INVESTMENT IN HOTEL, NET (Tables)

6 Months Ended

Dec. 31, 2024

Investment In Hotel Net

SCHEDULE OF INVESTMENT IN HOTEL

Investment in hotel consisted of the following as of:

			Accumulated			Net Book
December 31, 2024	Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Finance lease ROU assets		1,805,000		(1,605,000	)		200,000
Furniture and equipment		39,581,000		(32,326,000	)		7,255,000
Building and improvements		68,502,000		(39,011,000	)		29,491,000
Investment in Hotel, net	$	112,626,000	$	(72,942,000	)	$	39,684,000

			Accumulated			Net Book
June 30, 2024	Cost		Depreciation			Value
Land	$	2,738,000	$	-		$	2,738,000
Finance lease ROU assets		1,805,000		(1,521,000	)		284,000
Furniture and equipment		40,310,000		(31,396,000	)		8,914,000
Building and improvements		67,159,000		(38,194,000	)		28,965,000
Investment in Hotel, net	$	112,012,000	$	(71,111,000	)	$	40,901,000