EXHIBIT (a)(8)
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             Transcript of Telephone Message to Potential Investors

NOTE TO EDGAR USERS:

THIS TRANSCRIPT DOES NOT CONSTITUTE AN OFFER TO PURCHASE ANY SECURITIES OR A
SOLICITATION OF AN OFFER TO BUY ANY SECURITIES, PURSUANT TO THE EXCHANGE OFFERS
OR OTHERWISE. THE OFFERS TO EXCHANGE PREFERRED SHARES FOR INTERESTS ARE MADE
SOLELY BY THE PROSPECTUS AND LETTERS OF TRANSMITTAL RELATING TO THE OFFERS,
WHICH CONTAIN THE FULL TERMS AND CONDITIONS OF THE OFFERS, INCLUDING DETAILS OF
HOW THE OFFERS MAY BE ACCEPTED. BERKSHIRE INCOME REALTY HAS FILED TENDER OFFER
STATEMENTS CONTAINING THE PROSPECTUS AND OTHER RELATED DOCUMENTATION. FREE
COPIES OF THE TENDER OFFER STATEMENTS ARE AVAILABLE ON THE SEC'S WEBSITE AT
WWW.SEC.GOV. INTEREST HOLDERS ARE ADVISED TO READ THE TENDER OFFER STATEMENTS
AND THE PROSPECTUS BECAUSE THEY CONTAIN IMPORTANT INFORMATION.

Hello,

This is George Krupp, Co-Chairman of Krupp Funds Group. As anticipated, your

mortgage fund has experienced significant payoffs to its mortgage loan assets.

Your fund is not permitted to reinvest the proceeds it receives from repayments

of its mortgage loan assets, but instead must distribute the net cash proceeds

attributable to these repayments to the fund investors. Many of you have asked

us if we have a new fund. I am pleased to announce a new fund, Berkshire Income

Realty, Inc., which is offering a 9 % Series A Cumulative Redeemable Preferred

Stock that is only being offered to our current Krupp investors. This Stock will

be listed on the American Stock Exchange to provide daily liquidity, a feature

that is not currently available to mortgage fund investors. A packet containing

the prospectus for this new investment, a brochure with investment highlights

and the paperwork to sign up is being mailed to you today. Please take some time

to read this material carefully. Should you have any questions please call us at

1-866-33-KRUPP. Thank you and have a nice day.