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ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
SCHEDULE OF AGGREGATE MINIMUM OPERATING LEASE PAYMENTS

SCHEDULE OF AGGREGATE MINIMUM OPERATING LEASE PAYMENTS

 

Year ending December 31,

 

      
2023  $1,241,280 
2024   1,241,280 
2025   1,241,280 
2026   1,228,113 
2027   1,107,500 
Thereafter   13,201,500 
Total  $19,260,953 
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:

SCHEDULE OF UNAUDITED RECONCILIATION OF NET INCOME FOR TAX REPORTING

 

   2022   2021 
   (Unaudited)   (Unaudited) 
Net income, per statements of income  $2,069,792   $1,575,407 
Book to tax depreciation difference   

-

    (16,913)
Tax over (under) book gain from asset disposition   

16,493

    13,217 
Book to tax amortization difference   

49

    11 
Prepaid rent   

(20,777

)   55,602 
Penalties   

-

    80 
Net income for tax reporting purposes  $2,065,557   $1,627,404 
SCHEDULE OF PROPERTY HELD FOR SALE

The components of property held for sale in the balance sheets as of December 31, 2022 and 2021 are outlined below:

SCHEDULE OF PROPERTY HELD FOR SALE

 

   December 31,
2022		   December 31,
2021		 
         
Balance Sheet:          
Land  $250,859   $583,013 
Building   409,297    805,956 
Accumulated Depreciation   (409,297)   (805,956)
Properties held for sale  $250,859   $583,013