IMPERIAL REALTY PARTNERSHIP, L.L.P.

Re: 2007 Tax Returns

SUMMARY PAGE

PLEASE SEE ATTACHED INCOME AND EXPENSES FOR BREAKDOWN

TOTAL RENTAL INCOME  $ 254,652.00

Mortgage Interest  $ 21,273.97
Property Taxes  $ 64,057.70
Interest on Taxes  $        2,404.17
Utilites  $    8,866.79
Plumbing Repairs  $ 12,117.22
Paint & Carpentry  $ 46,867.77
General Maint  $    10,898.89
Administrative Expense  $ 55,157.04
DEPRECIATION  $    ?,???.??

NET GAIN  $ 33,008.45
+ deprec.

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

12/31/06 $ 30.98

12/31/07 $ 278.42

MORTGAGE BALANCES, PLEASE SEE ATTACHED BREAKDOWN

NEW ADRESSES FOR K-1 FORMS:

DEAN JOHN IMPERIAL SS 135-74-6363
347 WEST 48TH STREET
APT. 1AR
NEW YORK, NEW YORK 10036

LEAH NOBLE (MARRIED NAME) SS 135-74-2872
421 N. ALMONDWOOD DRIVE
POST FALLS, IDAHO 83854

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

Best Regards to You.
Bill