EFTA00598102Set 9
2007-12-1731p20,075w
Rhett Rance Smith and Alice Avila Smith, et al. v. Commissioner., U.S. Tax
Court, CCH Dec. 57,202(M), T.C. Memo. 2007-368, 94 . 574, (Dec. 17,
2007)
Rhett Rance ... Durning,
Nicholas J. Richards, Laura Beth Salant, and Chris J. Sheldon, for respondent.
RHETT RANCE SMITH AND ALICE AVILA SMITH, ET AL., ? Petitioners v. COMMISSIONER OF
INTERNAL REVENUE, Respondent.
MEMORANDUM ... Wolters Kluwer. All rights reserved.
I of 31 7/28/2011 7:40 AM
EFTA00598102
Rhett Rance & Alice Avila Smith
https://www.justice.gov/epstein/files/DataSet%209/EFTA00598102.pdf
EFTA00688337Set 9
2015-02-104p1,206w
like your tax input on the charter arrangement.
Before the 135 certification, Jet billed Rance/ Avioneta for fixed costs, variable costs and flight incidentals. Apollo would
provide a payment ... busiess related flights at a standard rate.
After the 135 certification, the plane owner (Rance/ Avioneta Holdings LLC) leases G-V to Jet Aviation (third party). The
fee that ... forth in a dry lease agreement. The net charter fee paid to Rance is $200 less
than the amount Jet receives from its clients.
From a billing perspective, Jet continues
https://www.justice.gov/epstein/files/DataSet%209/EFTA00688337.pdf
EFTA01121884Set 9
2014-05-122p279w
REVISED MAY 12, 2014
STRUCTURE CHART - N624N
Aircraft (N624N)
Aircraft Owner of Rance Acquisitions, LLC (Delaware)
Record John J. Hannan, President
V
Sole Member ofOwner Wells Fargo Bank Northwest, .
Owner ... Debra Black
(50.1%) (49.9%)
686218.0002 EAST 104785669 v3
EFTA01121884
REVISED MAY 12, 2014
Background
• Rance Acquisitions, LLC ("Rance') was originally owned by a 1031 exchange counterparty.
Ownership of the aircraft ... would have been transferredfrom Rance to the owner trustee on behalf of
Avioneta Holdings LLC ("Avioneta'), but doing so would have grounded the aircraft during a time
when the members
https://www.justice.gov/epstein/files/DataSet%209/EFTA01121884.pdf
EFTA00584090Set 9
2014-05-122p280w
REVISED MAY 12, 2014
STRUCTURE CHART - N624N
Aircraft (N624N)
Aircraft Owner of Rance Acquisitions, LLC (Delaware)
Record John J. Hannan, President
V
Sole Member ofOwner Wells Fargo Bank Northwest ... Debra Black
(50.1%) (49.9%)
686218.0002 EAST 104785669 v3
EFTA00584090
REVISED MAY 12, 2014
Background
• Rance Acquisitions, LLC ("Rance ' was originally owned by a 1031 exchange counterparty.
Ownership of the aircraft ... would have been transferredfrom Rance to the owner trustee on behalf of
Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time
when the members
https://www.justice.gov/epstein/files/DataSet%209/EFTA00584090.pdf
EFTA00583929Set 9
2014-05-122p281w
REVISED MAY 12, 2014
STRUCTURE CHART - N624N
Aircraft (N624N)
Aircraft Owner of
Record ll Rance Acquisitions, LLC (Delaware)
John J. Hannan, President
V
Sole Member of Owner Wells Fargo Bank ... Debra Black
(50.1%) (49.9%)
686218.0002 EAST 104785669 v3
EFTA00583929
REVISED MAY 12, 2014
Background
• Rance Acquisitions, LLC ("Rance ' was originally owned by a 1031 exchange counterparty.
