Schedule of Rental Properties, Net |
On September 30, 2024 and December 31, 2023, rental
properties, net consisted of the following:
Description | |
Useful Life (Years) | |
September 30, 2024 | | |
December 31, 2023 | |
Building and building improvements | |
5-39 | |
$ | 10,332,213 | | |
$ | 9,258,431 | |
Construction in progress | |
- | |
| 11,514 | | |
| 18,976 | |
Land | |
- | |
| 5,578,015 | | |
| 3,353,378 | |
Rental properties, at cost | |
| |
| 15,921,742 | | |
| 12,630,785 | |
Less: accumulated depreciation | |
| |
| (2,854,582 | ) | |
| (2,590,261 | ) |
Rental properties, net | |
| |
$ | 13,067,160 | | |
$ | 10,040,524 | |
|