October 12, 2004

Mr. Rick Brock
PLM Financial Services, Inc.
200 Nyala Farms Road
Westport, CT 06880

RE:  	Forms 8-K Item 4 filed October 1, 2004
	Professional Lease Management Income Fund I, LLC	File # 000-
28376
	PLM Equipment Growth Fund V				File # 000-19203
	PLM Equipment Growth Fund VI				File # 000-21806
	PLM Equipment Growth & Income Fund VII		File # 000-26594

Dear Mr. Brock:

We have reviewed your filings and have the following comments.  Where
indicated, we think you should revise your documents in response to
these comments.  If you disagree, we will consider your explanation as
to why our comment is inapplicable or a revision is unnecessary.
Please be as detailed as necessary in your explanation.  In some of
our comments, we may ask you to provide us with supplemental
information so we may better understand your disclosure.  After
reviewing this information, we may or may not raise additional
comments.

	Please understand that the purpose of our review process is to
assist you in your compliance with the applicable disclosure
requirements and to enhance the overall disclosure in your filing.  We
look forward to working with you in these respects.  We welcome any
questions you may have about our comments or on any other aspect of
our review.  Feel free to call us at the telephone number listed at
the end of this letter.

1. Amend each Item 4 Form 8-K to clarify whether Ernst & Young
"resigned," "declined to stand for re-election," or was "dismissed."
Refer to Item 304(a)(1)(i) of Regulation S-B.  Please obtain and file
an updated Exhibit 16 letter from your former accountant stating
whether the accountant agrees with the statements made in each of your
amended Forms 8-K.  File the amendments under cover of Form 8-KA and
include the ITEM 4 designation.  File the updated letters from the
former accountant as Exhibit 16.

*****

We urge all persons who are responsible for the accuracy and adequacy
of the disclosure in the filings reviewed by the staff to be certain
that they have provided all information investors require.  Since the
company and its management are in possession of all facts relating to
a company`s disclosure, they are responsible for the accuracy and
adequacy of the disclosures they have made.

In connection with responding to our comments, please provide, in
writing, a statement from the company acknowledging that

* the company is responsible for the adequacy and accuracy of the
disclosure in the filings;
* staff comments or changes to disclosure in response to staff
comments in the filings reviewed by the staff do not foreclose the
Commission from taking any action with respect to the filing; and
* the company may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the federal
securities laws of the United States.

In addition, please be advised that the Division of Enforcement has
access to all information you provide to the staff of the Division of
Corporation Finance in our review of your filing or in response to our
comments on your filing.
1.
2. Please file your supplemental response and amendments via EDGAR in
response to these comments within 5 business days of the date of this
letter.  Please note that if you require longer than 5 business days
to respond, you should contact the staff immediately to request
additional time.  Direct any questions regarding the above to the
undersigned at (202) 824-5259.


Sincerely,




Jennifer Thompson
Staff Accountant
Mr. Brock
October 12, 2004
Page 2



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-0404

       DIVISION OF
CORPORATION FINANCE