U.S. Return of Partnership Income. ending, 20. G See separate instructions. E Date business started or type.

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1 U.. eturn of ship ncome MB No Form 1065 For calendar year 2010, or tax year beginning, 2010, Department of the Treasury nternal evenue ervice ending, 20. ee separate instructions Principal business activity D mployer identification number Consultant cc B Principal product or service Print Victoria treet Date business started or type. Construction Carson, C /01/2009 C Business code number F Total assets (see instrs) $ 183,267. Check applicable boxes: (1) nitial return (2) Final return (3) Name change (4) ddress change (5) mended return (6) Technical termination ' also check (1) or (2) H Check accounting method: (1) Cash (2) ccrual (3) ther (specify) Number of chedules K-1. ttach one for each person who was a partner at any time during the tax year J Check if chedules C and M-3 are attached Caution. nclude only trade or business income and expenses on lines 1a through 22 below. ee the instructions for more information. 1a ross receipts or sales a 250,000. b ess returns and allowances b 1c 250, Cost of goods sold (chedule, line 8) N 3 ross profit. ubtract line 2 from line 1c ,000. C 4 rdinary income (loss) from other partnerships, estates, and trusts (attach statement) M 4 5 Net farm profit (loss) (attach chedule F (Form 1040)) N T U C T 6 Net gain (loss) from Form 4797, Part, line 17 (attach Form 4797) ther income (loss) (attach statement) Total income (loss). Combine lines 3 through alaries and wages (other than to partners) (less employment credits) uaranteed payments to partners epairs and maintenance Bad debts D 13 ent Taxes and licenses D U N 15 nterest C 16a Depreciation (if required, attach Form 4562) a T F b ess depreciation reported on chedule and elsewhere on return b 16c 17 Depletion (Do not deduct oil and gas depletion.) N 18 etirement plans, etc , , , ,000. 4,000. M T T ign Here 19 mployee benefit programs ther deductions (attach statement) ee tatement N 21 Total deductions. dd the amounts shown in the far right column for lines 9 through Paid Preparer Use nly 22 rdinary business income (loss). ubtract line 21 from line Under penalties of perjury, declare that have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than general partner or limited liability company member manager) is based on all information of which preparer has any knowledge. May the discuss this return with the preparer shown below (see instrs)? ignature of general partner or limited liability company member manager Date Yes No Print/Type preparer's name Preparer's signature Date Check if PTN self-employed Firm's name Firm's N Firm's address Non-Paid Preparer Phone no. 4, , ,600. B For Paperwork eduction ct Notice, see separate instructions. PTP /18/11 Form 1065 (2010)

2 Form 1065 (2010) cc Page 2 chedule Cost of oods old (see the instructions) 1 nventory at beginning of year Purchases less cost of items withdrawn for personal use Cost of labor dditional section 263 costs (attach statement) ther costs (attach statement) Total. dd lines 1 through nventory at end of year Cost of goods sold. ubtract line 7 from line 6. nter here and on page 1, line a Check all methods used for valuing closing inventory: (i) Cost as described in egulations section (ii) ower of cost or market as described in egulations section (iii) ther (specify method used and attach explanation) b Check this box if there was a writedown of 'subnormal' goods as described in egulations section (c) c Check this box if the F inventory method was adopted this tax year for any goods (if checked, attach Form 970) d Do the rules of section 263 (for property produced or acquired for resale) apply to the partnership? Yes No e Was there any change in determining quantities, cost, or valuations between opening and closing inventory? Yes No f 'Yes,' attach explanation.. chedule B ther nformation 1 What type of entity is filing this return? Check the applicable box: Yes No a Domestic general partnership b Domestic limited partnership c Domestic limited liability company d Domestic limited liability partnership e Foreign partnership f ther t any time during the tax year, was any partner in the partnership a disregarded entity, a partnership (including an entity treated as a partnership), a trust, an corporation, an estate (other than an estate of a deceased partner), or a nominee or similar person? a t the end of the tax year: Did any foreign or domestic corporation, partnership (including any entity treated as a partnership), trust, or tax-exempt organization own, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership? For rules of constructive ownership, see instructions. f 'Yes,' attach chedule B-1, nformation on s wning 50% or More of the ship b Did any individual or estate own, directly or indirectly, an interest of 50% or more in the profit, loss, or capital of the partnership? For rules of constructive ownership, see instructions. f 'Yes,' attach chedule B-1, nformation on s wning 50% or More of the ship a t the end of the tax year, did the partnership: wn directly 20% or more, or own, directly or indirectly, 50% or more of the total voting power of all classes of stock entitled to vote of any foreign or domestic corporation? For rules of constructive ownership, see instructions. f 'Yes,' complete (i) through (iv) below (i) Name of Corporation (ii) mployer dentification Number (if any) (iii) Country of ncorporation (iv) Percentage wned in Voting tock b wn directly an interest of 20% or more, or own, directly or indirectly, an interest of 50% or more in the profit, loss, or capital in any foreign or domestic partnership (including an entity treated as a partnership) or in the beneficial interest of a trust? For rules of constructive ownership, see instructions. f 'Yes,' complete (i) through (v) below (i) Name of ntity (ii) mployer dentification Number (if any) (iii) Type of ntity (iv) Country of rganization (v) Maximum Percentage wned in Profit, oss, or Capital PTP /18/11 Form 1065 (2010)

