IMPERIAL REALTY PARTNERSHIP, L.L.P.

Re: 2005 Tax Returns

SUMMARY PAGE

PLEASE SEE ATTACHED INCOME AND EXPENSES FOR BREAKDOWN

TOTAL RENTAL INCOME  $ 221,940.04 Mortgage Interest  $  27,756.21 Property Taxes  $  53,374.39 Interest on Taxes  $        4,013.70 Utilites  $    5,935.57 Plumbing Repairs  $  9,624.45 Paint & Carpentry  $  35,610.35 General Maint  $    6,601.31 Administrative Expense  $  71,737.10 DEPRECIATION  $    ?,???.?? NET GAIN  $  7,286.96 + deprec. IMPORTANT NOTE: PLUS SALE FOR RIGHT OF WAY TO THE STATE OF NEW JERSEY IN THE AMOUNT OF $ 2000.00 SEE FORM 1099-S ATTACHED

DEPOSITS TO IMPERIAL REALTY PARTNERSHIP, L.L.P. FROM SAVINGS ACCOUNTS.
NOT INCOME( CAPITAL INVESTMENT )
SEE ATTACHED COPIES OF BANK CHECKS !

FROM    AMOUNT  ;DATE Hudson City Savings $  6,981.50  01/06/05 Hudson City Savings $  3,000.00  01/06/05 TOTAL DEPOSITS  $  9,981.50

IMPERIAL REALTY PARTNERSHIP,L.L.P. CHECKING ACCOUNT BALANCE:

12/31/04 $ 4,070.31

12/31/05 ($ 14.36)

MORTGAGE BALANCES, PLEASE SEE ATTACHED BREAKDOWN

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ADRESSES FOR K-1 FORMS:

DEAN JOHN IMPERIAL SS 135-74-6363
917 CLINTON STREET
APT. 1C HOBOKEN, NJ 07030

LEAH NOBLE (MARRIED NAME) SS 135-74-2872
8125 WILLOWS ROAD NE
NO E49
REDMOND, WA 98052

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PHONE: home: 973-895-3711 cell: 973-479-5870

Best Regards to You.
Bill