Ownership of the aircraft ... would have been transferredfrom Rance to the owner trustee on behalf of
Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time
when the members
https://www.justice.gov/epstein/files/DataSet%209/EFTA00583929.pdf
EFTA02705556Set 11
2013-08-195p1,010w
confirm what has been the case at least since Avioneta Holdings has beneficially
owned Rance: that as among the owner trustee, Rance, Avioneta Holdings and
Leon, has exercised "Operational Control ... that certain Trust Agreement dated as of August 24,
2011 (the "Owner Trustee"); (ii) Rance Acquisitions, LLC ("Rance"); (iii) Avioneta Holdings
LLC ("Avioneta Holdings" and collectively with the Owner Trustee ... Rance, the "Contract
Parties"); and (iv) Leon D. Black (the "Individual Operator," individually, a "Party" and
collectively with the Contract Parties, the "Parties").
RECITALS:
A. The Owner Trustee, Avioneta Holdings
https://www.justice.gov/epstein/files/DataSet%2011/EFTA02705556.pdf
EFTA00593125Set 9
2013-08-314p1,052w
Lease Agreement') between Jet Aviation Flight Services, Inc. ("Air Carnet)
and Rance Acquisitions, LLC ("Lessor" and, together with the Air Carrier, the "Parties") is dated (and
for all purposes shall ... Parties ratify
and affirm the Lease Agreement as amended hereby.
(SIGNATURE PAGE FOLLOWS)
Rance MPS Amendment No. 2
EFTA00593125
IN WITNESS WHEREOF, the undersigned Parties have caused this Amendment ... year first above written.
JET AVIATION FLIGHT SERVICES, INC. RANCE ACQUISITIONS, LLC
-S„..„(V7772-
By:
Name:
By: 02.11.2015
Name: Donald J. Haloburdo
Title: Vice President & General Manager
Signature Page
https://www.justice.gov/epstein/files/DataSet%209/EFTA00593125.pdf
EFTA01071851Set 9
2011-08-3186p39,521w
this "Consent') is being entered into as of August 31, 2011, by
and among RANCE ACQUISITIONS, LLC, acting as an exchange accommodation titleholder (hereinafter
referred to as the 'EAT"), WELLS ... Island 02903 9 W. 57° Street, 43° Floor
ft Operations New York, NY 10019
RANCE ACQUISITIONS, LLC, as EAT, a WELLS FARGO BANK NORTHWEST,
Customer and Lessor NATIONAL ASSOCIATION ... 57th Street, 43gl Floor
jl ft Operations New York, NY 10019
NSW
RANCE ACQUISITIONS, LLC, as EAT, a WELLS FARGO BANK NORTHWEST,
Customer and Lessor NATIONAL ASSOCIATION
https://www.justice.gov/epstein/files/DataSet%209/EFTA01071851.pdf
EFTA01735482Set 10
2014-05-122p269w
REVISED MAY 12, 2014
STRUCTURE CHART - N624N
Aircraft Owner of Rance Acquisitions, LLC (Delaware)
Record John J. Hannan, President
Y
Sale Member ofOwner Wells Fargo Bank Northwest, N.A.
Owner Trustee ... EAST 104785669 v3
EFTA_R1_00019334
EFTA01735482
REVISED MAY 12, 2014
Background
• Rance Acquisitions, LLC ("Rance") was originally owned by a 1031 exchange counterparty.
