Harbor Custom Development (HCDPQ) S-1/A 24 Sep 21 IPO registration (amended) Financial data

Cover

Cover	6 Months Ended
	Jun. 30, 2021
Cover [Abstract]
Document Type	S-1/A
Amendment Flag	false
Entity Registrant Name	Harbor Custom Development, Inc.
Entity Central Index Key	0001784567
Entity Primary SIC Number	1531
Entity Tax Identification Number	46-4827436
Entity Incorporation, State or Country Code	WA
Entity Address, Address Line One	11505 Burnham Dr.
Entity Address, Address Line Two	Suite 301
Entity Address, City or Town	Gig Harbor
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98332
City Area Code	(253)
Local Phone Number	649-0636
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
ASSETS
Real Estate	$ 85,217,800	$ 20,370,300	$ 24,826,700
Property, Plant and Equipment, net	8,438,800	8,176,000	5,071,900
Right of Use Assets	877,400	873,800	1,132,700
Cash	12,785,600	2,396,500	430,000
Prepaid Expense	847,600	1,658,000	117,600
Accounts Receivable, net	61,900	78,200	11,800
Contract Assets, net	1,481,500
Deferred Offering Costs		65,100
Deferred Tax Asset			171,600
TOTAL ASSETS	109,710,600	33,617,900	31,762,300
LIABILITIES
Construction Loans, net of Debt Discount	26,456,600	9,590,100	9,499,300
Construction Loans - Related Parties, net of Debt Discount	10,352,600	5,819,700	14,523,200
Equipment Loans	5,418,900	5,595,500	3,476,800
Accounts Payable and Accrued Expenses	5,908,000	2,700,000	3,770,400
Right of Use Liabilities	852,900	841,700	1,115,500
Finance Leases	759,100	999,400	520,700
Deferred Revenue	14,500	896,300	73,200
Note Payable PPP	2,200	19,300
Dividends Payable	140,100
Note Payable D&O Insurance	0	741,200
Due to Related Party			8,100
TOTAL LIABILITIES	49,904,900	27,203,200	32,987,200
COMMITMENTS AND CONTINGENCIES (See Note 10)
STOCKHOLDERS’ EQUITY (DEFICIT)
Preferred Stock, Value	28,661,000
Common Stock, Value	37,057,900	11,956,900	670,900
Additional Paid in Capital	483,700	234,800	119,100
Accumulated Deficit	(5,105,300)	(4,487,100)	(954,300)
Total Stockholders’ Equity (Deficit)	61,097,300	7,704,600	(164,300)
Non-Controlling Interest	(1,291,600)	(1,289,900)	(1,060,600)
TOTAL STOCKHOLDERS’ EQUITY (DEFICIT)	59,805,700	6,414,700	(1,224,900)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)	$ 109,710,600	$ 33,617,900	$ 31,762,300

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Debt Instrument, Unamortized Discount	$ 1,067,100	$ 502,400	$ 148,400
Construction Loans - Related Parties, net of Debt Discount	$ 1,897,600	$ 670,200	$ 853,800
Preferred Stock, no par value	$ 0	$ 0	$ 0
Preferred Stock, shares authorized	10,000,000	10,000,000	10,000,000
Preferred Stock, shares issued	1,260,555	0	0
Preferred Stock, shares outstanding	1,260,555	0	0
Common Stock, no par value	$ 0	$ 0	$ 0
Common Stock, shares authorized	50,000,000	50,000,000	50,000,000
Common Stock, shares issued	14,898,594	5,636,548	3,513,517
Common Stock, shares outstanding	14,898,594	5,636,548	3,513,517

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Sales	$ 14,132,400	$ 8,329,800	$ 28,006,600	$ 18,270,800	$ 50,397,000	$ 30,953,500
Cost of Sales	10,805,100	7,436,000	24,072,100	17,264,200	48,393,800	27,645,100
Gross Profit	3,327,300	893,800	3,934,500	1,006,600	2,003,200	3,308,400
Operating Expenses	2,267,800	1,282,300	4,317,600	2,311,700	5,493,900	3,466,800
Operating Loss	1,059,500	(388,500)	(383,100)	(1,305,100)	(3,490,700)	(158,400)
Other Income (Expense)
Loss on Sale of Equipment			(35,900)	(15,500)	(267,700)
Forgiveness of Debt PPP Loan			10,000		562,300
Other Income (Expense)	95,200	13,000	112,600	13,000
Other Income					4,000	79,100
Other Expenses					(70,300)
Interest Expense	(85,300)	(18,700)	(183,400)	(90,300)	(382,900)	(358,300)
Total Other Income (Expense)	9,900	(5,700)	(96,700)	(92,800)	(154,600)	(279,200)
Loss Before Income Tax	1,069,400	(394,200)	(479,800)	(1,397,900)	(3,645,300)	(437,600)
Income Tax Benefit (Expense)		(39,900)		(10,100)	(116,800)	634,600
Net Income (Loss)	1,069,400	(434,100)	(479,800)	(1,408,000)	(3,762,100)	197,000
Net Loss Attributable to Non-controlling interest	(2,300)	(3,000)	(1,700)	(224,900)	(229,300)	(38,600)
Preferred Dividends	(140,100)		(140,100)
Net Income (Loss) Attributable to Stockholders	$ 931,600	$ (431,100)	$ (618,200)	$ (1,183,100)	$ (3,532,800)	$ 235,600
Net Income (Loss) Per Share - Basic	$ 0.06	$ (0.12)	$ (0.04)	$ (0.34)	$ (0.84)	$ 0.07
Net Income (Loss) Per Share - Diluted	$ 0.06	$ (0.12)	$ (0.04)	$ (0.34)	(0.84)	0.07
Net Income (Loss) Per Share - Basic and Diluted					$ (0.84)	$ 0.07
Weighted Average Common Shares Outstanding - Basic	14,890,094	3,513,517	14,071,373	3,513,517	4,214,418	3,513,517
Weighted Average Common Shares Outstanding - Diluted	15,052,525	3,513,517	14,071,373	3,513,517	4,214,418	3,513,517
Weighted Average Common Shares Outstanding - Basic and Diluted					4,214,418	3,513,517

