Quarterly report pursuant to Section 13 or 15(d)

MORTGAGES RECEIVABLE (Tables)

v3.24.2.u1
MORTGAGES RECEIVABLE (Tables)
6 Months Ended
Jun. 30, 2024
Mortgages Receivable  
SCHEDULE OF MATURITIES OF MORTGAGES RECEIVABLE

The following represents the maturities of mortgages receivable as of June 30, 2024:

 

         
For the period from July 1, 2024 through December 31, 2024   $ 1,066,152  
For the year ended December 31,        
2025     409,927  
2026     440,436  
2027     473,215  
2028     480,227  
2029     495,135  
Thereafter     598,150  
Gross Receivable     3,963,242  
Less: Allowance     (1,673,366 )
Net receivable     2,289,876  
Less: current portion     (712,124 )
Mortgages receivable, non-current portion   $ 1,577,752