Tried both of the above and it doesn't seem to make any difference.
Here is the output from the system log:
Alexanders-iMac:~ paladine$ cat /var/log/system.log | grep -i handoff
Jan 6 11:12:00 Alexanders-iMac sharingd[422]: 11:12:00.817 : Device Capabilities (Handoff:YES, Instant Hotspot:YES, AirDrop:YES, Legacy AirDrop:YES, Remote Disc:NO)
Jan 6 11:16:09 Alexanders-iMac sharingd[422]: 11:16:09.754 : Handoff: renewCredentialsForAccount <ACAccountStore: 0xERASED>
(I erased the ACAccountStore ID).
I can use HotSpot but Handoff is not working and when I try to use AirDrop to push a file to iPhone it says:
"The Device does not have the necessary services."
Also if I copy something to the iPhone clipboard it is not available on my Hackintosh clipboard and vice-versa (if I copy something to my Hackintosh clipboard it is not available in my iPhone clipboard).