AEI Net Lease Income & Growth Fund XX Limited Partnership Dashboard

Management Discussion

• For the years ended December 31, 2020 and 2019, the Partnership recognized rental income of $1,060,101 and $976,849, respectively. In 2020, rental income increased due to rent received from one property acquisition in 2019 and a rent increase on one property, which was partially offset by the sale of one property in 2019. Based on the scheduled rent for the properties owned as of February 28, 2021, the Partnership expects to recognize rental income from continuing operations of approximately $1,069,000 in 2021.
• For the years ended December 31, 2020 and 2019, the Partnership incurred Partnership administration expenses from affiliated parties of $156,960 and $174,389, respectively. These administration expenses include costs associated with the management of the properties, processing distributions, reporting requirements and communicating with the Limited Partners. During the same periods, the Partnership incurred Partnership administration and property management expenses from unrelated parties of $61,482 and $66,876, respectively. These expenses represent direct payments to third parties for legal and filing fees, direct administrative costs, outside audit costs, taxes, insurance and other property costs.
• For the years ended December 31, 2020 and 2019, the Partnership recognized interest income of $7,522 and $59,693, respectively. In 2020 interest income decreased due to the Partnership having more money invested in a money market account due to property sales and higher money market interest rates in 2019.