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Note 13 - Income Tax Provision (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		December 31, 2023				December 31, 2022
Current income tax expense (benefit)
Federal		$	100,036			$	20,265
State			(89,054	)			1,195,608
Total current income tax expense (benefit)			10,982				1,215,873
Deferred income tax expense (benefit)
Federal			(289,480	)			211,627
State			(57,282	)			-
Total deferred income tax expense (benefit)			(346,762	)			211,627
Change in Valuation Allowance			-				(211,627	)
Total income tax (benefit) expense		$	(335,780	)		$	1,215,873

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		December 31, 2023				December 31, 2022
Taxes at federal statutory rate		$	2,696,767			$	567,294
State Taxes			21,821				1,195,608
REIT entities not subject to tax			1,445,837				-
Pass through entities not subject to tax			(2,135,580	)
Deconsolidation adjustment			(1,303,720	)			-
Non-controlling interest			(636,527	)			(758,656	)
True Up Adjustment			(424,378	)			-
Change In Valuation Allowance			-				211,627
Total income tax (benefit) expense		$	(335,780	)		$	1,215,873

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		For The Years Ended
		2023				2022
Deferred Tax Assets
Deferred Revenue		$	42,792				-
State Taxes			781				-
Fixed Asset			278,646				-
Start up costs			24,543				211,627
Total deferred tax asset			346,762				211,627
Deferred Tax Liabilities
Basis difference in investments			-				-
Net deferred tax assets			346,762				211,627
Valuation allowance			-				(211,627	)
Net deferred tax assets (liability)		$	346,762			$	-

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-9

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

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