71 Excelsior research and development tax credit component 71 72 Excelsior real property tax credit component 72 A - Form CT-611 B - Form CT-611A C - Form CT-611.2 61 62 63 III III Hi Hill NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806361 Page 8 of 11 IT-204-CP (2016) GRES44 $2•• fi Partner's credit information (continued) Farmers' school tax credit (Form CT-47) 73 Acres of qualified agricultural property 74 Acres of qualified conservation property 75 Eligible school district property taxes paid 76 Acres of qualified agricultural property converted to nonqualified use 73 74 75 76 Other flow-through credit bases and information Credit bases Code Amount Code Amount 77a 77d 77b 77e 77c 77f Credit information Code Information Code Information 77g 77j 77h 77k 77i 771 Part 2 - Flow-through credits, addbacks, and recaptures 78 Flowthrough credits Code Amount Code Amount 78a 78e 78b 78f 78c 78g 78d 78h 79 Addbacks of credits and recaptures Code Amount Code Amount 79d 79b 79e 79c 79f Part 3 - START-UP NY tax elimination credit information(Rvm CT-638) 80 STARTUP NY business certificate number (Form DTF-74) 81 Year of STARTUP NY business tax benefit period 82 STARTUP NY area allocation factor 80 81 82 Partner's share of apportionment and Metropolitan Commuter Transportation District (MCTD) information Part 1 1 During the reporting year, did the partnership do business, employ capital, own or lease property, maintain an office, or derive receipts from activity, in New York State? (mark an X in the appropriate box) Yes El No 2 During the reporting year, did the partnership do business, employ capital, own or lease property, maintain an office, or derive receipts from activity, in the MCTD? (mark an X in the appropriate box) Yes El No Average value of property A - MCTD B - New York State 3 Real estate owned 4 Real estate rented 5 Inventories owned 8 Tangible personal property owned 7 Tangible personal property rented 3 4 5 8 7 III IIII III I II III III I VIII I III II III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806362 684845 12-13-14 IT-204-CP (2016) Page 9 of 11 Part 2 Receipts from: Section 210-A.2 1 Sales of tangible personal property 2 Sales of electricity 3 Net gains from sales of real property Section 210-A.3 4 Rentals of real and tangible personal property Royalties from patents. copyrights, trademarks, and similar intangible personal property 6 Sales of rights for certain cbsecicircuit and cable TV transmissions of an event Section 210-A.4 7 Sale, licensing, or granting access to digital products 7a Sale, licensing, or granting access to digital products 8 This line intentionally left blank Section 210-A.5(aX2XA) 9 Interest from loans secured by real property 10 Net gains from sales of loans secured by real property 11 Interest from loans not secured by real property 12 Net gains from sales of loans not secured by real property D Section 210-A.5(aX2XB) K 13 Interest from federal debt A PACTD 1 2 3 B Now York State C Everywhere 4 5 6 7 7a 8 14 9 10 11 12 13 15 Interest from NYS and its political subdivisions debt 15 16 Net gains from federal, NYS, and NYS political subdivisions debt 16 17 Interest from other states and their political subdivisions debt 17 18 Net gains from other states and their political subdivisions debt 18 Section 210-A.5(aX2XC) K 19 Interest from asset-backed securities and other government agency debt 19 20 Net gains from government agency debt or asset-backed securities sold through an exchange 20 21 Net gains from all other asset-backed securities 21 Section 210-A.5(aX2XD) 22 Interest from corporate bonds 22 23 Net gains from corporate bonds sold through broker/dealer or licensed exchange 23 24 Net gains from other corporate bonds 24 Section 210-A.5(aX2XE) 25 Net Interest from reverse repurchase and securities borrowing agreements 25 Section 210-A.5(aX2XF) 26 Net interest from federal funds 26 Section 210-A.5(aX2X0 27 Net income from sales of physical commodities 27 Section 210-A.5(aX2XJ) D 28 Marked to market net gains 28 117009161019 III IIII III 1 III II III 111111 1 III H III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806363 Page 10 of 11 IT-204-CP (2016) 648846 12.13.1E Part 2 Receipts from: A ric ' u B New York State c Everywhere Section 210-A.5(aX2Xii) 210-A.5(aX2XG) 29 Interest from other financial 30 Net gains from other financial 30a Net gains from other financial (broker/dealer/exchange) 30b Other income from other 30c Other income from other (broker/dealer/exchange) 30d Dividends from stock that 30e Net gains from sales of 