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Notes Receivable – Related Parties
3 Months Ended
Mar. 31, 2023
Notes Receivable Related Parties  
Notes Receivable – Related Parties

NOTE 6 – Notes Receivable – Related Parties

 

Notes receivable related parties consisted of the following at March 31, 2023 and December 31, 2022:

       
   March 31,  December 31,
   2023  2022
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, 2017.