These are our flagship funds. They are usually based on a package of multiple nomad units and a transmission pipeline unit. The tax benefits are taken in the year the equipment is deployed. Our investors will get a fixed preferred payout for seven years so that we are not concerned about exceeding the expected life of the equipment. These funds use 50% leverage to allow for a 2x tax benefit against ordinary or w2 income. The fund manager covers all costs of running the fund so that the investor takes 100% of the tax benefits. For the investor to take the bonus depreciation against ordinary income, they need to be general partners for 7-18 months, depending on the entry date. After that, they will be converted to limited partners for the remainder of the project.