2015 ENDING COST BASIS CALCULATION 2014 Ending Basis 307,612.00 2015 Taxable Income 69,204.00 2015 2015 Redeption -263,200.00 2015 2015 Tax Dist -103,680.00 ----------- 2015 ENDING BASIS 9,936.00 2016 ENDING COST BASIS CALCULATION 2015 Ending Basis: 9,936.00 2016 Taxable Income 366,450.00 (based on (15,460,000/1,476,959)*35,000 2016 Redemption -95,505.00 2016 Tax Dist -75,984.00 2016 Regular Dist -101,975.88 ----------- 2016 Ending Basis 102,922.00 Estimate Estimated 2016 Taxable Income Allocable to Unitholders Ordinary loss (28,098,000) Net rental income 138,000 Interest 419,000 Section 1231 gain 43,232,000 Charitable contributions (231,000) ------------ Taxable income 15,460,000 Estimated passive losses carried forward to 2016 (2,507,000) ------------ Net taxable income 12,953,000 Weighted average number of units 1,476,959 Estimated 2016 Taxable Income Per Unit 8.77