Note 4 - Income Taxes: Reconciliation between the Partnership's reported amounts and the Federal tax basis of net assets (Tables)

12 Months Ended

Dec. 31, 2013

Tables/Schedules

Reconciliation between the Partnership's reported amounts and the Federal tax basis of net assets

	December 31, 2013	December 31, 2012
	(in thousands)	(in thousands)
Net assets as reported	$ 769	$ 2,297
(Deduct) add:
Investment in Partnerships	(602)	(2,529)
Deferred offering costs	1,422	1,422
Receivable	2,094	2,094
Other	40	46
Net assets – Federal tax basis	$ 3,723	$ 3,330