Epstein Secrets

fore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20

et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati

long a work must have been held for investment before being exchanged. LDB 2011 LLC The LDB 2011 LLC intends to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mond

get sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operat

efore being sold. The Braque is owned by Narrows Holdings LLC (and is collateral on the Bank of America loan), so it would have to be distributed by Narrows to Leon and then contributed by Leon to the 2011 LLC in exchange for membership interests in the LLC. As indicated above, AP Narrows and the LDB 20

long a work must have been held for investment before being exchanged. LDB 2011 LLC The LDB 2011 LLC intends to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mond

show this proposed exchange. If a buyer is not found for the Mondrian, the LDB 2011 LLC has identified a Schiele (the same one identified on the AP Narrows exchange above), a Picasso (Nue Endormie) and a Braque (Le Gueridon) as alternative works to be potentially used in the exchange in the combinations

long a work must have been held for investment before being exchanged. LDB 2011 LLC The LDB 2011 LLC intends to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines 1) for a Cezanne still life (Bouteilles, Pots, Rechaud 6 Alcoa, Pommes) that it wants to acquire. The target sale price for the EFTA

et sale price for the Giacometti is $30 million and the purchase price of the Cezanne figure study is also $30 million. The first columns on the AP Narrows spreadsheet show the basis in the Giacometti, the gain that would be deferred in an exchange and the NY sales tax that would be sheltered by operati

long a work must have been held for investment before being exchanged. LDB 2011 LLC The LDB 2011 LLC intends to exchange a Mondrian that it owns (Composition with Color Planes and Grey Lines I) for a Cezanne still life (Bouteilles, Pots, Rechaud a Alcoa, Pommes) that it wants to acquire. The target sale price for the Mond