From: Thomas Turrin

From: Thomas Turrin To: jeffrey E. <[email protected]> Subject: memo - art partnership questions Date: Mon, 18 May 2015 14:24:35 +0000 Attachments: Memon Art_Partnership_Questions_pdf.pdf Inline-Images: rem-newlogo_sm29.png; primeglobal_color_blktext_tagline4823.jpg; 2014_ipa100_webl8be.png Jeffrey, The attached memo addresses the basic questions you posed on the phone last week. I also discussed the tax status of the art partnership during Leon's life and what happens at his death. Let me know if you have further questions. I'm available to discuss later today. I happen to be at the AICPA High Net Worth tax conference in Las Vegas today and tomorrow. My cell number is below if you need me. Best, Tom THOMAS TURRIN, CPA Partner Raich Ende Malter & Co. LLP 1375 Broadway New York, New York 10018 ext 404) (Direct line) (Fax) (Cell) Email: Website: RAIC HC-1/? ENDE WALTER co. LLP CERTIFIED PUSIX ACCOUNTAMS & ADM.:MIS Public Accountin geTO 09 100 •FIRMS PrimeGlobal An Association of Independent Accounting Firms EFTA01137106 CONFIDENTIALITY STATEMENT: The information contained in this electronic communication, including any and all attachments and enclosures, may be privileged and is strictly confidential, intended solely for the use of the person(s) identified above to receive this communication. If you are not the person(s) identified above to receive this communication, you are hereby notified that you may not disclose print, copy, disseminate, or otherwise use the information contained herein. If you are an employee or agent of the person(s) identified above to receive this communication and. as such, you have been authorized to deliver this communication to such person(s), you may disclose, print. copy. disseminate. or otherwise use the information contained in this communication solely for the purpose of such delivery. Unauthorized interception andfor use of this communication arefis strictly prohibited and may be punishable by law. If you have received this communication in error. please reply and notify the sender (only) of that fact and delete the communication, including any and all attachments and enclosures. from your computer or other electronic device on which you may have received this communication. EFTA01137107