The other class of partners received all of the partnership's tax write offs though. Ken was planning on bringing in fixed income pensioners with a ne...d for a high, almost certain return, and high income investors interested primarily in tax write offs and asset appreciation. I thought it was brilliant, and made maximum use of catering to the diverse needs of people with money to invest. In essence, the income partners were loaning money to the risk partners, who, in turn, agreed to subordinate. " Thanks Jimmy, I'm sure Sally would love to attend, I know I will. By the way, the Marquette is ready to be registered, I've been right through her and I couldn't find anything major that needed attention. If you like we can ring Cookie the cop and arrange for him to do the necessary paperwork." Great, I'm really looking forward to driving it, it's only two more days and I turn eighteen, I had better start to get some lessons Billy, you happy to risk your life mate?" No problem, if you like we. More

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