Hi,

Assume this:

John bought income property A in London in 2005 for 100 pounds, it
makes 20 pound per year,
Dave bought income property B in Liverpool in 2006 for 60 pounds, it
makes 15 pound per year,
Larry bought income property C in Manchester in 2007 for 75 pounds, it
makes 17 pound per year.

NOW, the 3 want to become partners where the pie now is A+B+C and
income is 52 pound per year!

How much ownership each gets? How much income each gets per year?

Thanks,
Mike