3 Form 1065 (2010) cc Page 3 Yes No 5 Did the partnership file Form 8893, lection of ship evel Tax Treatment, or an election statement under section 6231(a)(1)(B)(ii) for partnership-level tax treatment, that is in effect for this tax year? ee Form 8893 for more details Does this partnership satisfy all four of the following conditions? a The partnership's total receipts for the tax year were less than $250,000. b The partnership's total assets at the end of the tax year were less than $1 million. c chedules K-1 are filed with the return and furnished to the partners on or before the due date (including extensions) for the partnership return. d The partnership is not filing and is not required to file chedule M f 'Yes,' the partnership is not required to complete chedules, M-1, and M-2; tem F on page 1 of Form 1065; or tem on chedule K-1. 7 s this partnership a publicly traded partnership as defined in section 469(k)(2)? During the tax year, did the partnership have any debt that was cancelled, was forgiven, or had the terms modified so as to reduce the principal amount of the debt? Has this partnership filed, or is it required to file, Form 8918, Material dvisor Disclosure tatement, to provide information on any reportable transaction? t any time during calendar year 2010, did the partnership have an interest in or a signature or other authority over a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ee the instructions for exceptions and filing requirements for Form TD F , eport of Foreign Bank and Financial ccounts. f 'Yes,' enter the name of the foreign country.. 11 t any time during the tax year, did the partnership receive a distribution from, or was it the grantor of, or transferor to, a foreign trust? f 'Yes,' the partnership may have to file Form 3520, nnual eturn To eport Transactions With Foreign Trusts and eceipt of Certain Foreign ifts. ee instructions a s the partnership making, or had it previously made (and not revoked), a section 754 election? ee instructions for details regarding section 754 election. b Did the partnership make for this tax year an optional basis adjustment under section 743(b) or 734(b)? f 'Yes,' attach a statement showing the computation and allocation of the basis adjustment. ee instructions c s the partnership required to adjust the basis of partnership assets under section 743(b) or 734(b) because of a substantial built-in loss (as defined under section 743(d)) or substantial basis reduction (as defined under section 734(d))? f 'Yes,' attach a statement showing the computation and allocation of the basis adjustment. ee instructions Check this box if, during the current or prior tax year, the partnership distributed any property received in a like-kind exchange or contributed such property to another entity (other than entities wholly-owned by the partnership throughout the tax year) t any time during the tax year, did the partnership distribute to any partner a tenancy-in-common or other undivided interest in a partnership property? f the partnership is required to file Form 8858, nformation eturn of U.. Persons With espect To Foreign Disregarded ntities, enter the number of Forms 8858 attached. ee instructions 16 Does the partnership have any foreign partners? f 'Yes,' enter the number of Forms 8805, Foreign 's nformation tatement of ection 1446 Withholding Tax, filed for this partnership. 17 nter the number of Forms 8865, eturn of U.. Persons With espect to Certain Foreign ships, attached to this return Designation of Tax Matters (see the instructions) nter below the general partner designated as the tax matters partner (TMP) for the tax year of this return: Name of designated TMP f the TMP is an entity, name of TMP representative ddress of designated TMP dentifying number of TMP Beverly Driver Victoria treet Carson, C Phone number of TMP Form 1065 (2010) PTP /18/11