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (479,800)	$ (1,408,000)	$ (3,762,100)	$ 197,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) used in operating activities:
Depreciation	483,100	285,900	619,800	427,600
Amortization of right of use assets	163,200	128,600	258,900	153,500
Forgiveness of PPP loan	(10,000)		(562,300)
Loss on sale of equipment	35,900	15,500	267,700
Stock compensation	230,900	1,100	115,700	7,100
Net change in assets and liabilities:
Accounts receivable	16,300	(206,900)	(66,400)	40,200
Contract assets	(1,481,500)
Prepaid expenses	810,400	(440,200)	(314,900)	(102,900)
Real estate	(63,469,900)	(2,124,400)	6,755,900	(6,089,900)
Deferred revenue	(881,800)	1,301,900	823,100	73,200
Deferred income tax		10,100	171,600	(634,600)
Income tax payable				(54,800)
Payments on right of use liability	(155,600)	(145,400)	(273,800)	(170,700)
Accounts payable and accrued expenses	3,208,000	(319,300)	(1,015,400)	2,969,400
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(61,530,800)	(2,901,100)	3,017,800	(3,184,900)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(175,100)	(321,800)	(408,000)	(402,800)
Proceeds on the sale of equipment	69,500	145,400	987,200
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(105,600)	(176,400)	579,200	(402,800)
CASH FLOWS FROM FINANCING ACTIVITIES
Construction loans, net	17,431,200	7,904,400	444,800	(7,524,600)
Financing fees construction loans	(1,185,700)	(138,200)	(1,048,700)	(1,289,100)
Construction loans related parties, net	5,760,200	(5,200,800)	(8,445,100)	13,720,800
Financing fees related party construction loans	(1,983,900)		(1,421,200)
Payments on financing leases	(141,200)	(179,500)	(564,400)	(185,100)
Proceeds from note payable PPP			582,800
Payments on PPP loan	(7,100)	582,800	(1,200)
Due to related party		39,300	(8,100)	8,100
Repayments for note payable D&O	(741,200)		(484,300)
Net proceeds from issuance of common stock	25,101,000		10,789,000
Net proceeds from issuance of preferred stock	28,661,000
Repayment for equipment loans	(951,900)	(27,700)	(1,409,000)	(444,900)
Proceeds from exercise of stock options	18,000
Distributions				(488,400)
Deferred offering cost	65,100		(65,100)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	72,025,500	2,980,300	(1,630,500)	3,796,800
NET INCREASE IN CASH AND RESTRICTED CASH	10,389,100	(97,200)	1,966,500	209,100
CASH AND RESTRICTED CASH AT BEGINNING OF PERIOD	2,396,500	430,000	430,000	220,900
CASH AND RESTRICTED CASH AT END OF PERIOD	12,785,600	332,800	2,396,500	430,000
SUPPLEMENTAL CASH FLOW INFORMATION
Interest	1,915,700	90,300	1,266,300	352,800
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES
Financing of assets additions	775,300	258,100	4,570,800	2,924,500
New right of use obligations	166,800
Cancellation of finance leases	99,100
Amortization of debt discount capitalized	$ 1,347,800	$ 500,400	2,299,500	738,400
Distribution of land				356,500
Right of use asset				1,286,000
Stock issued for conversion of related interest and principal			497,000
Financing of D&O insurance			$ 1,225,500