Ownership ofthe aircraft would have been ... transferredfrom Rance to the owner trustee on behalfof
Avioneta Holdings LLC ("Avioneta"), but doing so would have grounded the aircraft during a time
when the members were using the aircraft
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01735482.pdf
EFTA01246678Set 9
2007-08-1531p5,327w
MANUEL X RODRIQUEZ - (AM), Age 41
» PERRY W RAMCE. Age 40
>» RANCE W PERRY - (AKA). Age 40
>» RANCE W PERRY • (AKA). Age 40
>» RAMCE W PERRY - (AKA), Age 40
>» RANCE ... PERRY - (AKA). Age 10
>» RANCE W PERRY - (AKA). Age 10
>» RAMCE WILLIAM PERRY - (AM). Age 40
>» RAMCE WILLIAM RAMCE - (AKA). Age 40
>» RANCE TERRY - (AKA), Age 40
>» RANCE TERRY ... RANC PERRY
» RENEE VVEIL , Age 75
»> RENEE R WEIL - (AKA), Age 75
>» RENEE R WEIL - (AKA). Age 75
>» RENEE R WEIL - (AKA), Age 75
» BRADFORD R VVEIL
» BRADFORD R VVEIL
https://www.justice.gov/epstein/files/DataSet%209/EFTA01246678.pdf
EFTA01070351Set 9
2011-08-3143p24,061w
Agreement') is dated as of August 31, 2011 (the "Closing Date"), by and among
RANCE ACQUISITIONS, LLC, acting as an exchange accommodation titleholder (hereinafter referred to as the
'EAT"), WELLS ... Island 02903 9 W. 57th Street, 43s Floor
ft Operations New York, NY 10019
RANCE ACQUISITIONS, LLC, EAT WELLS FARGO BANK NORTHWEST,
NATIONAL ASSOCIATION, not in its individual
By: TVPEAT ... Rhode Island 02903 9 W. 571" Street, 43ftl Floor
Operations New York, NY 10019
RANCE ACQUISITIONS, LLC, EAT WELLS FARGO BANK NORTHWEST,
NATIONAL ASSOCIATION, not in its individual
capacity
https://www.justice.gov/epstein/files/DataSet%209/EFTA01070351.pdf
EFTA01922079Set 10
2014-05-091p170w
statements,etc. Pleaselet me know if you woudl like to see
them. Thanks
10/10/11 Rance Use Tax ($18,270.00)
11/4/11 Rance Use Tax ($18,270.00)
12/8/11 Rance ... 1/12/12 Rance Use Tax ($18,270.00)
4/17/12 Rance Use Tax (Final) ($17,661.00)
6/22/12 Rance Use Tax (missed Jan. inv.) ($18,270.00)
11/13/12 $120,827.1
Remainder Wilmington
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01922079.pdf
EFTA00988844Set 9
2014-05-101p306w
statements,etc. Pleaselet me know if you woudl
like to see them. Thanks
10/10/11 Rance Use Tax ($18,270.00)
11/4/11 Rance Use Tax ($18,270.00)
12/8/11 Rance ... 1112/12 Rance Use Tax ($18,270.00)
4/17/12 Rance Use Tax (Final) ($17,661.00)
6/22/12 Rance Use Tax (missed Jan. inv.) ($18,270.00)
Remainder Wilmington Trust $241 $120,827.11 (John
https://www.justice.gov/epstein/files/DataSet%209/EFTA00988844.pdf
EFTA01073799Set 9
2011-08-3181p38,222w
AVIATION FLIGHT
SERVICES, INC., a Maryland corporation ("Manager").
RECITALS
A. Lender, Customers and Rance Acquisitions, LLC ("Rance") entered into, among other
things, a certain Loan and Aircraft Security Agreement ... Loan
Agreement (including any default under this Consent) and all of Customer's and Rance's representations
and warranties herein and in the Loan Agreement and all of Avioneta ... Lender's rights or remedies, or Owner Trustee's, Avioneta's or Rance's obligations,
under any of the Loan Agreement and/or the Management Agreement.
10. Miscellaneous.
(a) Governing
https://www.justice.gov/epstein/files/DataSet%209/EFTA01073799.pdf
EFTA01925650Set 10
2014-05-092p295w
statements,etc. Pleaselet me know if you woudl like to see
them. Thanks
10/10/11 Rance Use Tax ($18,270.00)
11/4/11 Rance Use Tax ($18,270.00)
12/8/11 Rance ... 1/12/12 Rance Use Tax ($18,270.00)
4/17/12 Rance Use Tax (Final) ($17,661.00)
6/22/12 Rance Use Tax (missed Jan. inv.) ($18,270.00)
11/13/12 $120,827.1
Remainder Wilmington
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01925650.pdf
EFTA02360964Set 11
2013-06-045p581w
cell
FRI.=JUNE 7, 2013 PARIS
Reminder: Rich Kahn =n holiday
<= class="MsoNormal">(Air =rance #7 Flight: 8:35am =/span>Arrive CDG Paris with IM)CANCEL?</=>
11:00am Arrive Universal ... Medical Ctr =n Boston (Ted:
<= class="MsoNormal">THURS. JUNE 20, 2013 AFRICA-SOUTH OF =RANCE
Reminder: South of =rance w/Woody June 20.22
Reminder: Ted =aptchuk "The Science of Placebo" June ... EFTA_R1_01352646
EFTA02360967
class="MsoNormal">FRI.=JUNE 21, 2013 SOUTH OF =RANCE
• class="MsoNormal">10:35am=Depart CDG on Air France #12 (Rec =oc#MVFBHJ)
12:35pm=Arrive
https://www.justice.gov/epstein/files/DataSet%2011/EFTA02360964.pdf
EFTA02520100Set 11
2013-08-304p808w
Friday, August 30, 2013 5:59 PM
To: Jeffrey Epstein
Subject: RE: FW: AVIONETA - RANCE
Jeffrey, I will have it e=rly next week.
