Epstein File EFTA01372203: Asset (DS10)

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Epstein File EFTA01372203: Asset (DS10)

General DocumentDate unavailableEFTA013722031 keyword hits

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Legal or partnership document containing provisions regarding asset disposition, gain/loss computation, and depreciation calculations for tax purposes. The document specifies that gains or losses from asset disposition are computed by reference to Gross Asset Value for federal income tax purposes, regardless of adjusted tax basis differences.

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asset

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as gain or loss from the disposition of such **asset** for purposes of computing Profits or Losses; (d) Gain or loss resulting from any disposition of property

Excerpt 2

with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Gross **Asset** Value of the property

Excerpt 3

disposed of notwithstanding that the adjusted tax basis of such property differs from its Gross **Asset** Value; and (e) Depreciation shall be taken into