Income Taxes

12 Months Ended

Dec. 31, 2018

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:

		2018		2017
Net Income for Financial Reporting Purposes	$	328,742	$	1,206,687
Depreciation for Tax Purposes Under Depreciation     and Amortization for Financial Reporting Purposes		152,847		416,749
Income Accrued for Tax Purposes Under     Income for Financial Reporting Purposes		0		(12,121)
Gain on Sale of Real Estate for Tax Purposes     Under Gain for Financial Reporting Purposes		0		(113,571)
Taxable Income to Partners	$	481,589	$	1,497,744

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:

		2018		2017
Partners' Capital for Financial Reporting Purposes	$	11,170,452	$	11,877,810
Adjusted Tax Basis of Investments in Real Estate     Over Net Investments in Real Estate     for Financial Reporting Purposes		1,727,027		1,574,180
Syndication Costs Treated as Reduction     of Capital For Financial Reporting Purposes		3,208,043		3,208,043
Partners' Capital for Tax Reporting Purposes	$	16,105,522	$	16,660,033