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The John T. Reed Legal Defense Fund A number of people have urged me to set up a John T. Reed Legal Defense Fund to help me fight Russ Whitney and his squad of lawyers. Those people said they would contribute to it and thought many others would as well. I am encouraged by such support and thoughts. I could use the help. Even when you act as your own attorney, litigation is somewhat expensive. However, I am not going to set up such a fund. For one thing, I do not know if it would be legal. If there were a legal way to do it, I suspect there would be a bunch of paperwork, rules, bookkeeping, and so forth"”like setting up a bank account for a Little League team. Deductible? I cannot imagine that the IRS would say such contributions are deductible. Certainly I would have to apply for that status, if the rules did not obviously say no, and I expect it would be denied. Also, it sort of implies that I am a charity case. Not yet. Whitney seems to be trying to make me one, but he has not succeeded. So I am not going to set up a John T. Reed Legal Defense Fund. If anyone else sets one up, I would oppose it on the grounds that it could be nothing but an ironic scam to use my status as a scam-buster to perpetrate yet another scam. Here is how to "contribute" financially to my fight against Russ Whitney Here is my suggestion if you would like to help me fight back against Russ Whitney: buy my books and/or subscribe to my newsletter. That' a

clean transaction. You get to deduct it (assuming it is for your non-passive trade or business or investment). I have to pay income taxes on it. Think of it like those PBS pledge drives where they give you some sort of gift for various contributions. There is a comment line in my on-line shopping cart. You are welcome to put some encouragement about the Whitney suit in there. If you already have all my books and a newsletter subscription, you might buy more and donate them to a charity that IRS does says is deductible, like your local library or a college or school library. Here are some specific sugestions: "¢ Donate a copy of my Football Clock Management book to your favorite college, high school or youth football team "¢ Buy a copy of Aggressive Tax Avoidance for Real Estate Investors for your CPA "¢ Buy a copy of How to Manage Residential Property For Maximum Cash Flow and Resale Value for each of your resident managers and for your property manager "¢ Buy copies of my youth coaching books for your local youth sports teams or leagues "¢ Buy copies of Succeeding for your local school guidance counselors or young people you know "¢ Buy a copy of How to Write, Publish, and Sell Your Own How-To Book for your local library "¢ Donate copies of Fixers to your local shop teachers "¢ Buy a subscription for a college library Like I say, I very much appreciate the thought and the money would be helpful with the litigation. But I think the best way to do it for supporters to simply buy some of my products. Thanks, John T. Reed John T. Reed, a.k.a. John Reed, Jack Reed, 342 Bryan Drive, Alamo, CA 94507, Voice: 925-820-7262, Fax: 925-820-1259, www.johntreed.com

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