RENTAL PROPERTIES (Tables)

9 Months Ended

Sep. 30, 2024

RENTAL PROPERTIES.

Schedule of rental properties

	September 30, 2024		December 31, 2023		Useful Life
Land, improvements and parking lots	$	99,400,825	$	99,162,143	15	-	40	years
Buildings and improvements		277,460,735		276,167,618	15	-	40	years
Construction in Progress		12,494,420		1,818,716		N/A
Kitchen cabinets		16,800,510		16,137,828	5	-	10	years
Carpets		14,340,346		13,127,838	5	-	10	years
Air conditioning		500,000		500,000	5	-	10	years
Laundry equipment		619,895		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		21,946,705		21,348,556	5	-	30	years
Motor vehicles		232,954		232,954			5	years
Fences		101,505		91,620	5	-	15	years
Furniture and fixtures		8,992,361		8,365,039	5	-	7	years
Total fixed assets		455,866,125		440,496,897
Less: Accumulated depreciation		(183,016,060)		(170,691,951)
	$	272,850,065	$	269,804,946