RENTAL PROPERTIES (Tables)

3 Months Ended

Mar. 31, 2023

RENTAL PROPERTIES

Schedule of rental properties

	March 31, 2023		December 31, 2022		Useful Life
Land, improvements and parking lots	$	90,839,091	$	87,405,897	15	-	40	years
Buildings and improvements		261,724,341		256,035,191	15	-	40	years
Kitchen cabinets		14,744,566		14,347,212	5	-	10	years
Carpets		12,609,952		12,047,573	5	-	10	years
Air conditioning		501,697		501,697	5	-	10	years
Laundry equipment		553,140		553,140	5	-	7	years
Elevators		1,885,265		1,885,265	20	-	40	years
Swimming pools		1,090,604		1,090,604	10	-	30	years
Equipment		19,215,896		18,716,758	5	-	30	years
Motor vehicles		232,954		171,519			5	years
Fences		46,872		46,872	5	-	15	years
Furniture and fixtures		8,406,539		7,902,182	5	-	7	years
Total fixed assets		411,850,917		400,703,910
Less: Accumulated depreciation		(163,321,577)		(159,627,479)
	$	248,529,340	$	241,076,431