Organization and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Policies [Abstract]

Schedule of Aggregate Minimum Operating Lease Payments

As of December 31, 2019, the aggregate minimum operating lease payments to be received under the current operating leases for the Properties are as follows:

Year ending December 31,

2020	$	835,933
2021		861,725
2022		881,130
2023		882,345
2024		883,584
Thereafter		1,995,191
	$	6,339,908

Schedule of Unaudited Reconciliation of Net Income for Tax Reporting

The following represents an unaudited reconciliation of net income as stated on the Partnership statements of income to net income for tax reporting purposes:

	2019			2018
	(Unaudited)			(Unaudited)
Net income, per statements of income	$	786,288		$	362,504
Book to tax depreciation difference		(6,407	)		13,841
Tax over (under) Book gain from asset disposition		-			(32,745	)
Straight line rent adjustment		-			-
Penalties		-			-
Prepaid rent		(21,947	)		(26,947	)
Bad Debts		-			-
Other expense/deduction items with differences		-			-
Net income for tax reporting purposes	$	757,934		$	316,653