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Deficit) - USD ($)	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Parent [Member]	Noncontrolling Interest [Member]	Total
Beginning balance, value at Dec. 31, 2018	$ 670,900		$ 112,000	$ (577,600)	$ 205,300	$ (789,400)	$ (584,100)
Beginning balance, shares at Dec. 31, 2018	3,513,517
Distributions				(116,800)	(116,800)	(232,600)	$ (349,400)
Exercise of stock options, shares
Stock Compensation Expense			5,500		5,500		$ 5,500
Issuance of Warrants			1,600		1,600		1,600
Transfer of land to Owner				(495,500)	(495,500)		(495,500)
Net (Loss)				235,600	235,600	(38,600)	197,000
Ending balance, value at Dec. 31, 2019	$ 670,900		119,100	(954,300)	(164,300)	(1,060,600)	(1,224,900)
Ending balance, shares at Dec. 31, 2019	3,513,517
Net (Loss)				(752,000)	(752,000)	(221,900)	(973,900)
Ending balance, value at Mar. 31, 2020	$ 670,900		119,100	(1,706,300)	(916,300)	(1,282,500)	(2,198,800)
Ending balance, shares at Mar. 31, 2020	3,513,517
Beginning balance, value at Dec. 31, 2019	$ 670,900		119,100	(954,300)	(164,300)	(1,060,600)	(1,224,900)
Beginning balance, shares at Dec. 31, 2019	3,513,517
Net (Loss)							(1,408,000)
Ending balance, value at Jun. 30, 2020	$ 670,900		120,200	(2,137,400)	(1,346,300)	(1,285,500)	(2,631,800)
Ending balance, shares at Jun. 30, 2020	3,513,517
Beginning balance, value at Dec. 31, 2019	$ 670,900		119,100	(954,300)	(164,300)	(1,060,600)	(1,224,900)
Beginning balance, shares at Dec. 31, 2019	3,513,517
Net proceeds issuance of stock	$ 10,789,000				10,789,000		$ 10,789,000
Net proceeds issuance of stock, shares	2,031,705
Exercise of stock options, shares
Conversion of Olympic View debt to stock	$ 497,000				497,000		$ 497,000
Conversion of Olympic View debt to stock, shares	82,826
Stock Compensation Expense			115,700		115,700		115,700
Stock Compensation Expense, shares	8,500
Net (Loss)				(3,532,800)	(3,532,800)	(229,300)	(3,762,100)
Ending balance, value at Dec. 31, 2020	$ 11,956,900		234,800	(4,487,100)	7,704,600	(1,289,900)	6,414,700
Ending balance, shares at Dec. 31, 2020	5,636,548
Beginning balance, value at Mar. 31, 2020	$ 670,900		119,100	(1,706,300)	(916,300)	(1,282,500)	(2,198,800)
Beginning balance, shares at Mar. 31, 2020	3,513,517
Stock Compensation Expense			1,100		1,100		1,100
Net (Loss)				(431,100)	(431,100)	(3,000)	(434,100)
Ending balance, value at Jun. 30, 2020	$ 670,900		120,200	(2,137,400)	(1,346,300)	(1,285,500)	(2,631,800)
Ending balance, shares at Jun. 30, 2020	3,513,517
Beginning balance, value at Dec. 31, 2020	$ 11,956,900		234,800	(4,487,100)	7,704,600	(1,289,900)	6,414,700
Beginning balance, shares at Dec. 31, 2020	5,636,548
Net proceeds issuance of stock	$ 25,101,000				25,101,000		25,101,000
Net proceeds issuance of stock, shares	9,200,000
Exercise of stock options			18,000		18,000		18,000
Exercise of stock options, shares	45,046
Stock Compensation Expense			115,100		115,100		115,100
Stock Compensation Expense, shares	8,500
Net (Loss)				(1,549,800)	(1,549,800)	600	(1,549,200)
Ending balance, value at Mar. 31, 2021	$ 37,057,900		367,900	(6,036,900)	31,388,900	(1,289,300)	30,099,600
Ending balance, shares at Mar. 31, 2021	14,890,094
Beginning balance, value at Dec. 31, 2020	$ 11,956,900		234,800	(4,487,100)	7,704,600	(1,289,900)	6,414,700
Beginning balance, shares at Dec. 31, 2020	5,636,548
Net (Loss)							(479,800)
Ending balance, value at Jun. 30, 2021	$ 37,057,900	$ 28,661,000	483,700	(5,105,300)	61,097,300	(1,291,600)	59,805,700
Ending balance, shares at Jun. 30, 2021	14,898,594	1,260,555
Beginning balance, value at Mar. 31, 2021	$ 37,057,900		367,900	(6,036,900)	31,388,900	(1,289,300)	30,099,600
Beginning balance, shares at Mar. 31, 2021	14,890,094
Net proceeds issuance of preferred stock		$ 28,661,000			28,661,000		28,661,000
Net proceeds issuance of preferred stock, shares		1,260,555
Dividends				(140,100)	(140,100)		(140,100)
Stock Compensation Expense			115,800		115,800		115,800
Stock Compensation Expense, shares	8,500
Net (Loss)				1,071,700	1,071,700	(2,300)	1,069,400
Ending balance, value at Jun. 30, 2021	$ 37,057,900	$ 28,661,000	$ 483,700	$ (5,105,300)	$ 61,097,300	$ (1,291,600)	$ 59,805,700
Ending balance, shares at Jun. 30, 2021	14,898,594	1,260,555

Nature of Operations

Nature of Operations	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Nature Of Operations
Nature of Operations	Nature of Operations The Company’s principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in Washington, California, Texas and Florida. It utilizes its heavy equipment resources to develop an inventory of finished lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the Securities and Exchange Commission SEC and started trading on The Nasdaq Stock Market LLC (“Nasdaq”) on August 28, 2020.	Nature of Operations Our principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in the Puget Sound region of Washington State, California, and Texas. We utilize our heavy equipment resources to develop an inventory finished building lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the SEC and started trading on the NASDAQ on August 31, 2020.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest June 30, December 31, 2021 2020 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Materials, LLC* July 5, 2018 N/A 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % Pacific Ridge CMS, LLC May 24, 2021 100 % N/A Tanglewilde, LLC June 25, 2021 100 % N/A * Harbor Materials, LLC was voluntarily dissolved with the State of Washington as of January 29, 2021. All intercompany transactions and balances have been eliminated in consolidation. As of June 30, 2021 and December 31, 2020, the aggregate non-controlling interest was $ (1,291,600) (1,289,900)	Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020. All intercompany transactions and balances have been eliminated in consolidation. As of December 31, 2020, and December 31, 2019, the aggregate non-controlling interest was $( 1,289,900 1,060,600

