Income Taxes

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income Tax Disclosure [Text Block]

(7)  Income Taxes –

The following is a reconciliation of net income for financial reporting purposes to income reported for federal income tax purposes for the years ended December 31:

		2016		2015
Net Income for Financial Reporting Purposes	$	520,155	$	491,499
Depreciation for Tax Purposes Under Depreciation     and Amortization for Financial Reporting Purposes		178,825		149,060
Acquisition Costs Expensed for Financial Reporting     Purposes, Capitalized for Tax Purposes		56,760		0
Taxable Income to Partners	$	755,740	$	640,559

The following is a reconciliation of Partners' capital for financial reporting purposes to Partners' capital reported for federal income tax purposes for the years ended December 31:

		2016		2015
Partners' Capital for Financial Reporting Purposes	$	12,638,003	$	13,580,725
Adjusted Tax Basis of Investments in Real Estate     Over Net Investments in Real Estate     for Financial Reporting Purposes		1,271,002		1,035,417
Income Accrued for Tax Purposes Over     Income for Financial Reporting Purposes		12,121		12,121
Syndication Costs Treated as Reduction     of Capital For Financial Reporting Purposes		3,208,043		3,208,043
Partners' Capital for Tax Reporting Purposes	$	17,129,169	$	17,836,306