EFTA02633369

From: Richard Kahn < Sent: Thursday, September 7, 2017 5:01 PM To: jeffrey E. Subject: Casualty Losses as Itemized Deduction > i reviewed with Alan and non business losses =re deductible for any amounts over 10% of AGI (2017 AGI thru July 31st =as projected to be 15,000,000) business casualty =osses do not have 10% threshold (STC office at 151 and AYH) i spoke with thomas =ukamel from ayh and he said they lost trees, flagpole, fencing and dock =lanking - he mentioned that building roofs were intact and only 1 they =hough was leaking.. thomas did not want to commit =o anything and wanted to stay in touch - they were curious when airport =ill be open to bring down a crew he said =his was all based on visual inspection and subject to =hange.. thomas mentioned he had ability to source =aterials from trinidad (something we may want to pursue once we know =ur damages..) https://www.irs.gov/taxtopics/tc515.html https://www.irs.gov/pub/irs-pdf/f4684.pdf https://www.irs.gov/pub/irs-pdf/i4684.pdf https://www.irs.gov/newsroom/top-10-tips-for-deducting-losses-f=om-a-disaster Richard Kahn HBRK Associates Inc. 1 EFTA_R1_01856231 EFTA02633369