CONCENTRATION, RISKS, AND UNCER

CONCENTRATION, RISKS, AND UNCERTAINTIES	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Risks and Uncertainties [Abstract]
CONCENTRATION, RISKS, AND UNCERTAINTIES	2. CONCENTRATION, RISKS, AND UNCERTAINTIES Cash Concentrations The Company maintains cash balances at various financial institutions. These balances are secured by the Federal Deposit Insurance Corporation. These balances may exceed the federal insurance limits. Uninsured cash balances were $ 12,157,000 2,146,000 Revenue Concentrations For the three months ended June 30, 2021 and 2020, revenue from Lennar Northwest, Inc. (“Lennar”) was $ 10,658,200 0 75 0 For the six months ended June 30, 2021 and 2020, revenue from Lennar was $ 17,658,200 0 63 0 COVID-19 In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (“ COVID-19 The COVID-19 Pandemic has had the following effect on the Company’s business: 1. Construction not related to safety, spoliation, or critical infrastructure was halted by Washington State Governor Inslee (the “Governor”) on March 23, 2020. Some operations could continue based on the aforementioned exceptions to the shutdown order, but the Company did experience a significant operational slowdown. 2. Soundview Estates (a large Harbor Custom Development, Inc. site) continued selective activities that yielded rock byproduct, considered an essential material, needed for critical infrastructure projects for an Amazon distribution center and a local hospital. 3. On April 24, 2020, the Governor approved the restart of most residential housing projects, deeming them essential, as long as they adhered to certain safety measures. Under this order, most existing permitted residential homes or projects were considered essential. The order allowed the Company to resume near full construction activities on all permitted lots. 4. On May 1, 2020, the Governor established a four-phase plan for Washington businesses to follow. All Harbor Custom Development, Inc. development sites were in Phase 3 of the plan where construction was able to continue, and new construction was allowed, as long as the Company created a safety plan adhering to certain safety practices, which the Company had done. 5. As of June 30, 2021, Washington State reopened the state under the Washington Ready plan. All industry sectors previously covered by the Roadmap to Recovery or the Safe Start Plan (which included all Harbor Custom Development, Inc. operational activities) returned to usual capacity and operations. The Company has not, at this time, experienced any cancelled sales contracts. The Company has experienced some supply-chain issues with both cabinetry and appliances related to COVID-19. As of the date of this report, the Company’s projects are on-schedule and operations are not being materially impacted by the COVID-19 pandemic. While there could ultimately be a material impact on operations and liquidity of the Company, at the time of issuance of this report, the ultimate impact could not be determined.	2. CONCENTRATION, RISKS, AND UNCERTAINTIES Cash Concentrations The Company maintains cash balances at various financial institutions. These balances are secured by the Federal Deposit Insurance Corporation. These balances may exceed the federal insurance limits. Uninsured cash balances were $ 2,146,000 177,600 Revenue Concentrations For the years ended December 31, 2020 and 2019 revenue from Lennar Northwest, Inc. was $ 12,538,000 7,015,000 25% 23% COVID-19 In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (“ COVID-19 The COVID-19 Pandemic has had the following effect on the Company’s business: 5. Construction not related to safety, spoliation, or critical infrastructure was halted by Washington State Governor Inslee on March 23, 2020. Some operations could continue based on the aforementioned exceptions to the shutdown order, but the Company did experience a significant operational slowdown. 6. Soundview Estates (a large Harbor Custom Development, Inc. site) continued selective activities that yielded rock byproduct, considered an essential material, needed for critical infrastructure projects for an Amazon distribution center and a local hospital. 7. On April 24, 2020, the Governor approved the restart of most residential housing projects, deeming them essential, as long as they adhered to certain safety measures. Under this order, most existing permitted residential homes or projects were considered essential. The order allowed the Company to resume near full construction activities on all permitted lots. 8. On May 1, 2020, the Governor established a four-phase plan for Washington businesses to follow. All Harbor Custom Development, Inc. development sites are now in Phase 2 of the plan where construction can continue, and new construction is allowed, as long as the company creates a safety plan adhering to certain safety practices, which the company has done. While there could ultimately be a material impact on operations and liquidity of the Company, at the time of issuance of this report, the ultimate impact could not be determined.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	3. PROPERTY AND EQUIPMENT Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT June 30, 2021 December 31, 2020 Machinery and Equipment $ 9,562,500 $ 8,908,000 Vehicles 71,800 73,500 Furniture and Fixtures 147,600 136,300 Leasehold Improvements 7,000 7,000 Total Fixed Assets 9,788,900 9,124,800 Less Accumulated Depreciation (1,350,100 ) (948,800 ) Fixed Assets, Net $ 8,438,800 $ 8,176,000 Depreciation expense was $ 242,900 144,000 Depreciation expense was $ 483,100 285,900	3. PROPERTY AND EQUIPMENT Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT December 31, 2020 December 31, 2019 Machinery and Equipment $ 8,908,000 $ 5,654,100 Vehicles 73,500 83,600 Furniture and Fixtures 136,300 54,900 Leasehold Improvements 7,000 7,000 Total Fixed Assets 9,124,800 5,799,600 Less Accumulated Depreciation (948,800 ) (727,700 ) Fixed Assets, Net $ 8,176,000 $ 5,071,900 Depreciation expense was $ 619,800 427,600

REAL ESTATE

REAL ESTATE	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Real Estate [Abstract]
REAL ESTATE	4. REAL ESTATE Real Estate consisted of the following components: SCHEDULE OF REAL ESTATE June 30, 2021 December 31, 2020 Land Held for Development $ 70,113,200 $ 9,532,800 Construction in Progress 15,104,600 9,042,700 Held for Sale - 1,794,800 Real estate $ 85,217,800 $ 20,370,300	4. REAL ESTATE Real Estate consisted of the following components: SCHEDULE OF REAL ESTATE December 31, 2020 December 31, 2019 Land Held for Development $ 9,532,800 $ 9,707,800 Construction in Progress 9,042,700 12,879,600 Held for Sale 1,794,800 2,239,300 Real estate $ 20,370,300 $ 24,826,700

