Quarterly report [Sections 13 or 15(d)]

Rental Operations

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Rental Operations
6 Months Ended
Jun. 30, 2026
Rental Operations  
Rental Operations

Note 6 – Rental Operations

 

Rental income from operating leases, is recognized on a straight-line basis over the lease term once we have determined that the collectability of substantially all of the lease payments is probable. Accounts receivable, included $59,243 of rent receivables at June 30, 2026.

 

The following operating lease maturity analysis presents the future contractual lease payments to be received by the Company as of June 30, 2026:

Schedule of future rents receivable      
Year   Amount  
Year ending December 31, 2026   $ 1,464,523  
Year ending December 31, 2027     2,563,708  
Year ending December 31, 2028     1,815,188  
Year ending December 31, 2029     755,354  
Year ending December 31, 2030     727,916  
Thereafter     2,103,166  
Total   $ 9,429,855