Epstein File EFTA00284039: Withheld, Arrangement and Involuntary (DS9)

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Epstein File EFTA00284039: Withheld, Arrangement and Involuntary (DS9)

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This document details asset valuation methods and property management arrangements. It describes how asset values are calculated for tax purposes and outlines a property management fee structure where a manager can subcontract property management services.

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asset property manager withheld arrangement involuntary controlled

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Excerpt 1

(b) "Asset Value" with respect to any asset means the asset's adjusted basis for federal income tax purposes, except as follows: (i) The initial Asset

Excerpt 2

(iii) The Asset Value of any Company Asset distributed to any Member shall be the gross fair market value of such asset on the date of distribution.

Excerpt 3

B 1 404348-3-W EFTA00284049 If the Asset Value of an asset has been determined or adjusted pursuant to (i), (ii), or (iv) above, such Asset Value shall