<=p>
<=p>
<=p>
<=p>
From: Jeffrey ... Thursday, August 29, 2013 8:02 PM
To: Thomas Turrin
Subject: Re: FW: AVIONETA - RANCE
could you spreadsheet out for me the tax treatment a=suming he travels the same ... Fenn, Patrick
Cc: Eileen Alexanderson; Daigle, Brian
EFTA_R1_01656633
EFTA02520100
Subject: RE: AVIONETA - RANCE
Torn, Jet Aviation h=s begun the Part 135 certification process. They have advised
https://www.justice.gov/epstein/files/DataSet%2011/EFTA02520100.pdf
EFTA01077873Set 9
2013-03-148p4,372w
SERVICES. INC.
66 Queensway WELLS FARGO BANK NORTHWEST, N.A., AVIONETA HOLDINGS
Hong Kong LLC, RANCE ACQUISITIONS, LLC, TVPEAT. INC.
6150 SOUTH LARAMIE AVENUE
CHICAGO, IL 60638
Policy No. 12000657 issued ... AVIATION FLIGHT SERVICES, INC. WELLS FARGO BANK NORTHWEST, N.A., AVIONETA
HOLDINGS LLC, RANCE ACQUISITIONS, LLC, TVPEAT, INC.
Policy period: starting April 1, 2013 ending April 1, 2014
Such Insurance ... Kent Street WELLS FARGO BANK NORTHWEST, N.A., AVIONETA HOLDINGS
Ottawa. ON KIA 0N8 LLC, RANCE ACQUISITIONS. LLC, TVPEAT, INC.
Canada 6150 SOUTH LARAMIE AVENUE
CHICAGO. IL 60638
Policy
https://www.justice.gov/epstein/files/DataSet%209/EFTA01077873.pdf
EFTA02363482Set 11
2013-08-314p1,067w
Lease Agreement') between Jet Aviation Flight Services, Inc. ("Air Camel")
and Rance Acquisitions, LLC ("Lessor and, together with the Air Carrier, the "Parties") is dated (and
for all purposes shall ... Parties ratify
and affirm the Lease Agreement as amended hereby.
(SIGNATURE PAGE FOLLOWS)
Rance JARS Amendment No. 2
EFTA_R1_01356845
EFTA02363482
IN WITNESS WHEREOF, the undersigned Parties have caused ... year first above written.
JET AVIATION FLIGHT SERVICES, INC. RANCE ACQUISITIONS, LLC
, Q(--:( -c • //—
By:
Name: Jo J. Hart' an
By: 02.11.2015 Title: President /
Name: Donald J. Haloburdo
Title: Vice
https://www.justice.gov/epstein/files/DataSet%2011/EFTA02363482.pdf
EFTA00615426Set 9
5p1,726w
Rance Acquisitions, LLC
Executive Summary for N624N
December 2015
Financial Performance Monthly YTD YID Annual YTD Actual vs Budget
Total Costs Actual Actual Bud et Bud et r4
Fixed Costs ... Base 1,648 63,140
Price/Gal(Actual Postings) 3.54 4.12
EFTA00615426
Statement Summary
N624N-Rance Acquisitions, LLC
December 2015
Description Actual Plan Var Var% Actual Plan ... Page 1 of 1
EFTA00615427
Statement Detail
N624N-Rance Acquisitions, LLC
December 2015
Description Actual Plan Var Var% Actual Plan Var Var%
MTD MTD MID YTD YTD YTD
Wages
https://www.justice.gov/epstein/files/DataSet%209/EFTA00615426.pdf