301 Net gains from sales of H financial financial is stock partnership instruments 29 instruments 30 instruments instruments instruments business capital 30a 30b 30c 30d that is business capital 30e interests 30f Section 210-A.5(b) 31 Brokerage commissions 32 Margin interest earned 33 Fees for advisory services or management of underwriting 34 Receipts from primary 35 Receipts from account 36 Fees for management 37 Interest from an affiliated 31 on behalf for spread maintenance or advisory corporation of brokerage accounts underwriting of seling concessions fees 32 33 34 35 services 36 37 Section 210-A.5(c) 38 Interest, fees, and penalties 39 Service charges and fees 40 Receipts from merchant 41 Receipts from credit card settlement processing 42 Other credit card processing from discounts authorizations from credit cards 38 credit cards 39 40 and 41 receipts ,,, ,,, ,,,,,,,,, ,,, , , 42 Section 210-A.5(d) 43 Receipts from certain services to investment companies 43 Section 210-AB 44 Receipts from railroad and trucking business 44 Section 210-AB-a 45 Receipts from the operation of vessels 45 Section 210-Al 46 Receipts from air freight forwarding 47 Receipts from other aviation 46 services 47 Section 210-AS 48 Advertising in newspapers 49 Advertising on television or 50 Advertising via other means or periodicals 48 radio 49 50 Section 210-A.9 51 Transportation or transmission of gas through pipes 51 Section 210-A.10 52 Receipts from other services/activities not specified 52a Receipts from other services/activities not specified 52 4539622 6735464 62a 117010161019 III IIII III1IIII1III111111 1III II III k fir. NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806364 688447 12-13-16 IT-204-CP (2016) Page 11 of 11 Payroll A MCTD B New York State 53 Wages and other compensation of employees except general executive officers 53 2703624 54 Average number of individuals employed full time in New York State (excluding employees with partnership-wide authority) 54 17 Gross proceeds or receipts from certain sales (for apportionment purposes) (see instructions) A MCTD B New York State C Everywhere 55 56 57 58 59 Sales of loans secured by real property 55 Sales of loans not secured by real property 56 Sales of other asset-backed securities 57 Sales of corporate bonds 58 Sales of physical commodities 59 Marked to market net gain or loss from deemed sales (for apportionment purposes) 60 Of loans secured by real property 61 Of loans not secured by real property 62 Of federal debt instruments 63 Of New York State and its political subdivisions debt instruments 64 Of other states and their political subdivisions debt instruments 65 Of government agency debt or assetbacked securities (through exchange) 66 Of all other asset-backed securities 67 Of corporate bonds through licensed exchange or broker/dealer 68 Of other corporate bonds 69 Of physical commodities 70 Of other fnancial instruments of one type 60 61 62 63 64 65 66 67 68 69 70 Items related to repurchase agreements and securities borrowing/lending agreements 71 Value of reverse repurchase agreements when partnership is purchaserAender 72 Value of borrowing agreements when partnership is securities borrower 73 Value of repurchase agreements when partnership is seller/borrower 74 Value of lending agreements when partnership is securities lender 75 Interest income from reverse repurchase agreements and securities borrowing agreements 76 Interest expense from repurchase agreements and securities lending agreements 117 01116 10 19 III nu 71 72 73 74 75 76 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806365 NEXT MANAGEMENT LLC 13-3495607 NY IT-204-CP OTHER DEDUCTIONS DESCRIPTION CASH CONTRIBUTIONS (50%) TOTAL TO FORM IT-204-CP, PAGE 7, LINE 56 AMOUNT FROM NY FEDERAL STATE SCHEDULE K-1 AMOUNT 3,879. 2,746. 3,879. 2,746. NY IT-204-CP OTHER ITEMS REQUIRED TO BE REPORTED SEPARATELY DESCRIPTION INVESTMENT INCOME TOTAL TO FORM IT-204-CP, PAGE 7, LINE 60 AMOUNT FROM NEW YORK FEDERAL STATE SCHEDULE K-1 AMOUNT 4,950. 3,505. 4,950. 3,505. PARTNER NUMBER 2 EFTA00806366 NEW YORK STATE 2016 Department of Taxation and Finance New York Corporate Partner's Schedule K-1 Tax Law - Article 9-A For calendar year 2016 or tax year beginning 01012016 and ending 12312016 I T . 