He has no debt on the West Loop property. Where does the cash to pay off our note come from?”“A note on the new building that Alec will hold. That gives him double income streams - the lease on a building that is free and clear, and interest on the note he’s giving you.”“But he has to lay out capital.”“Yes. But this is all about converting capital into an income stream.”“I’m missing something here, obviously. Why generate taxable income when he could just use his capital?”“He holds this property in an REIT - a Real Estate Investment Trust. It’s supposed to generate income, and from that income, pay out dividends. He has investors the same as any regular corporation. This is separate from his personal holdings because of the REIT 5/50 investor rules. Trust me, this is about as complicated as you can get. But the bottom line is that he needs additional income because an REIT has to derive at least 75% of its gross income from rents or mortgage interest. He’s below that.”“Is this a good. Marisa approaches Maricar tentatively. Maricar has a smile on her face and reaches out to put a hand on Marisa's shoulder as they come close. Maricar's dress has buttons down the front. Marisa is unbuttoning the dress. I am behind Marisa and put one arm around her waist with a hand reaching up to a breast and one hand between her legs. I start fingering Marisa's cunt and playing with her nipples as she undresses my wife. Marisa gets to the bottom button. Maricar slides her own dress down. It hits the floor and she steps out and kicks it away as I continue to finger fuck Marisa and maul a breast from behind. Maricar's face is now centimeters from Marisa's. My wife closes the gap, puts her hand around the back of Marisa and kisses her for all she's worth. At the same time Maricar's hand has found Marisa's clit and my wife and I bump knuckles as she attends to a clit and I attend to a speculative G-spot. The initially resistant Marisa, is putty in our hands.We move Marisa to her bed and.
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