Generation Income Properties S11/A Registration of securities for real estate companies (amended) | GIPR 14 Feb 20

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Subsidiary		State of Incorporation / Formation
Generation Income Properties, LP		Delaware
GIP REIT OP Limited LLC		Delaware
GIP DB SPE, LLC		Delaware
GIPDC 3707 14th St LLC		Delaware
GIPFL 1300 S Dale Mabry LLC		Delaware
GIPAL JV 15091 SW ALABAMA 20		Delaware
GIPVA 2510 WALMER AVE, LLC		Delaware
GIPVA 130 CORPORATE BLVD, LLC		Delaware
GIPFL JV 1106 CLEARLAKE ROAD, LLC		Delaware
GIPRI 332 Valley St LLC		Delaware

Generation Income Properties (GIPR) S-11/ARegistration of securities for real estate companies (amended)