Consolidated Balance Sheets - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Assets
Real estate	$ 1,626,860	$ 1,545,347
Less: accumulated depreciation	959,637	901,047
Net real estate	667,223	644,300
Investment in Avalon Jubilee, LLC
Prepaid expenses	78,771	89,411
Other receivables (net of valuation allowance of $6,235 in 2021 and $6,764 in 2020)	28,001	25,982
Cash	154,331	225,029
Mortgage escrow	81,091	59,603
Other assets	12,857	5,304
Total Assets	1,022,274	1,049,629
Liabilities:
Mortgage payable, net	1,445,878	1,473,525
Accounts payable and accrued liabilities	540,013	399,985
Other liabilities	57,453	77,501
Total Liabilities	2,043,344	1,951,011
Presidential Stockholders’ Deficit:
Issued and Outstanding:	4	4
Issued and Outstanding:	47	47
Additional paid-in capital	8,122,108	8,122,108
Accumulated deficit	(9,143,229)	(9,023,541)
Total Stockholders’ Deficit	(1,021,070)	(901,382)
Total Liabilities and Stockholders’ Deficit	$ 1,022,274	$ 1,049,629