Quarterly ResultMay 13, 2026, 04:57 PM
AEI Income & Growth Fund XXI Q1 Net Income $47K; Liquidation Ongoing
AI Summary
AEI Income & Growth Fund XXI Limited Partnership reported a significant decrease in net income to $47,209 for Q1 2026, down from $879,343 in Q1 2025, primarily due to the absence of real estate sale gains this quarter. Rental income also decreased to $223,896. The partnership is currently in its final liquidation process, and Kristin Waddell was appointed as the new Chief Financial Officer effective May 4, 2026.
Key Highlights
- Net Income for Q1 2026 was $47,209, a significant decrease from $879,343 in Q1 2025.
- Net Income per Limited Partnership Unit was $2.93 in Q1 2026, down from $50.98 in Q1 2025.
- Rental Income decreased to $223,896 in Q1 2026 from $249,991 in Q1 2025.
- No gain on sale of real estate in Q1 2026, compared to $825,611 in Q1 2025.
- Cash balance decreased by $40,322 in Q1 2026, ending at $571,495.
- The partnership is in the final liquidation process, disposing of its assets.
- Kristin Waddell was appointed Chief Financial Officer effective May 4, 2026.
- Distributions declared for Q1 2026 were $165,698, down from $173,233 in Q1 2025.