REAL ESTATE ASSETS

12 Months Ended

Dec. 31, 2025

Real Estate [Abstract]

REAL ESTATE ASSETS

5. REAL ESTATE ASSETS

As of December 31, 2025 and 2024, real estate assets consisted of the following:

Description	Land		Building & Improvements		Other		Accumulated Depreciation			Total Net Carrying Amount
Balance at December 31, 2023	$	6,060,083	$	27,477,467	$	310,173	$	(2,077,337	)	$	31,770,386
Depreciation Expense								(1,074,717	)	$	(1,074,717	)
Balance at December 31, 2024	$	6,060,083	$	27,477,467	$	310,173	$	(3,152,054	)	$	30,695,669
Depreciation Expense								(1,074,717	)	$	(1,074,717	)
Balance at December 31, 2025	$	6,060,083	$	27,477,467	$	310,173	$	(4,226,771	)	$	29,620,952

Single family residential properties

As of December 31, 2025 and 2024, the Company owns 132 Single Family Residential Properties (“SFRs”). The Company’s aggregate investment in those SFRs was $31 million. Depreciation expense was $1,074,717 in years ended December 31, 2025 and 2024 and was included in cost of sales. These homes are located in Montgomery and Harris Counties, Texas.

The following table presents the summary of our SRFs as of December 31, 2025:

	Number of Homes		Aggregate investment		Average Investment per Home
SFRs		132	$	31,388,691	$	237,793