Notes Receivable - Related Parties

6 Months Ended

Jun. 30, 2020

Notes Receivable - Related Parties

Notes Receivable - Related Parties

NOTE 6 – Notes Receivable – Related Parties

Notes receivable related parties consisted of the following at June 30, 2020 and December 31, 2019:

	June 30,	December 31,
	2020	2019
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 June 30, 2020 and December 31, 2019.