Epstein Secrets

Rance Acquisitions, LLC ("Rance ' was originally owned by a 1031 exchange counterparty. Ownership of the aircraft would have been transferred from Rance to the owner trustee on behalf of Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time when the members

LDB"), granting LDB a non- exclusive lease of the aircraft for Part 91 operations. • Amended and Restated Aircraft Management Agreement among JAFS, Rance and LDB, substituting LDB for Avioneta Holdings as operator for Part 91 operations. • Non-Exclusive Aircraft Dry Lease Agreement between Rance and

nded the aircraft during a time when the members were using the aircraft. o Instead, there was a series of transfers of the membership interests of Rance that resulted in the current ownership structure. • The Aircraft Management Agreement with Jet Aviation Flight Services ("JAFS') executed in Augus

s operator for Part 91 operations. • Non-Exclusive Aircraft Dry Lease Agreement between Rance and JAFS, establishing JAFS as the "Air Carrier" for Pan 135 operations. • Consent to each of the foregoing by Banc of America Leasing & Capital, LLC as lender. EFTA00583930

Rance Acquisitions, LLC ("Rance ' was originally owned by a 1031 exchange counterparty. Ownership of the aircraft would have been transferred from Rance to the owner trustee on behalf of Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time when the members

LDB"), granting LDB a non- exclusive lease of the aircraft for Part 91 operations. • Amended and Restated Aircraft Management Agreement among JAFS, Rance and LDB, substituting LDB for Avioneta Holdings as operator for Part 91 operations. • Non-Exclusive Aircraft Dry Lease Agreement between Rance and

nded the aircraft during a time when the members were using the aircraft. o Instead, there was a series of transfers of the membership interests of Rance that resulted in the current ownership structure. • The Aircraft Management Agreement with Jet Aviation Flight Services ("JAFS') executed in Augus

s operator for Part 91 operations. • Non-Exclusive Aircraft Dry Lease Agreement between Rance and JAFS, establishing JAFS as the "Air Carrier" for Pan 135 operations. • Consent to each of the foregoing by Banc of America Leasing & Capital, LLC as lender. EFTA00584091

ment services agreement with Jet Aviation. Avioneta would be owned by you and Debra. Wells Fargo (initial trustee for purposes of a failed 1031 and Rance (current owner of plane) would disappear. 9. To us (and the experts) this is a close call but with 135 being the favorable route. Please note, howe

e finv (actual sales) of a G-V was approximately $14MM. Today, the average asking price market is $13MM. 2. Currently the plane is registered under Pan 135 as part of chartering business which means all flights "technically" can be business related, thereby maximizing deductions. Last year because of v