{"url_path":"/sec/xaeiu/10-k/2026/item-2","section_key":"item-2","section_title":"Item 2 PROPERTIES. (Continued)","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-03-27","source_url":"https://www.sec.gov/Archives/edgar/data/1023458/0001023458-26-000003-index.html","accession_number":"0001023458-26-000003","cik":"0001023458","ticker":"XAEIU","issuer_name":"AEI INCOME & GROWTH FUND XXII LTD PARTNERSHIP","edgar_url":"https://www.sec.gov/Archives/edgar/data/1023458/0001023458-26-000003-index.html","primary_entity_key":"0001023458","primary_entity_name":"AEI INCOME & GROWTH FUND XXII LTD PARTNERSHIP"},"word_count":220,"has_tables":true,"body_markdown":"ITEM 2. PROPERTIES. (Continued)\n\n \n\nPursuant to the lease agreements, the tenants are required to provide proof of adequate insurance coverage on the properties they occupy. The General Partners believe the properties are adequately covered by insurance and consider the properties to be well-maintained and sufficient for the Partnership's operations.\n\n \n\nFor tax purposes, the Partnership's properties are depreciated under the Modified Accelerated Cost Recovery System (MACRS). The largest depreciable component of a property is the building which is depreciated using the straight-line method over 39 years. The remaining depreciable component of a property is land improvements which are depreciated using an accelerated method over 15 years. Since the Partnership has tax-exempt Partners, the Partnership is subject to the rules of Section 168(h)(6) of the Internal Revenue Code which requires a percentage of the properties' depreciable components to be depreciated over longer lives using the straight-line method. In general, the federal tax basis of the properties for tax depreciation purposes equals the book depreciable cost of the properties plus the amortizable cost of the related intangible lease assets, except for properties purchased during 2009 through 2017. For those properties, acquisition expenses that were expensed for book purposes were capitalized and added to the basis of the property for tax depreciation purposes.\n\n \n\nAt December 31, 2025, all properties listed above were 100% occupied."}