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. Luckily, I can partially see next door’s driveway from the window of my study. So, when I heard our neighbour pull up in her Mercedes, naturally, I could not resist a first peek. Standing back from the window, I watched as she carefully swung her legs out of the driver’s door and leant in to gather her things. Yes! She was ‘lovely’ alright. Conservative business clothes and trousers, but obviously a nice figure. As she turned to close the car door, she seemed to glance upwards towards my room.. More

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