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HOMES INVENTORY FOR SALES (Tables)
12 Months Ended
Jul. 31, 2024
HOMES INVENTORY FOR SALES  
Summary of Recognition of non monetary properties

Total fair value of 29 properties

 

$1,638,893

 

 

 

 

 

 

Title cost paid in July 2024

 

 

82,888

 

Title cost paid in August 2024

 

 

25,888

 

Total title cost paid by the Company

 

 

108,776

 

 

 

 

 

 

Nonmonetary Gain recognized

 

 

1,530,117

 

Less loan and accrued interest receivable in connection with settlement agreement

 

 

231,421

 

Nonmonetary Gain recognized, net

 

$1,298,696

 

 

 

 

 

 

Balance of properties as of July 31, 2024, excluding cost paid in August 2024

 

$1,613,005