XML 28 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule Of GAAP To Federal Taxable Income reconciliation of net income for financial reporting
   
2021
 
2020
 
 
 
 
 
Net Income (Loss) for Financial Reporting Purposes
$
441,656
$
(30,601)
 
 
 
 
 
Depreciation for Tax Purposes Under Depreciation
    and Amortization for Financial Reporting Purposes
 
73,902
 
130,726
 
 
 
 
 
Income Accrued for Tax Purposes Over (Under)
    Income for Financial Reporting Purposes
 
(19,366)
 
(420)
 
 
 
 
 
Real Estate Impairment Loss
    Not Recognized for Tax Purposes
 
0
 
78,376
 
 
 
 
 
Loss on Sale of Real Estate for Tax Purposes
    Compared to Gain for Financial Reporting Purposes
 
(716,856)
 
0
Taxable Income (Loss) to Members
$
(220,664)
$
178,081
 
 
 
 
 
 
Schedule Of GAAP To Federal Tax Basis reconciliation of Members’ Equity for financial reporting
   
2021
 
2020
 
 
 
 
 
Members’ Equity for Financial Reporting Purposes
$
6,539,037
$
8,805,487
 
 
 
 
 
Adjusted Tax Basis of Investments in Real Estate
    Over Net Investments in Real Estate
    for Financial Reporting Purposes
 
1,458,617
 
2,101,571
 
 
 
 
 
Income Accrued for Tax Purposes Over
    Income for Financial Reporting Purposes
 
0
 
19,366
 
 
 
 
 
Syndication Costs Treated as Reduction
    of Capital For Financial Reporting Purposes
 
2,691,997
 
2,691,997
Members’ Equity for Tax Reporting Purposes
$
10,689,651
$
13,618,421