From: jeffrey E. <[email protected]> Sent: Friday, September 16, 2016 8:11 PM To: William Blum Subject: Re: FW: Capital Gain provision/PR Act 22 equivalent you are right. let me think? <=iv class="gmail_extra"> On Fri, Sep 16, 20=6 at 4:04 PM, William Blue wrote: OK. From a federal perspective any property that you owned when =ou arrived could be made free of capital gains taxes by the VI once ten ye=rs has passed. Do you have unrealized gains in such property? =ow long have you owned it? What about other property?<=span> We need to come up with a method that could =ttract new residents but does not overly benefit existing residents or it =ill be attacked as harming revenues instead of enhancing them. So we=have to come up with a way to narrow benefits for existing residents.</=> Bill William Blum I=Partner SOLOMON BLUM HEYMANN LLP =AO =C2 =A0 New York, NY 10005 Tel =td style="padding:0in 0in 0in 0in"> Email =C2 =A0 From:=span style="font-size:10.0pt;font-family:"Tahoma","sans-s=rif""> jeffrey E. [mailto:[email protected] <mailto:[email protected]> j Sent: Friday, Septemb=r 16, 2016 4:00 PM To: William Blum 1 EFTA_R1_01551368 EFTA02451712