UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~December~~March 1829, ~~2020~~ 2022

Commission File Number: 000-49653

AEI INCOME & GROWTH FUND 24 LLC

(Exact name of registrant as specified in its charter)

State of Delaware	~~000~~41-~~49653~~1990952	~~41-1990952~~
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
30 East 7th Street, Suite 1300 St. Paul, Minnesota 55101	(651) 227-7333
(Address of principal executive offices)	(Registrant’s telephone number)

30Not ~~East~~Applicable ~~7th~~(Former ~~Street~~name, ~~Suite~~former ~~1300,~~address ~~St.~~and ~~Paul,~~former ~~Minnesota~~fiscal year, ~~55101~~ if changed since last report)

Securities registered pursuant to Section 12(~~651~~b) ~~227-7333~~ of the Act:

~~___________________________________________________________~~ Title of each class Trading Symbol(s) Name of each exchange on which registered NONE NONE NONE

~~(Former~~ Securities ~~name~~registered orpursuant ~~former~~to ~~address,~~Section if12(g) ~~changed~~of ~~since~~the ~~last report)~~Act:

	Limited Partnership Units
	(Title of class)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

(17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

(17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐

405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities

Exchange Act of 1934 (§240.12b-2 of this chapter) Emerging Growth Company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 2 – Financial Information

Item 2.01 Completion of Acquisition or Disposition of Assets.

On ~~December 18~~March 29, ~~2020~~2022, the Company sold its 4534% interest in a ~~Fresenius~~Best ~~Medical~~Buy ~~Center~~store in ~~Shreveport~~Lake Geneva, ~~Louisiana~~Wisconsin to ~~Mitchell~~BB ~~Investments~~Geneva ~~& Holdings of Texas,~~ LLC, an unrelated third party. The Company received net cash proceeds of approximately $1,~~200~~487,~~600~~000 for the property, which resulted in a net gain of approximately $~~555~~334,~~700~~000.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of businesses acquired – Not Applicable.

(b) Pro forma financial information – A limited number of pro forma adjustments are required to illustrate the effects of the transaction on the balance sheet and income statement. The following narrative description is furnished in lieu of pro forma statements. Assuming the Company had sold the property on January 1, ~~2019~~2021:

The Company’s Investments in Real Estate would have been reduced by $~~723~~1,~~670~~234,698 and its Current Assets (cash) would have increased by $1,~~200~~487,~~600~~116 and Members’ Equity would have increased by $~~476~~252,~~930~~418.

For the year ended December 31, ~~2019~~2021, Income from Operations would have decreased $4459,~~022~~138, representing a decrease in rental income of $92133,~~268~~316, a decrease in depreciation expense of $4569,~~020~~528 and ~~an increase in property management expenses of $3,226. For the nine months ended September 30, 2020, Income from Operations would have decreased $34,950, representing~~ a decrease in ~~rental income of $69,201, a decrease in depreciation expense of $33,765 and an increase in~~ property management expenses of $~~486~~4,650.

The net effect of these pro forma adjustments would have caused Net Income to decrease from $186,~~377,223~~930 to $127,~~333~~792,~~201~~ ~~and from $316,143 to $281,193,~~ which would have resulted in Net Income of $460.9972 ~~and $11.86 per~~ LLC Unit outstanding for the year ended December 31, ~~2019 and the nine months ended September 30, 2020, respectively~~2021.

(d) Exhibit 10.1 – Purchase and Sale Agreement dated ~~October 1~~February 9, ~~2020~~2022 between the Company, ~~AEI Income & Growth Fund XXI Limited Partnership~~ and ~~Mitchell~~Carmen ~~Investments & Holdings of Texas~~Galante, ~~LLC~~ relating to the property at ~~9076~~700 ~~Kingston~~North ~~Road~~Edwards Boulevard, ~~Shreveport~~Lake Geneva, ~~Louisiana~~Wisconsin 53147.

Exhibit 10.2 – First Amendment to Purchase and Sale Agreement dated March 7, 2022 between the Company and BB Geneva LLC, as successor-in-interest to Carmen Galante relating to the property at 700 North Edwards Boulevard, Lake Geneva, Wisconsin.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AEI Income & Growth Fund 24 LLC
	By:	AEI Fund Management XXI, Inc.
	Its:	Managing Member
Date: December 23, 2020	By:	/s/ KEITH E PETERSEN
Date: April 4, 2022	By:
		Keith E. Petersen
		Chief Financial Officer

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