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Investment in Tenancy-in-Common (Tables)
12 Months Ended
Dec. 31, 2024
Tenant In Common Investment [Abstract]  
Condensed Income Statement of Tenant in Common Investment

The condensed income statements for the twelve months ended December 31, 2024 and 2023 for the tenancy-in-common investment is as follows:

 

 

Twelve Months ended December 31

 

Jan 1 to Sep 7,

 

 

2024

 

2023

 

Total revenue

$

-

 

$

267,454

 

Total expenses

$

-

 

$

201,909

 

Operating income

 

-

 

 

65,545

 

Loss on debt extinguishment

 

-

 

 

-

 

Net income

$

-

 

$

65,545

 

GIP, LP's Share

$

-

 

$

32,773

 

 

As of September 7, 2023, the TIC is no longer extant and no activity was recorded during the twelve months ended December 31, 2024.