EQUIPMENT LOANS

EQUIPMENT LOANS	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
EQUIPMENT LOANS	5. EQUIPMENT LOANS Consists of the following: SCHEDULE OF EQUIPMENT LOANS June 30, 2021 December 31, 2020 Various notes payable to banks and financial institutions with interest rates varying from 0.00 13.89 400 11,600 through 2026 $ 5,418,900 $ 5,595,500 Book value of collateralized equipment: $ 8,064,200 $ 6,475,600 Future equipment loan maturities are as follows: SCHEDULE OF FUTURE EQUIPMENT LOAN MATURITIES For the twelve months ended June 30: June 2021 2022 $ 1,657,200 2023 1,616,000 2024 1,452,800 2025 673,700 2026 19,200 Equipment Loans $ 5,418,900	5. EQUIPMENT LOANS Consists of the following: SCHEDULE OF EQUIPMENT LOANS December 31, 2020 December 31, 2019 Various notes payable to banks and financial institutions with interest rates varying from 0.00% 14.41% 400 11,600 through 2025 $ 5,595,500 $ 3,476,800 Book value of collateralized equipment: $ 6,475,600 $ 4,539,900 Future equipment loan maturities are as follows: SCHEDULE OF FUTURE EQUIPMENT LOAN MATURITIES For the years ended December 31: 2021 $ 1,495,300 2022 1,532,200 2023 1,345,300 2024 1,165,100 2025 57,600 Equipment Loans $ 5,595,500

CONSTRUCTION LOANS

CONSTRUCTION LOANS	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
CONSTRUCTION LOANS	6. CONSTRUCTION LOANS The Company has various construction loans with private individuals and finance companies. The loans are collateralized by specific construction projects. All loans have a one-year 5 39 27,523,700 10,092,500 85,217,800 20,370,300	6. CONSTRUCTION LOANS The Company has various construction loans with private individuals and finance companies. The loans are collateralized by specific construction projects. All loans have a one 8% 40% 10,092,500 9,647,700 20,370,300 24,826,700

NOTE PAYABLE D&O INSURANCE

NOTE PAYABLE D&O INSURANCE	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
NOTE PAYABLE D&O INSURANCE	7. NOTE PAYABLE D&O INSURANCE The Company purchased D&O insurance on August 28, 2020 for $ 1,531,900 306,400 1,225,500 ten months 4.74 3,000 0 10,300 0 741,200	7. NOTE PAYABLE D&O INSURANCE The Company purchased D&O insurance on August 28, 2020 for $ 1,531,900 306,400 1,225,500 10 4.74% 16,600 741,200

NOTE PAYABLE PPP

NOTE PAYABLE PPP	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
NOTE PAYABLE PPP	8. NOTE PAYABLE PPP On April 11, 2020, the Company entered into a term note with Timberland Bank, with a principal amount of $ 582,800 1.00 Beginning in November 2020, 18 equal monthly payments of principal and interest were due with the final payment due in April 2022. The PPP Term Note may be accelerated upon the occurrence of an event of default. The PPP Term Note is unsecured and guaranteed by the United States Small Business Administration. The Company may apply for forgiveness of the PPP Term Note, with the amount which may be forgiven equal to the sum of payroll costs, covered rent and mortgage obligations, and covered utility payments incurred by the Company during the applicable period beginning upon receipt of PPP Term Note funds, calculated in accordance with the terms of the CARES Act. On November 9, 2020 and February 1, 2021, the SBA forgave $ 562,300 10,000 As of June 30, 2021, and December 31, 2020, the balance of the PPP Loan was $ 2,200 19,300 Future note payable loan maturities are as follows: SCHEDULE OF FUTURE NOTE PAYABLE LOAN MATURITIES For the twelve months ended June 30: June 2021 - 2022 $ 2,200 Note Payable $ 2,200	8. NOTE PAYABLE PPP On April 11, 2020, the Company entered into a term note with Timberland Bank, with a principal amount of $ 582,800 1.00% Beginning in November 2020, the Company will make 18 equal monthly payments of principal and interest with the final payment due in April 2022. The PPP Term Note may be accelerated upon the occurrence of an event of default. The PPP Term Note is unsecured and guaranteed by the United States Small Business Administration. The Company may apply for forgiveness of the PPP Term Note, with the amount which may be forgiven equal to the sum of payroll costs, covered rent and mortgage obligations, and covered utility payments incurred by the Company during the applicable period beginning upon receipt of PPP Term Note funds, calculated in accordance with the terms of the CARES Act. On November 9, 2020, the SBA forgave $ 562,300 As of December 31, 2020, the balance of this loan was $ 19,300 Future note payable loan maturities are as follows: For the years ended December 31: SCHEDULE OF FUTURE NOTE PAYABLE LOAN MATURITIES 2021 $ 14,600 2022 4,700 Note Payable $ 19,300

DEFINED CONTRIBUTION PLAN

DEFINED CONTRIBUTION PLAN	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
DEFINED CONTRIBUTION PLAN	9. DEFINED CONTRIBUTION PLAN Effective January 1, 2016, the Company established a 401(k) plan for qualifying employees; employee contributions are voluntary. Company contributions to the plan for the three months ended June 30, 2021 and 2020 were $ 23,200 0 49,600 0	9. DEFINED CONTRIBUTION PLAN Effective January 1, 2016, the Company established a 401(k) plan for qualifying employees; employee contributions are voluntarily. Company contributions to the plan for the years ended December 31, 2020 and 2019 were $ 70,900 29,800

