v3.25.4
INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE

The components of income tax expense and the effective tax rates for the years ended December 31, 2025 and 2024 are as follows:

  

         
   Year Ended December 31, 
   2025   2024 
Current:        
Federal  $-   $150,786 
State   -    - 
Total Current   -    150,786 
Deferred:          
Federal   -    1,862,884 
State   -    342,691 
Total Deferred   -    2,205,575 
Valuation Allowance   -    (2,205,575)
Total Income Tax Expense  $-   $150,786 
           
Pre-tax Income (Loss)  $(1,008,421)   $6,824,513 
           
Effective Income Tax Rate   -%   2.2%
SCHEDULE OF RECONCILIATION OF INCOME TAX EXPENSE

A reconciliation of our income tax expense at federal statutory income tax rate of 21.0% to our income tax expense at the effective tax rate is as follows:

 

         
   Year Ended December 31, 
   2025   2024 
Tax at the Statutory Federal Rate   21.0%   21.0%
Capitalized Construction Costs   -%   -1.8%
Deferred Finance Cost   -%   0.3%
Valuation Allowance   

-21.0

%   -17.4%
Effective Income Tax Rate   -%   2.2%
SCHEDULE OF DEFERRED TAX ASSETS (LIABILITIES)

Deferred tax assets (liabilities) consist of the following at December 31, 2025 and 2024:

 

         
   Year Ended December 31, 
   2025   2024 
Deferred tax assets:          
Accrued Interest Expense  $-   $6,560,893 
Accrued Expense   -    8,895 
Accrued Other Income   -    1,596,154 
Partnership Gain   -    13,175 
Real Estate Impairment   -    114,432 
Others   -    52,139 
Net Operating Loss   -    576,999 
Total deferred tax assets:  $-   $8,922,687 
           
Deferred tax liabilities:          
Accrued Interest Income   -    (7,752,103)
Accumulated Depreciation and Amortization   -    (204,061)
Capitalized Costs   -    (2,185,216) 
Total deferred tax liabilities:  $-   $(10,141,380)
           
Deferred Tax Assets / (Liabilities), net   -    (1,218,693) 
Less valuation allowance   -    1,218,693 
Deferred Tax Asset c/f  $-   $-