Investment in Tenancy-in-Common (Tables)

12 Months Ended

Dec. 31, 2023

Tenant In Common Investment [Abstract]

Condensed Income Statement of Tenant in Common Investment

The condensed income statements for the twelve months ended December 31, 2023 and 2022 for the tenancy-in-common investment is as follows:

	Jan 1 to Sep 7,		Twelve Months ended Dec 31,
	2023		2022
Total revenue	$	267,454	$	372,556
Total expenses	$	201,909	$	262,942
Operating income		65,545		109,614
Loss on debt extinguishment		-		(31,851	)
Net income	$	65,545	$	77,763
GIP, LP's Share	$	32,773	$	37,298

Condensed Balance Sheet of Tenant in Common Investment

The condensed balance sheets as of December 31, 2023 and December 31, 2022 for the tenants in common investment is as follows:

	As of December 31,		As of December 31,
	2023		2022
Net real estate investments	$	-	$	4,503,120
Deferred rent asset		-		7,132
Prepaid expenses		-		343
Due from related party		-		21,710
Total Assets	$	-	$	4,532,305
Accounts payable and accrued expenses	$	-	$	6,738
Prepaid rent		-		30,550
Acquired lease intangible liabilities, net		-		35,561
Mortgage loan, net of unamortized debt issuance costs		-		2,088,116
Total Liabilities	$	-	$	2,160,965
GIP, LP	$	-	$	1,218,268
SUNNY RIDGE MHP, LLC		-		1,153,072
Total Tenants in Common Equity	$	-	$	2,371,340
Total Liabilities and Tenants in Common Equity	$	-	$	4,532,305