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	10. COMMITMENTS COMMITMENTS AND CONTINGENCIES From time to time the Company is subject to compliance audits by federal, state and local authorities relating to a variety of regulations including wage and hour laws, taxes, and workers’ compensation. There are no significant or pending litigation or regulatory proceedings known at this time. On November 18, 2020, the Company entered into an agreement with a national public builder to sell 50 finished lots for $ 7,000,000 on March 31, 2021. In conjunction with this agreement the Company received $ 875,000 of nonrefundable earnest money on December 30, 2020 which is included in deferred revenue on the balance sheet. On September 17, 2020, the Company entered into a purchase and sale agreement for the acquisition of 9.6 1,440,000 On June 15, 2020, the Company entered into a purchase and sale agreement to acquire property for the construction of 30 townhomes located in East Bremerton, Washington for $ 2,040,000 On April 20, 2021, the Company entered into a purchase and sale agreement to acquire 106 lots in Horseshoe Bay, Texas for $ 16,900,000 On April 25, 2021, the Company entered into a purchase and sale agreement to acquire 31 2,700 4,750,000 On May 6, 2021, the Company entered into a purchase and sale agreement to acquire 53 4,700,000 On June 7, 2021 the Company entered into a purchase and sale agreement to acquire a 177-unit condominium site in Olympia, Washington for $ 4,425,000 On June 22, 2021 the Company entered into a purchase and sale agreement to acquire a 112-unit condominium site in Burien, Washington for $ 2,600,000	10. COMMITMENTS AND CONTINGENCIES From time to time the Company is subject to compliance audits by federal, state, and local authorities relating to a variety of regulations including wage and hour laws, taxes, and workers’ compensation. There are no significant or pending litigation or regulatory proceedings known at this time. On November 18, 2020, the Company entered into an agreement with a national public builder to sell 50 finished lots for $ 7,000,000 875,000 On November 18, 2020, the Company entered into a purchase and sales agreement to acquire 36 lots located in the Auburn, California for $ 4,900,000 On September 17, 2020, the Company entered into a purchase and sales agreement for the acquisition of 9.6 1,440,000 On August 28, 2020, the Company entered into a purchase and sale agreement to acquire property currently under development for the construction of 36 townhomes located in Bremerton, Washington for $ 1,500,000 On June 15 ,2020, the Company entered into a purchase and sales agreement to acquire property for the construction of 30 townhomes located in East Bremerton, Washington for $ 2,040,000

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	11. RELATED PARTY TRANSACTIONS Notes Payable The Company entered into construction loans with Sound Equity, LLC of which Robb Kenyon, a director and minority shareholder, is a partner. These loans were originated between April 2019 and January 2021; all of the loans have a one-year 8.49 12.00 465,200 0 552,800 0 466,000 202,500 1,141,800 293,400 1,431,100 621,300 1,431,600 466,600 12,250,200 6,489,900 The Company entered into a construction loan with Curb Funding, LLC of which Robb Kenyon a director and minority shareholder, is 100% owner. The loan originated on August 13, 2020. The loan has a one-year 12 0 3,500 0 1,100 0 51,800 2,800 0 As discussed in Note 15 - Subsequent Events, Robb Kenyon resigned as a director of the Company on July 8, 2021. On April 19, 2019, the Company entered into a construction loan with Olympic Views, LLC of which the Company’s Chief Executive Officer and President, previously owned a 50 442,000 12 April 19, 2020 0 0 0 33,200 55,000 6.00 82,826 Due to Related Party The Company utilizes a quarry to process waste materials from the completion of raw land into sellable/buildable lots. The quarry is located on land owned by SGRE, LLC which is 100 25 0 0 26,800 0 41,900 78,300 Richard Schmidtke, a Company director, provided accounting services in 2021 and 2020 to the Company. On June 30, 2021 and December 31, 2020, the fees payable to Mr. Schmidtke were $ 0 500 500 12,000 500 34,300 Land Purchase from a Related Party On September 2, 2020, the Company purchased 99 unfinished lots for $ 3,430,000 50	11. RELATED PARTY TRANSACTIONS Notes Payable The Company entered into construction loans with Sound Capital Loans Inc. of which a director and minority shareholder is a partner. These loans were originated between April 2019 and October 2020; all of the loans have a one 7.99% 12.00% 418,300 771,700 202,500 402,300 726,500 705,700 466,600 451,500 6,438,100 14,935,000 The Company entered into a construction loan with Curb Funding, LLC, of which a director and minority shareholder is 100% owner. The loan originated August 13, 2020. The loan has a one 12% 3,500 0 1,100 0 51,800 0 3,000 0 On April 19, 2019, the Company entered into a construction loan with Olympic Views, LLC of which the Company’s President, owned a 50% 442,000 12% April 19, 2020 0 442,000 17,400 37,600 55,000 6.00 82,826 Due to Related Party The Company has a quarry which it uses to process waste materials from the completion of raw land into sellable/buildable lots. The quarry is located on land owned by SGRE, LLC which is 100% 25% 0 0 136,500 0 0 8,100 Due to Related Party Richard Schmidtke, a Company director, provided accounting services in 2020 and 2019 to the Company. On December 31, 2020 and December 31, 2019, the fees payable to Mr. Schmidtke were $ 500 13,500 51,000 26,300 Land Purchase from a Related Party On September 2, 2020, the Company purchased 99 unfinished lots for $ 3,430,000 Land Distribution to Company’s President In 2019, the Company transferred land and the related mining bond with a book value of $ 495,500 0 495,500

