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From: Barry J. Cohen Ps Sent: 10/2/2017 9:17:38 PM To: jeffrey E. [jeevacation@gmail.com] Subject: RE: Plane management Importance: — High On our to-do list, but back of the envelope, we satisfied ourselves that after depreciation, we would show a profit. (In part because Apollo charter payments factor in depreciation.) From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Monday, October 02, 2017 5:14 PM To: Barry J. Cohen <i i> Subject: Re: Plane management did anyone provide you with a biz plan that shows the proposal will generat a profit ? On Mon, Oct 2, 2017 at 4:30 PM, Barry J. Cohen . = =—Sti(i‘C‘é;éizéS wrote: Adding Internet and possibly changing cushions. | recommended we do it with the 4 year inspection in the spring, but haven’t heard back from him. | think | talked him out of automating the divans. | agreed with what you said about that. From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Monday, October 02, 2017 4:29 PM To: Barry J. Cohen <x > Subject: Re: Plane management isnt he changing the cushions? etc and adding internet? On Mon, Oct 2, 2017 at 4:23 PM, Barry J. Cohen- <i wrote: Ah yes. From: jeffrey E. [mailto:jeevacation@gmail.com] Sent: Monday, October 02, 2017 4:23 PM To: Barry J. Cohen <a Subject: Re: Plane management new depreciation rules proposed under trump On Mon, Oct 2, 2017 at 4:13 PM, Barry J. Cohen hii wrote: GV is in inspection and going well. Not sure what renovations you mean? On depreciation, we think we cannot use accelerated due to foreign travel preponderance, and obviously can’t use bonus because not new. We think we are stuck with straight-line depreciation which will be passive. Are you saying that Jet vs. EJM could hinge on the type of plane usage? Not sure | follow that. HOUSE_OVERSIGHT_026221