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d-25794House OversightFinancial Record

Jeffrey Epstein email outlines $96M art‑space deal with massive projected loss

The passage provides a concrete financial sketch (basis, projected loss, tax rates) for a high‑value art/real‑estate transaction involving Jeffrey Epstein and unnamed associates. It hints at possible Epstein discusses a $96 million basis for a combined art‑space and phaidon project. Projected long‑term loss of $90‑98 million after sale, suggesting potential tax shelter. Mentions AMT rate, Obama‑e

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #030368
Pages
1
Persons
1
Integrity
No Hash Available

Summary

The passage provides a concrete financial sketch (basis, projected loss, tax rates) for a high‑value art/real‑estate transaction involving Jeffrey Epstein and unnamed associates. It hints at possible Epstein discusses a $96 million basis for a combined art‑space and phaidon project. Projected long‑term loss of $90‑98 million after sale, suggesting potential tax shelter. Mentions AMT rate, Obama‑e

Tags

jeffrey-epsteinreal-estateart-marketfinancial-flowtax-strategyhouse-oversightpotential-money-launderingtax-avoidance

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Extracted Text (OCR)

EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
From: jeffrey E. [jeevacation@gmail.com] Sent: 4/7/2018 8:51:55 PM To: jeffrey epstein [jeevacation@ gmail.com] Subject: Fwd: draft Importance: — High a Forwarded message ---------- From: jeffrey E. <jeevacation@gmail.com> Date: Mon, Oct 26, 2015 at 7:08 PM Subject: draft To: Melanie Spinclla {Brad Wcchsicr <r phaidon and art space. combined basis 96 million , ( reviewed with brad and joe.) . add ten for restructuring . basis 106. mi. subtract total sale price. for both, lets say approx $8-15m ._ leaving loss of between 90 and 98 million long term loss. . AMT rate 28 % obama. tax 3.8%. city and state 12% total aprox 43%. tax rate. savings 38.7-44m please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

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