STOCKHOLDERS_ EQUITY (DEFICIT)

STOCKHOLDERS’ EQUITY (DEFICIT)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Equity [Abstract]
STOCKHOLDERS’ EQUITY (DEFICIT)	12. STOCKHOLDERS’ EQUITY STOCKHOLDERS’ EQUITY (DEFICIT) Common Stock The Company is authorized to issue 50,000,000 no 14,898,594 Each share of common stock has one vote per share for all purposes. Common stock does not provide any preemptive, subscription or conversion rights and there are no redemption or sinking fund provisions or rights. Common stockholders are not entitled to cumulative voting for purposes of electing members to the Board of Directors. Preferred Stock At June 30, 2021, the Company is authorized to issue 10,000,000 no 1,260,555 8 25.00 25.00 Conversion at Option of Holder 4.50 5.556 Dividends Preferred Stock 8 140,100 Common Stock. Public Offering and Conversion of Debt The registration statement for the Company’s initial public offering (the “Initial Public Offering”) became effective on August 28, 2020. On September 1, 2020, the Company closed on the Initial Public Offering of 2,031,705 6.00 265,005 12,190,200 10,789,000 In addition, upon closing of the Initial Public Offering the Company issued, to the underwriters, warrants to purchase an aggregate of 88,335 7.50 four years 167,400 Also, upon closing of the Initial Public Offering, the Company issued to Olympic Views, LLC (“Olympic”), 82,826 442,000 55,000 6.00 2021 Common Stock Offering On January 15 and 20, 2021, the Company closed on an offering (the “Follow-On Offering”) of 9,200,000 3.00 1,200,000 27,600,000 25,101,000 In addition, upon closing of the Follow-On Offering the Company issued to the underwriters, warrants to purchase an aggregate of 400,000 3.75 five years 453,800 Preferred Stock Offering On June 11, 2021, the Company closed an offering (the “Preferred Stock Offering”) for 1,200,000 4,140,000 5.00 540,000 30,005,400 60,555 1,406,200 28,661,000 In addition, upon closing of the Preferred Stock Offering, the Company issued to the underwriters two warrants, including (i) warrants to purchase 12,000 36,000 5.00 The warrants issued to investors in this offering have an exercise price of $ 5.00 five years 3,701,600 (A) Options The following is a summary of the Company’s option activity: SCHEDULE OF STOCK OPTIONS ACTIVITY Options Weighted Average Exercise Price Outstanding – December 31, 2020 442,172 $ 2.53 Exercisable – December 31, 2020 219,085 $ 1.31 Granted 25,000 $ 3.39 Exercised (45,046 ) $ 0.40 Forfeited/Cancelled - $ - Outstanding – June 30, 2021 422,126 $ 2.80 Exercisable – June 30, 2021 306,117 $ 2.54 SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Number Exercisable Weighted Average Exercise Price $ 0.40 6.50 422,126 6.07 $ 2.80 306,117 $ 2.54 During the six months ended June 30, 2021, the Company issued 25,000 3.36 3.41 10 years two years 29,600 Stock-Based Compensation. During the six months ended June 30, 2021, the Company had 45,046 0.40 18,000 The Company recognized share-based compensation net of forfeitures related to options of $ 77,300 1,100 The Company recognized share-based compensation net of forfeitures related to options of $ 153,900 1,100 As of June 30, 2021, unrecognized share-based compensation was $ 138,400 The intrinsic value for outstanding and exercisable options as of June 30, 2021 was $ 552,200 460,600 (B) Warrants The following is a summary of the Company’s Common Stock Warrant activity: SCHEDULE OF WARRANTS ACTIVITY Warrants Weighted Average Exercise Price Outstanding – December 31, 2020 110,859 $ 6.06 Exercisable – December 31, 2020 22,524 $ 0.40 Granted 4,757,665 $ 4.89 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – June 30, 2021 4,868,524 $ 4.92 Exercisable – June 30, 2021 3,804,189 $ 4.97 SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Number Exercisable Weighted Average Exercise Price $ 0.40 7.50 4,868,524 4.92 $ 4.92 3,804,189 $ 4.97 The intrinsic value for outstanding and exercisable warrants as of June 30, 2021 was $ 64,000 64,000 The following is a summary of the Company’s Preferred Stock Warrant activity: SCHEDULE OF WARRANTS ACTIVITY Warrants Weighted Average Exercise Price Outstanding – December 31, 2020 - $ - Exercisable – December 31, 2020 - $ - Granted 12,000 $ 24.97 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – June 30, 2021 12,000 $ 24.97 Exercisable – June 30, 2021 - $ - SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE Warrants Outstanding Warrants Exercisable Exercise Number Outstanding Weighted Weighted Number Exercisable Weighted $ 24.97 12,000 4.95 $ 24.97 12,000 $ 24.97 The intrinsic value for outstanding and exercisable warrants as of June 30, 2021 was $ 0 0 (C) Restricted Stock Unit (“RSU”) Plan The following is a summary of the Company’s RSU activity: SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY RSU Weighted Average Exercise Price Outstanding – December 31, 2020 34,000 $ 4.53 Exercisable – December 31, 2020 8,500 $ 4.53 Granted - $ - Exercised - $ - Forfeited/Cancelled - $ - Outstanding – June 30, 20201 34,000 $ 4.53 Exercisable – June 30, 2021 25,500 $ 4.53 The Company periodically grants restricted stock awards to the board of directors and certain employees pursuant to the 2020 RSU plan. These typically are awarded by the board of directors at one time and from time to time, to vest in four equal installments on the last day of a fiscal quarter. The Company recognized $ 38,500 0 77,000 0 38,500	14. STOCKHOLDERS’ EQUITY (DEFICIT) Public Offering and Conversion of Debt The registration statement for the Company’s initial public offering became effective on August 28, 2020. On September 1, 2020, the Company closed on the initial public offering of 2,031,705 6.00 265,005 12,190,200 10,789,000 In addition, upon closing of the initial public offering, the Company issued to the underwriters warrants to purchase an aggregate of 88,335 7.50 four 167,400 Also, upon closing of the initial public offering, the Company issued to Olympic Views, LLC (“Olympic”), 82,826 442,000 55,000 6.00 Common Stock (A) Options The following is a summary of the Company’s option activity: SCHEDULE OF STOCK OPTIONS ACTIVITY Options Weighted Average Exercise Price Outstanding – December 31, 2018 157,664 $ 0.42 Exercisable – December 31, 2018 - $ - Granted 106,762 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 264,426 $ 0.41 Exercisable – December 31, 2019 117,218 $ 0.42 Granted 213,784 $ 4.79 Exercised - $ - Forfeited/Cancelled (36,038 ) $ 0.40 Outstanding – December 31, 2020 442,172 $ 2.53 Exercisable – December 31, 2020 219,085 $ 1.31 SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average $ 0.40 6.50 442,172 6.00 $ 2.53 219,085 $ 1.31 During the year ended December 31, 2019, the Company issued 106,762 0.40 10 3 9,000 Stock-Based Compensation 5,500 During the year ended December 31, 2020, the Company issued 213,784 2.22 6.50 5 10 1 2 343,700 Stock-Based Compensation 71,900 264,600 The intrinsic value for outstanding and exercisable options as of December 31, 2020 was $ 973,800 706,200 0 0 (B) Warrants The following is a summary of the Company’s warrant activity: SCHEDULE OF WARRANTS ACTIVITY Warrants Weighted Average Exercise Price Outstanding – December 31, 2018 - $ - Exercisable – December 31, 2018 - $ - Granted 22,524 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 22,524 $ 0.40 Exercisable – December 31, 2019 22,524 $ 0.40 Granted 88,335 $ 7.50 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 110,859 $ 6.06 Exercisable – December 31, 2020 22,524 $ 0.40 SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average $ 0.40 7.50 110,859 5.51 $ 6.06 22,524 $ 0.40 On December 31, 2019, the total intrinsic value of warrants outstanding and exercisable was $ 0 22,524 0.40 10 1,600 Stock-Based Compensation During the year ended December 31, 2020, the Company issued 88,335 7.50 5 1 167,400 Stock-Based Compensation The intrinsic value for outstanding and exercisable warrants as of December 31, 2020 was $ 89,200 89,200 (C) Restricted Stock Unit (“RSU”) Plan The following is a summary of the Company’s RSU activity: SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY RSU Weighted Average Exercise Price Outstanding – December 31, 2019 - $ - Exercisable – December 31, 2019 - $ - Granted 34,000 $ 4.53 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 34,000 $ 4.53 Exercisable – December 31, 2020 8,500 $ 4.53 The Company periodically grants restricted stock awards to the board of directors and certain employees pursuant to the 2020 RSU plan. These typically are awarded on the first day of a fiscal quarter and fully vest on the last day of the quarter. The Company recognized $ 43,800 115,500

