If your paragraphs are properly separated, you could use something lke this:
text = """\
This is my
first paragraph.
This is my
second paragraph.
This is my
third paragraph.
"""
q = text.split('\n\n')
print q
"""
my output -->
['This is my\nfirst paragraph.',
'This is my\nsecond paragraph.',
'This is my\nthird paragraph.\n']
"""