4 Form 1065 (2010) cc Page 4 chedule K s' Distributive hare tems Total amount 1 rdinary business income (loss) (page 1, line 22) , Net rental real estate income (loss) (attach Form 8825) ncome (oss) 3a ther gross rental income (loss) b xpenses from other rental activities (attach stmt) c ther net rental income (loss). ubtract line 3b from line 3a uaranteed payments nterest income Dividends: a rdinary dividends a b Qualified dividends b 7 oyalties Net short-term capital gain (loss) (attach chedule D (Form 1065)) a Net long-term capital gain (loss) (attach chedule D (Form 1065)) a b Collectibles (28%) gain (loss) b c Unrecaptured section 1250 gain (attach statement) Net section 1231 gain (loss) (attach Form 4797) ther income (loss) (see instructions) Type ection 179 deduction (attach Form 4562) Deductions 13a Contributions ee tatement a b nvestment interest expense b c ection 59(e)(2) expenditures: (1) Type (2) mount 13c (2) d ther deductions (see instructions). Type 13d elf- mployment Credits 14a Net earnings (loss) from self-employment a b ross farming or fishing income b c ross nonfarm income c 15a ow-income housing credit (section 42(j)(5)) a b ow-income housing credit (other) b c Qualified rehabilitation expenditures (rental real estate) (attach Form 3468) c d ther rental real estate credits (see instructions). Type 15d e ther rental credits (see instructions) Type 15e f ther credits (see instructions) Type 15f 16a Name of country or U.. possession.. b ross income from all sources b c ross income sourced at partner level Foreign gross income sourced at partnership level d Passive category e eneral category f ther Foreign Trans- Deductions allocated and apportioned at partner level actions g nterest expense h ther Deductions allocated and apportioned at partnership level to foreign source income i Passive category j eneral category kther k l Total foreign taxes (check one): Paid ccrued 16l meduction in taxes available for credit (attach statement) n ther foreign tax information (attach statement) a Post-1986 depreciation adjustment a lternative b djusted gain or loss b Minimum c Depletion (other than oil and gas) c Tax (MT) d il, gas, and geothermal properties ' gross income d tems e il, gas, and geothermal properties ' deductions e f ther MT items (attach stmt) f 18a Tax-exempt interest income a b ther tax-exempt income b ther nformation c Nondeductible expenses c 19a Distributions of cash and marketable securities a b Distributions of other property b 20a nvestment income b nvestment expenses c ther items and amounts (attach stmt) B Form 1065 (2010) 3a 3b 9c 3c 16c 16f 16h 16m 20a 20b 23,000. 5, , ,000. 1, ,800. 2, ,000. PTP /24/10

5 Form 1065 (2010) cc Page 5 nalysis of Net ncome (oss) 1 Net income (loss). Combine chedule K, lines 1 through 11. From the result, subtract the sum of chedule K, lines 12 through 13d, and 16l nalysis by partner type: 133,267. (i) Corporate (ii) ndividual (iii) ndividual (iv) ship (v) xempt (vi) Nominee/ther (active) (passive) organization a eneral partners.... b imited partners , ,133. chedule Balance heets per Books Beginning of tax year nd of tax year ssets (a) (b) (c) (d) 1 Cash , ,267. 2a Trade notes and accounts receivable b ess allowance for bad debts nventories U.. government obligations Tax-exempt securities ther current assets (attach stmt) Mortgage and real estate loans ther investments (attach stmt) ee t a Buildings and other depreciable assets b ess accumulated depreciation a Depletable assets b ess accumulated depletion and (net of any amortization) a ntangible assets (amortizable only) b ess accumulated amortization ther assets (attach stmt) Total assets iabilities and Capital 15 ccounts payable Mortgages, notes, bonds payable in less than 1 year ther current liabilities (attach stmt) ll nonrecourse loans Mortgages, notes, bonds payable in 1 year or more , ,000. 3, , , , ther liabilities (attach stmt) s' capital accounts , , Total liabilities and capital , ,267. chedule M-1 econciliation of ncome (oss) per Books With ncome (oss) per eturn Note. chedule M-3 may be required instead of chedule M-1 (see instructions). 1 Net income (loss) per books , ncome recorded on books this year not 2 ncome included on chedule K, lines 1, included on chedule K, lines 1 through 2, 3c, 5, 6a, 7, 8, 9a, 10, and 11, not 11 (itemize): recorded on books this year (itemize): a Tax-exempt interest... $ 3 uaranteed pmts (other than health insurance) xpenses recorded on books this year not included on chedule K, lines 1 through 13d, and 16l (itemize): a Depreciation $ b Travel and entertainment $ 2, , Deductions included on chedule K, lines 1 through 13d, and 16l, not charged against book income this year (itemize): a Depreciation..... $ 8 dd lines 6 and , ncome (loss) (nalysis of Net ncome (oss), line 1). 5 dd lines 1 through ,267. ubtract line 8 from line ,267. chedule M-2 nalysis of s' Capital ccounts 1 Balance at beginning of year , Distributions: a Cash , Capital contributed: a Cash b Property b Property ther decreases (itemize): 3 Net income (loss) per books , ther increases (itemize):. 8 dd lines 6 and , dd lines 1 through , Balance at end of year. ubtract line 8 from line ,267. PTP /24/10 Form 1065 (2010)

