RENTAL PROPERTIES (Tables)

6 Months Ended

Jun. 30, 2024

RENTAL PROPERTIES.

Schedule of rental properties

	June 30, 2024		December 31, 2023		Useful Life
Land, improvements and parking lots	$	99,249,928	$	99,162,143	15	-	40	years
Buildings and improvements		276,824,808		276,167,618	15	-	40	years
Construction in Progress		8,391,993		1,818,716		N/A
Kitchen cabinets		16,593,160		16,137,828	5	-	10	years
Carpets		13,928,453		13,127,838	5	-	10	years
Air conditioning		500,000		500,000	5	-	10	years
Laundry equipment		594,010		568,716	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		21,749,687		21,348,556	5	-	30	years
Motor vehicles		232,954		232,954			5	years
Fences		91,620		91,620	5	-	15	years
Furniture and fixtures		8,791,368		8,365,039	5	-	7	years
Total fixed assets		449,923,850		440,496,897
Less: Accumulated depreciation		(178,852,565)		(170,691,951)
	$	271,071,285	$	269,804,946