To: jeevacationtkimail.com[jeevacation@gmail.com]; Jeffrey Epsteinueevacation@gmail.com]
From: Harry Beller
Sent: Wed 2/22/2012 4:18:45 PM
Subject: Fwd: RESPONSE REQUIRED - 2011 Fortress Value Recovery Fund I LLC Composite Return
Elections & New York State Withholding Exemption Certificate
Jeffrey
In the past pursuant to George Delson, Jeepers NEVER elected to be included in the composite
state tax return filings. He was concerned that by being included in the tax composite filings we
may incur NYS residency issues.
Also, in the past an investor wishing to be included in the composite return was required to make
an election to be included. If no election was made then the investor was not included by default
in the composite filing.
IS it ok to complete the submission below that Jeepers does not
want to be included in the composite state tax return filings or
should I not respond at all to this email. ( I was told by Brian
McGrath of Fortress, that Fortress would like to have a completed submission from me for their
records. Nevertheless, even if I don't respond Jeepers will not be included in the composite
return).
thanks
Harry
Begin forwarded message:
From: Fortress VRF Investor Relations
Date: Janus 31 2012 7:04:06 PM EST
To:
Subject: RESPONSE REQUIRED - 2011 Fortress Value Recovery
Fund I LLC Composite Return Elections & New York State
Withholding Exemption Certificate
Dear Investor,
This email pertains to your investment in Fortress Value Recovery Fund I LLC ("the
Fund"). Its purpose is to alert you to potential state income tax filings since the Fund
expects to file state tax returns in multiple jurisdictions, and to report state source
income in those jurisdictions. As an investor, you may be eligible to elect and participate
in a state composite tax return. If you are eligible and choose to participate in the
composite returns, please click on the link below to make your composite elections. If
you do not wish to participate in the composite tax returns, please click on the link below
and select "I do not elect to participate in composite tax returns for this Fund".
EFTA_R1_00474597
EFTA01984540
https://compositetax.fortress.com/main.asnx?id=VRFP8PX6SP
Upon completion of your submission, please print, sign and return your s stem
generated Composite Return Election Form by mail to Nicole White at
New York, NY 10105, by February 29, 2012.
Please note, in order to timely file and remit the proper state tax payments,
we cannot accept submissions or changes after February 29, 2012.
Pi a n hesitate to contact Brian McGrath at or Nicole White at
with any questions.
Fortress VRF Advisors I LLC
Fortress VRF Investor Relations
MM.
EFTA_R1_00474598
EFTA01984541