# David Rasmussen Hansen

> Federal judicial disclosures.

URL: https://www.frixlaw.com/law-library/disclosures/17517

## Record

- **Judge:** David Rasmussen Hansen
- **Year:** 2011
- **Pages:** 8

## Text

Shares-Templeton Growth Fund, Inc — Int/Div — Buy
Units Consolidated Capital Limited Partnership (Y) — Part VIII
One-half interest 120-acre farm Hardin County, Iowa — Rent — Part VIII
Rental Duplex-Iowa Falls IA Sold 2005 reported 2005 report
Principal Life Insurance Policies Cash Surrender Values — Int/Div
Certificate of Deposit, Mt. Vernon Bank Mt. Vernon. Iowa — Interest
Savings Account Mt. Vernon Bank, Mt Vernon. Iowa — Interest
Savings Account Mt. Vernon Bank, Mt Vernon. Iowa — Interest
PrinFinGrpStock issued on demutualization — Int/Div
Lutheran Brhd Life Insur policies cash surrender values — Int/Div
Amerus (now Aviva) Life Insur Policy cash surrender value — Int/Div
Real Estate Contract (Sale of Rental Duplex Item 4 above) — Part VIII
Partner in Farm Rental-Partnership- See attached letter of explanation, Towa Falls, IA
Junior Warden - Saint Matthew's Episcopal Church
Agreement — 3/1/71 — Hansen and Lindsay 50-50- Farm Rental Partnership
WEPSELE avd

int

101 FIRST STREET. S.E. SUITE 304

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CEDAR RAPIDS, [OWA 52401-1230

" copy

18380

CHAMBERS OF

Hay 4,

JUDGE DAVID R. HANSEN

Honorable John H. Pratt

Chairman,

Judicial Ethics Committee

Judiciary Conference of the United States

811 Vermont Ave., N.W.

Washington, D.C

20544

Re:

WIN-GIN Farms

Dear Judge Pratt:

Your letter of April 6,

1990 is received.

In’ "1971, while a practicing lawyer in Iowa palis,

Iowa, I purchased as an investment an undivided one-

half iriterest in a 120 acre Iowa farm.:

‘The other

undivided half interast is ownéd by’

In ord

to jointly manage ouri

undiviced

interests;

and I formed a 50-50 partnership’

we call WIR<GIN Farms which is a passive conduit which

receives the cash rent from the farm, ‘pays the

insurance, taxes, and repairs, and passes through the

net rental income to each of us equally.

The

partnership does. not own thé real estate.

We do not

farm the ground but have always rented it for cash rent

to long time farmer tenants.

WIN-GIN Farms’ produces no

It.

crops, raiges no livestock, and sells noiproducts.

is the management device by which

and I

have chosen to efficiently mariage our’ égual. but

undivided interests in the real estats.

Wa both do the

occasional weekend small repairs such as fixing fence

and_painting which are required. to maintain the.

property and I prepare the annual Pederal and Iowa

state income tax returns for ‘the. partnership and see to

their filing.

The total gross income from the rents

last year was $8,100 and after expenses we nettéd Lol

$6,000 that was split equally between us.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/disclosures/17517. Public record. Not legal advice.