Dakotah Hills Offices Limited Partnership, An Arizona Limited Partnership, William M. and Dianne B. Stephens, Tax Matters Partners, et al. - Page 18

                                                                     - 18 -                                                                           

                                                                         Joined      Sec. 752                  Beginning    Ending                   
                       Partner                                   Interest  Settlement  Adjustment  Liabilities   Capital    Capital                   

                       Bankruptcy Estate of D. R. Jenkins     0.0500%                                  $8,363       ($337)       ($397)               
                       Bankruptcy Estate of Renee Jenkins        0.0500%                                8,363        (337)        (397)               
                       Bankruptcy Estate of Tim Shaftel          0.0500%                                8,363        (336)        (396)               
                       The JNC Companies                         0.8502%                              142,210      (5,727)     (6,751)                
                       Stanford Bienias                          2.8290%     2.8290%   $16,700         10,699       4,100          696                
                       Stephen K. and Lindy Brigham              2.8290%     2.8290%      16,700       10,699       4,100          696                
                       Courtney Investment Co.                   2.8290%                               10,699       4,100       696                   
                       Vito and Christine Del Deo                2.8290%     2.8290%      16,700       10,699       4,100          696                
                       Philip De Marie                           5.6580%                               21,398       8,201        1,391                
                       Bert and Ann Ferganchick                  8.4850%     8.4850%      50,083       32,089      12,317        2,105                
                       Eugene W. and Leta Marie Friesen          2.8290%                               10,699       4,100          696                
                       Bankruptcy Estate of D. R. Jenkins        1.4145%                                5,349       2,049          347                
                       The JNC Companies                         9.8992%                               37,437      14,079        2,164                
                       Gary Johnson                              2.8290%     2.8290%      16,700       10,699       4,100          696                
                       Woodrow J. Johnson                        2.8290%     2.8290%      16,700       10,699       4,100          696                
                       Scott W. Langlee                          1.4142%     1.4142%      38,682        5,348       2,918        1,216                
                       Antonio and Yolanda Leon                  2.8290%                               10,699       4,101          697                
                       Henry L. Leyva                            2.8290%                               10,699       4,100          696                
                       Belverd E. Needles                        2.8290%     2.8290%      16,700       10,699       4,100          696                
                       Hartley E. Newkirk                        0.0000%                                5,336       2,076       -0-                   
                       Peter D. Beren                            0.0000%                                5,336       2,076          -0-                
                       R. Luther and Roberta Rae Olson           2.8290%                               10,699       4,100          696                
                       Donald T. and Karen R. Pierce             2.8290%                               10,699       4,100          696                
                       Carroll A. and Marilyn Rinehart           5.6570%     5.6570%      33,393       21,394       8,207        1,399                
                       Bankruptcy Estate of Tim Shaftel          2.8290%                               10,699       4,100          696                
                       William M. and Diane Stephens             5.6570%     5.6570%      33,393       21,394       8,207        1,399                
                       George S. and Beverly M. Wilson           2.8290%     2.8290%      16,700       10,699       4,100          696                
                       John S. Woodbridge II                     2.8290%                               10,699       4,100          696                
                       Harry Orville Woody                       2.8290%                               10,699       4,100          696                
                       Douglas J. Bol                            1.4142%     1.4142%      39,837        5,348       1,763         61                  
                       Andrew W. Richardson                      1.4142%     1.4142%      39,838        5,348       1,762           60                
                       Stephen J. Moddelmog                      2.8290%                               10,699       4,101          697                
                       Victor Montgomery                         5.6570%     5.6570%      33,393       21,394       8,207        1,399                
                       Bankruptcy Estate of Renee Jenkins        1.4145%                                5,349       2,050          348                
                       Admiral Insurance Company                 2.8220%                               10,699         -0-          759                
                                                               ________ ________    _______   _______   _______     ______                            
                                                               100.0000%    49.5016%     385,519      552,401   136,877         16,541                





                              The FPAA issued to Dakotah Hills states that                                                                            

                      respondent determined an adjustment to the partnership’s                                                                        

                      1989 return in the amount of $385,519.  It describes the                                                                        

                      nature of that adjustment as follows:                                                                                           



                              IRC Section 752(b) Distribution                                                                                         











Page:  Previous  8  9  10  11  12  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  Next

Last modified: May 25, 2011