RENTAL PROPERTIES (Tables)

3 Months Ended

Mar. 31, 2025

RENTAL PROPERTIES.

Schedule of rental properties

	March 31, 2025		December 31, 2024		Useful Life
Land, improvements and parking lots	$	101,397,349	$	101,397,349	15	-	40	years
Buildings and improvements		280,080,887		279,272,215	15	-	40	years
Construction in progress		23,194,891		16,758,245			N/A
Kitchen cabinets		14,457,979		14,187,702	5	-	10	years
Carpets		14,840,793		14,545,300	5	-	10	years
Air conditioning		500,000		500,000	5	-	10	years
Laundry equipment		475,931		475,931	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		22,140,100		21,911,223	5	-	30	years
Motor vehicles		236,697		236,697			5	years
Fences		101,506		101,506	5	-	15	years
Furniture and fixtures		9,352,755		9,047,454	5	-	7	years
Total fixed assets		469,754,757		461,409,491
Less: Accumulated depreciation		(186,757,051)		(182,892,842)
	$	282,997,706	$	278,516,649