David Rasmussen Hansen
2010
Ask Donna
Pull out the substance of this filing.
What was filed
12
investments
1
positions
0
gifts
1
agreements
0
debts
0
reimbursements
0
income
0
spouse income
Named parties
- Part VIII
- lowa Falls, IA
As filed
Shares-Templeton Growth Fund, Inc — Int/Div — Bght
Units Consolidated Capital Limited Partnership — Part VIII
One-halfinterest” farm Hardin County, lowa — Rent
Rental Duplex-lowa Falls IA Sold 2005- reported 2005 report
Principal Life Insurance Policies Cash Surrender Values — None
Certificate of Deposit, Mt. Vemon Bank, Mt. Vemon, lowa — Interest
Savings Account Mt. Vemon Bank, Mt Vemon. lowa — Interest
Savings Account Mt. Vemon Bank, Mt Vemon, lowa — Interest
PrninFinGrpStock issued on demutualization — Int/Div
Lutheran Brhd Life Insur policies cash surr value — None
Amerus Life Insur Policy cash surrender value — None
Real Estate Contract (Sale of Rental Duplex #4 above) — Interest — Part VIII
Partner in Farm Rental-Partnership-See attached letter of explanation, lowa Falls, IA
Agreement — 1.3/1/71 — Hansen and Lindsay 50-50 Farm Partnership
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 Falls,
Iowa, I purchased as an investment an undivided one-
half interest in a 120 acre Iowa farm
The other
undivided half interest is owned by
In ord
to jointly manage our: un
vided
interests;
and I formed a 50-50 partnershi
we call WIN-GIN Farms which is a passive conduit which
receives the cdsh rent from the farm, pays the
insurance,
taxes, and repairs, and passes through the
nat rental income to each of us equally.
The
partnership does not own tha real estate.
we do not
arm the grourid but have always rented it for cash rent
to long time farmer tenants.
WIN-GIN Farms" produces no
It
crops,
raises no livestock, and sells no:products.
is the management device by which
and I
hava chosen to afficiently manage our équal
- but
undivided interests in the real estate.
We 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 Federal 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 wa netted about
$6,000 that was split equally between us.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.