6 chedule K (Form 1065) For calendar year 2010, or tax Department of the Treasury nternal evenue ervice year beginning, 2010 ending, 's hare of ncome, Deductions, Credits, etc. ee separate instructions. B C D F Part nformation bout the ship ship's employer identification number ship's name, address, city, state, and ZP code cc Victoria treet Carson, C Center where partnership filed return gden, UT Part Check if this is a publicly traded partnership (PTP) nformation bout the 's identifying number 's name, address, city, state, and ZP code Final K-1 mended K-1 MB No Part 's hare of Current Year ncome, Deductions, Credits, and ther tems 1 rdinary business income (loss) 15 Credits 61, Net rental real estate income (loss) 3 ther net rental income (loss) 16 Foreign transactions 4 uaranteed payments 23, nterest income 6a rdinary dividends 6b Qualified dividends 7 oyalties 8 Net short-term capital gain (loss) 2,500. 9a Net long-term capital gain (loss) 17-2,166. 9b Collectibles (28%) gain (loss) 9c Unrecaptured section 1250 gain lternative minimum tax (MT) items Bill Hammer Victoria treet Carson, C ther income (loss) C 1,000. eneral partner or C imited partner or other member-manager C member H Domestic partner Foreign partner 10 Net section 1231 gain (loss) 18 Tax-exempt income and nondeductible expenses J What type of entity is this partner? ndividual 's share of profit, loss, and capital (see instructions): Beginning nding Profit 50 % 50 % oss 50 % 50 % Capital 50 % 50 % 12 ection 179 deduction 6, ther deductions Distributions 12, ther information K 's share of liabilities at year end: Nonrecourse $ Qualified nonrecourse financing $ ecourse $ 14 elf-employment earnings (loss) 84,800. M 's capital account analysis: Beginning capital account $ Capital contributed during the year.... $ Current year increase (decrease) $ Withdrawals and distributions $ nding capital account $ Tax basis P ection 704(b) book ther (explain) Did the partner contribute property with a built-in gain or loss? Yes No f 'Yes', attach statement (see instructions) 50, ,134. ( 12,500.) 91,634. *ee attached statement for additional information. F U N Y B For Paperwork eduction ct Notice, see nstructions for Form chedule K-1 (Form 1065) PTP /25/11

7 chedule K (Form 1065) For calendar year 2010, or tax Department of the Treasury nternal evenue ervice year beginning, 2010 ending, 's hare of ncome, Deductions, Credits, etc. ee separate instructions. B C D F Part nformation bout the ship ship's employer identification number ship's name, address, city, state, and ZP code cc Victoria treet Carson, C Center where partnership filed return gden, UT Part Check if this is a publicly traded partnership (PTP) nformation bout the 's identifying number 's name, address, city, state, and ZP code Final K-1 mended K-1 MB No Part 's hare of Current Year ncome, Deductions, Credits, and ther tems 1 rdinary business income (loss) 15 Credits 61, Net rental real estate income (loss) 3 ther net rental income (loss) 16 Foreign transactions 4 uaranteed payments 5 nterest income 6a rdinary dividends 6b Qualified dividends 7 oyalties 8 Net short-term capital gain (loss) 2,500. 9a Net long-term capital gain (loss) 17-2,167. 9b Collectibles (28%) gain (loss) 9c Unrecaptured section 1250 gain lternative minimum tax (MT) items Beverly Driver Victoria treet Carson, C ther income (loss) C 1,000. eneral partner or C imited partner or other member-manager C member H Domestic partner Foreign partner 10 Net section 1231 gain (loss) 18 Tax-exempt income and nondeductible expenses J What type of entity is this partner? Fiduciary 's share of profit, loss, and capital (see instructions): Beginning nding Profit 50 % 50 % oss 50 % 50 % Capital 50 % 50 % 12 ection 179 deduction 6, ther deductions Distributions 12, ther information K 's share of liabilities at year end: Nonrecourse $ Qualified nonrecourse financing $ ecourse $ 14 elf-employment earnings (loss) M 's capital account analysis: Beginning capital account $ Capital contributed during the year.... $ Current year increase (decrease) $ Withdrawals and distributions $ nding capital account $ Tax basis P ection 704(b) book ther (explain) Did the partner contribute property with a built-in gain or loss? Yes No f 'Yes', attach statement (see instructions) 50, ,133. ( 12,500.) 91,633. *ee attached statement for additional information. F U N Y B For Paperwork eduction ct Notice, see nstructions for Form chedule K-1 (Form 1065) PTP /25/11

8 2010 Capital ccount econciliation Page 1 Client CC433H cc /21/11 02:58PM FD NY F PTN' CPT CCUNT Number Name Beginning Capital ccount Capital Contributed during the year 's share of lines 3, 4, and 7 Fm 1065,ch. M-2 Withdrawals and Distributions nding Capital ccount 1 Bill Hammer 50, , , , Beverly Driver 50, , , ,633. Totals 100, , , ,267. PTP /09/04

9 2010 s' llocation Percentages Page 1 Client CC433H cc /21/11 02:58PM Number Name dentification Number Percentage of Profit haring Percentage of oss haring Percentage of wnership of Capital 1 Bill Hammer Beverly Driver Totals PTP /17/03