2 0 4 - C P 3 El Final K-1 El Amended K-1 Partners: Before completing your franchise tax return, see Form IT•204CP.I. Partner's Instructions lot Form IT-204-CP (available at www.tax.ny.gov). Partnership's information Partnership's name (as shown on Form IT•204) NEXT MANAGEMENT LLC Partnership's EIN 133495607 A Mark an X in the box if either applies to your entity Publicly traded partnership Portfolio investment partnership B Tax shelter registration number. if any Partner's information (see instructions) Partner's name THE WILCOR GROUP INC. CIO NEXT MANAGE Partner's EIN 133682060 ti rn fO O Partner's address 15 WATTS STREET Limited partner or other LLC member City NEW YORK State NY ZIP code 10013 C The partner is a mark on X In Me aPprOPrete bOx) W General partner or LLC rnember.manager U D What is the New York tax filing status of the partner? (Mark an X in the appropriate box, if known.) K C corporation ❑S corporation El Partnership E If the partner is a disregarded entity, enter the EIN of the entity reporting the Income of the partner (if known) F Did the partner sell its entire interest during the tax year? G Partner's share of profit, loss, and capital F Yes K No M Beginnin g Ending O O 1) Profit G1 2) Loss G2 3) Capital G3 27.0000% 27.0000% 27.0000% H Partner's share of kabilaies at the end of the year 1) Nonrecourse H1 2) Qualified nonrecolose financing H2 3) Recourse H3 I Partner's capital account analysis 1) Beginning capital account 11 2) Capital contributed during the year • cash 12 3) Capital contributed during the year • property 13 4) Current year increase (decrease) 14 5) Withdrawals and distributions • cash 15 6) Withdrawals and distributions • property 16 7) Ending capital account 17 8) Method of accounting mark an X in the propriate bo. El Tax basis GAAP 117001161019 III11111 Other (submit explanation) 27.0000% 27.0000% 27.0000% 258615 4849188 316326 742064 607500 450890 EFTA00806367 CE.52, V•'3.16 Page 2 of 11 IT-204-CP (2016) J Was Form CT•265&E filed with the partnership? J Yes El No K NYS estimated tax paid on behalf of partner (from RIM CT-2658) Date Amount 3) Third installment 2) Second installment K3 4) Fourth installment K4 K K2 1) First installment Total NYS estimated tax paid on behalf of partner (add fines Kt through K4) K Partner's share of entire net income (ENI) information when the corporate partner's New York tax filing status is a C corporation ENI addition modifications 1 Total additions 10 lb ic A - Number EA- EA- EA - B - Amount ENI subtraction modifications 2 Total subtractions 2a 2b 2c A - Number ES - ES - ES - B-AmoJnt td to 11 2d 2e 21 A - Number EA - EA - EA - A - Number ES - ES - ES - B - Amount 2 B - Amount Partner's proportionate part of assets and liabilities(for New York corporate partners only) 3 Total assets 4 Real property and marketable securities included on line 3 5 Real property and marketable securities at fair market value (FMV) 6 Average value of adjusted total assets 7 Total liabilities 8 Liabilities directly attributable to business capital 9 Liabilities directly attributable to investment capital MI MI MI 11111111 21161 ill' III II III Average value 3 4 5 6 7 8 9 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806368 688831 12-13.16 IT-204-CP (2016) Page 3 of 11 Partner's proportionate part of items related to investment capital under Article 9-A(forNew York C corporate partners only) Part 1 - Investment capital that generates income claimed not taxable by New York under the U.S. Constitution Description of asset (identify each asset, and enter number ol shares (if applicable) and date acquired here; for each asset complete columns D through G on the corresponding lines below; enter omy directly owned assets in items A through G) • • ror eacn nem "mei]. in columns r tnrouon t . enter me imormation tor me parmersnip as a wnore Item A • Description of asset B • Number of shares acquired, if applicable C • Date acquired A B C D E F Item 0 Number of shares sold. if applicable E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 10 Total proportionate part of columns F and G (see instructions) 10 Part 2 • Investment capital • stocks actually held more than one year Description of Investment (identitY each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date acquired A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 11 Total proportionate part of colurms F and G (see instructions) 11 IIIIIIIIII11111111161111111111 1111111 NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806369 Page 4 of 11 IT-209-CP (2016) Part 3 - Investment capital - stocks presumed held more than one year Description of Investment (identitY each investment, and enter number of shares and date acquired here; for each investment complete columns F and G on the corresponding lines below; enter only directly owned investments in