SALES – INVESTMENT PROPERTY

9 Months Ended

Sep. 30, 2021

Real Estate [Abstract]

SALES – INVESTMENT PROPERTY

NOTE 6. SALES – INVESTMENT PROPERTY

Real Estate

Sales and other disposition of properties from Real Estate Investments holdings:

Dispositions

	30-Sep-21			31-Dec-20
Description
Sales - Investment property	$	700,385		$	1,205,000
Cost:
Closing costs					(11,522	)
Commissions Paid		(35,019	)		(60,645	)
Developer Fees					(95,750	)
Escrow & Title		(3,617	)		(6,714	)
Investment property sold		(674,846	)		(917,825	)
Mortgage Payoff					(51,879	)
Property Taxes		(1,386	)		(20,064	)
Recording Charges		(4,213	)		(7,048	)
Seller Credit					(8,380	)
Miscellaneous Debits/Credits		(3,261	)		(8,380	)
Total costs		(722,341	)		(1,179,827	)
Gain on real estate investment sales	$	(21,956	)	$	25,173