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Notes Receivable - Related Parties
12 Months Ended
Dec. 31, 2019
Summary Of Significant Accounting Policies Policies  
Notes Receivable - Related Parties

NOTE 6 – Notes Receivable – Related Parties

 

Notes receivable related parties consisted of the following at December 31, 2019 and 2018:

 

December 31,

2019

2018

   

Investcom – See Note 8 Related Party

$      342,000

$      342,000

Rentcom – See Note 8 Related Party

76,000

76,000

Total Notes Receivable

418,000

418,000

Less:  Allowance for Doubtful Accounts

(418,000)

(418,000)

   

Net Notes Receivable – Related Parties

$              ––

$              ––

 

Since no collections have been received on the above notes through the date of this report, the Company has allowed for these notes receivable in full at December 31, 2019 and 2018.