Schedule of Net Revenues — Related Party |
Due to Related Party
Name of Related Party | | Nature | | Relationship | | March 31, 2025 | | December 31, 2024 | Zhen Qin | | Due on demand, non-interest bearing | | The Company’s major shareholder, Chairman of the Board and Chief Executive Officer | | $ | — | | $ | 55,000 | Total | | | | | | $ | — | | $ | 55,000 |
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Net Revenues — Related Party
Name of Related Party | | Nature | | Relationship | | Year Ended December 31, 2024 | | Year Ended December 31, 2023 | Haiyan Ma | | Revenue from property purchases and sales through Cash Offer | | The Company’s shareholder with 12.41% ownership | | $ | 2,940,544 | | $ | 1,069,072 | Haiyan Ma | | Real estate service revenue – real estate agency commission | | The Company’s shareholder with 12.41% ownership | | | 62,650 | | | — | Haiyan Ma | | Real estate service revenue – home renovation service | | The Company’s shareholder with 12.41% ownership | | | 53,012 | | | — | Na Li | | Revenue from property purchases and sales through Cash Offer | | The Company’s shareholder with 0.21% ownership, Chief Financial Officer, and Director | | | 1,670,000 | | | — | Na Li | | Real estate service revenue – home renovation service | | The Company’s shareholder with 0.21% ownership, Chief Financial Officer, and Director | | | 64,500 | | | — | Zhen Qin & Na Li | | Real estate service revenue – real estate agency commission | | Zhen Qin: The Company’s shareholder with 45.85% ownership, Chairman of the Board, and Chief Executive Officer; Na Li: The Company’s shareholder with 0.21% ownership, Chief Financial Officer, and Director; Zhen Qin and Na Li are spouses | | | 50,000 | | | — | Two minority shareholders | | Real estate service revenue – real estate agency commission | | The Company’s shareholders with less than 1% ownership for each | | | 15,550 | | | — | One minority shareholder | | Real estate service revenue – property management service | | The Company’s shareholder with less than 1% ownership | | | 1,800 | | | — | Total | | | | | | $ | 4,858,056 | | $ | 1,069,072 | Cost of Revenues — Related Party
Name of Related Party | | Nature | | Relationship | | Year Ended December 31, 2024 | | Year Ended December 31, 2023 | Haiyan Ma | | Cost of property purchases and sales through Cash Offer | | The Company’s shareholder with 12.41% ownership | | $ | 1,420,000 | | $ | — | Zhen Qin | | Cost of real estate services – commission expense | | The Company’s shareholder with 45.85% ownership, Chairman of the Board and Chief Executive Officer | | | — | | | 61,400 | Total | | | | | | $ | 1,420,000 | | $ | 61,400 | Due to Related Party
Name of Related Party | | Nature | | Relationship | | December 31, 2024 | | December 31, 2023 | Zhen Qin | | Due on demand, non-interest bearing | | The Company’s shareholder with 45.85% ownership, Chairman of the Board and Chief Executive Officer | | $ | 55,000 | | $ | — | Total | | | | | | $ | 55,000 | | $ | — |
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Schedule of Due to Related Party |
Net Revenues — Related Party
Name of Related Party | | Nature | | Relationship | | Three Months Ended March 31, 2025 | | Three Months Ended March 31, 2024 | Haiyan Ma | | Revenue from property purchases and sales through Cash Offer | | The Company’s shareholder | | $ | — | | $ | 924,544 | Na Li | | Real estate service revenue – real estate agency commission | | Chief Financial Officer and Director | | | 97,560 | | | — | Total | | | | | | $ | 97,560 | | $ | 924,544 |
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