items A through G) 6438832 12.13.16 Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date =wires A B C D E F Item D Number of shares sold E Date sold F Average FMV G Liabilities directly attributable H Net average FMV A B C D E F Total from additional sheet(s) and/or partnerships 12 Total proportionate part of columns F and G (see instructions) 12 Part 4 - Total Investment capital 13 Total average FMV and liabilities directly attributable (add lines 10, 11. and 12 in columns F and G) 13 Part 6 - Prior year Investment capital - stocks that did not meet holding period requirement Description of Investment (identify each investment, and enter number of shares and date acquired here; for each investment complete columns D through G on the corresponding lines below; enter only directly owned investments in items A through G) ' • rcr eacn nem owed. in columns X tnrouqn t.i. enter me imormation for me parrnersnip as a wnoie. Item A • Name/CUSIP/CINSAot number B - Number of shares acquired C • Date acquired A B C D E F ROM D Number of shares solo E Date sold F Average FMV as previously reported G Liabilities directly attributable as previously reported H I 1 A B C D E F Total from additional sheet(s) and/or partnerships . . 14 Total proportionate part of columns F and G (see instructions) 14 IIII MI iiill/161111111111 II HI NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806370 688841 17-13.16 IT-204-CP (2016) Page 5 of 11 Part 6 - Prior year gross investment income for stocks that did not meet holding period requirement 15 Prior year presumed gross investment income from stocks presumed in the prior year to be held more than one year that failed to meet the presumption (see Instructions) 15 Partner's share of items related to investment and other exempt income under Article 9-A(for New York C corporate partners only) 16 Gross exempt crossarticle dividends 17 Gross exempt controlled foreign corporation (CFC) Income 18 Gross exempt unitary corporation dividends 19 Gross investment income from investments generating income not taxable by New York State under the U.S. Constitution 20 Dividend Income from investment capital from stocks actually held more than one year 21 Net capital gains in excess of losses from investment capital from stocks actually held more than one year 22 Dividend income from investment capital from stocks presumed held more than one year 16 17 18 19 20 21 22 Partner's share of items related to interest deductions directly attributable to investment and other exempt income under Article 9-A (for New York C corporate partners only) 23 Interest expense per federal Form 1065. line 15 24 Interest deductions directly attributable to income reported on line 16 25 Interest deductions directly attributable to income reported on line 17 26 Interest deductions directly attributable to income reported on line 18 27 Interest deductions directly attributable to income reported on line 19 28 Interest deductions directly attributable to income reported on line 20 29 Interest deductions directly attributable to income reported on line 21 30 Interest deductions directly attributable to income reported on line 22 31 Interest deductions directly attributable to business capital 23 24 25 26 27 28 29 30 31 Partner's share and proportionate part of items related to subtraction modification for qualified banks 32 Qualified residential loan portfolio assets 32 33 Gross interest income from qualifying loans 33 33a Gross interest income from all loans 33a 33b Gross interest expense from all loans 331) Partner's share and proportionate part of items related to manufacturing 35a Number of employees employed in manufacturing in New York 35 Adjusted basis of qualified manufacturing property gas, and the production of steam associated with the generation of electricity E35 34 Total receipts from the sale of goods by manufacturing 34 34a Receipts received from the generation and distribution of electricity, the distribution of natural 117005161019 III IIII III I II II IIII I VIII I III II III NO HANDWRITTEN ENTRIES ON THIS FORM EFTA00806371 686842 12.13.16 Page 6 of t t IT-204-CP (2016) Partner's share of New York modifications (tor New York S corporate panners only) 36 Now York State additions Number A- Total amount 36a EA -214 7795 36b EA -201 4810 36c EA -201 29858 36d EA - 36c EA - 361 EA - 37 Total addition modifications (total of column A, lines 36a through 360 37 42463 38 New York State subtractions Number A - Total amount 38a Es -213 1253 38b ES - 38c ES - 38d ES - 38c ES - 381 [truncated]