Related Party Transactions

12 Months Ended

Dec. 31, 2012

Related Party Transactions Disclosure [Text Block]

(3) Related Party Transactions –

The Partnership owns the percentage interest shown below in the following properties as tenants-in-common with the affiliated entities listed: Johnny Carino’s restaurant (50% – AEI Accredited Investor Fund 2002 Limited Partnership); Jared Jewelry store (29.864% – AEI Accredited Investor Fund 2002 Limited Partnership and unrelated third parties); Applebee’s restaurant in Johnstown, Pennsylvania (38% – AEI Income & Growth Fund XXI Limited Partnership); Advance Auto Parts store (65% – AEI Income & Growth Fund 25 LLC); Applebee’s restaurant in Crawfordsville, Indiana (60% – AEI Income & Growth Fund 26 LLC); Tractor Supply Company store (50% – AEI Income & Growth Fund 24 LLC); Best Buy store (33% – AEI Income & Growth Fund 24 LLC and AEI Income & Growth Fund 27 LLC); Staples store (28% – AEI Income & Growth Fund 25 LLC); and PetSmart store (34% – AEI Accredited Investor Fund V LP).

AEI received the following reimbursements for costs and expenses from the Partnership for the years ended December 31:

		2012		2011
AEI is reimbursed for costs incurred in providing services related to managing the Partnership's operations and properties, maintaining the Partnership's books, and communicating with the Limited Partners.	$	148,857	$	156,809
AEI is reimbursed for all direct expenses it paid on the Partnership's behalf to third parties related to Partnership administration and property management. These expenses included printing costs, legal and filing fees, direct administrative costs, outside audit costs, taxes, insurance and other property costs. These amounts included $644 and $3,508 of expenses related to Discontinued Operations in 2012 and 2011, respectively.	$	33,590	$	29,385
AEI is reimbursed for costs incurred in providing services and direct expenses related to the acquisition of properties on behalf of the Partnership.	$	22,645	$	18,941
AEI is reimbursed for costs incurred in providing services related to the sale of property.	$	32,648	$	15,256

The payable to AEI Fund Management, Inc. represents the balance due for the services described in 3a, b, c and d. This balance is non-interest bearing and unsecured and is to be paid in the normal course of business.