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overage (the amount of the hammer price above $6.5 million). Should we try to structure this sale as a possible 1031 exchange? We have to sign the Christie's consignment agreement today because they are at their publication deadline, but I can include a provision in the consignment agreement that allows
ect: question re: possible 1031 Date: Wed, 15 Apr 2015 13:33:53 +0000 Good morning, Jeffrey, Narrows Holdings LLC is consigning a Calder mobile to Christie's for their May 11th Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (including NY sales tax) and
chard Joslin Subject: question re: possible 1031 Date: Wed, 15 Apr 2015 13:33:53 +0000 Good morning, Jeffrey, Narrows Holdings LLC is consigning a Calder mobile to Christie's for their May 11th Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (includ
overage (the amount of the hammer price above $6.5 million). Should we try to structure this sale as a possible 1031 exchange? We have to sign the Christie's consignment agreement today because they are at their publication deadline, but I can include a provision in the consignment agreement that allows
mail.com)" [email protected]> Cc: Brad Wechsler ›, Richard Joslin Good morning, Jeffrey, Narrows Holdings LLC is consigning a Calder mobile to Christie's for their May 11 th Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (including NY sales tax) an
in ([email protected])" [email protected]> Cc: Brad Wechsler ›, Richard Joslin Good morning, Jeffrey, Narrows Holdings LLC is consigning a Calder mobile to Christie's for their May 11 th Looking Forward to the Past sale. Leon bought the Calder from PaceWildenstein in 2009 for $3,758,125 (inclu
and fickle light Paris auctions EFTA00708043 Christie's: Paris Avant-Garde Thu, 19 Oct (viewing 14-19
recent abstract paintings produced in his studio in the Catskill Mountains, inspired by lush slopes and fickle light Paris auctions EFTA00708043 Christie's: Paris Avant-Garde Thu, 19 Oct (viewing 14-19 Oct) Art Moderne Fri 20 Oct (viewing 14-20 Oct) REGARDS CROISES: COLLECTION JEAN-FRANQOIS & MARIE-AL
: Televoix Tanya Bonakdar Gallery: Lisa Oppenheim: A Durable Web The Jewish Museum: Using Walls Floors and Ceilings: Vivian Suter Whitney Museum: Calder: Hypermobility Yancey Richardson Gallery: Anthony Hernandez - closes Sat, 21 Oct Paris Bugada & Cargnel: Lise Stoufflet Romain Vicari: The Smell o
ve to tell the dealer the terms of your deal with Christie's and of the new art purchased in the exchange.
y taking advantage of the trade-in credit available to art dealers. The disadvantage is that you have to tell the dealer the terms of your deal with Christie's and of the new art purchased in the exchange. Brad and I discussed this issue and he feels, on balance, that the financial risk/reward makes it wort
, May 7, 2015 7:21 PM To: jeffrey E. Subject: RE: time sensitive question on Calder 1031 exchange I think we would have a hard time treating the Calder and the Dante as like kind. And we've already had the LLC created by the kids' trusts pay for the Dante, so it's too late. I don't know if Leon is
en with the dealer, so I can get the exchange paperw=rk out to him/her. As a reminder, you and the dealer will need to sign =he paperwork before the Christie's auction on Monday night in order =or the exchange to work. Please let me know if you have any questions.</=:p> Best, Heather Heather Gray EFT
nnot be Gagosian, Acquavella, Matthew Marks or Sublime= I'm going to go ahead and have our outside 103= counsel draft the exchange documents for the Calder. Please let me =now once you have spoken with the dealer, so I can get the exchange paperw=rk out to him/her. As a reminder, you and the dealer wil
nie, Will you please print this and give it to Leon? Thanks! Heather Hi Leon, Have you spoken with the dealer that you would like =o use for the Calder exchange? Just as a reminder, it needs to be so=eone you haven't worked with in the last two years, so it could be P=ce or Mnuchin Gallery or Zwirne
ve to tell the dealer the terms of your deal with Christie&11=217;s and of the new art purchased in the exc
message along to Leon?&nbs=; Thank you! Heather Dear Leon, I would like to briefly call to your attention a que=tion on the 1031 exchange of the Calder. We need to choose an exchange agent to be the middle=an on the exchange. We can either use an art dealer as exchange agen= or a non-art exchange a
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