SEGMENTS

SEGMENTS	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
SEGMENTS	13. SEGMENTS The Company’s business is organized into four material reportable segments which aggregate 99% of revenue: 1) Homes revenue 2) Completed lots revenue 3) Entitled land revenue 4) Fee build revenue The reporting segments follow the same accounting policies used in the preparation of the Company’s consolidated financial statements. The following represents selected information for the Company’s reportable segment for the three months ended June 30, 2021 and 2020 and the six months ended June 30, 2021 and 2020. Immaterial construction materials revenues and costs are included in the homes segment. SCHEDULE OF COMPANY’S REPORTABLE SEGMENT For the Three Months ended For the Six Months ended June 30, June 30, 2021 2020 2021 2020 Revenue by segment Homes $ 3,474,200 $ 8,329,800 $ 10,348,400 $ 18,270,800 Completed lots - - 7,000,000 - Entitled land 9,310,000 - 9,310,000 - Fee Build 1,348,200 - 1,348,200 - $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800 Cost of goods sold by segment Homes $ 2,681,500 $ 7,436,000 $ 8,742,800 $ 17,264,200 Completed lots - - 7,046,400 - Entitled land 6,934,900 - 7,094,200 - Fee Build 1,188,700 - 1,188,700 - $ 10,805,100 $ 7,436,000 $ 24,072,100 $ 17,264,200 Gross profit (loss) by segment Homes $ 792,700 $ 893,800 $ 1,605,600 $ 1,006,600 Completed lots - - (46,400 ) - Entitled land 2,375,100 - 2,215,800 - Fee Build 159,500 - 159,500 - $ 3,327,300 $ 893,800 $ 3,934,500 $ 1,006,600

UNCOMPLETED CONTRACTS

UNCOMPLETED CONTRACTS	6 Months Ended
	Jun. 30, 2021
Contractors [Abstract]
UNCOMPLETED CONTRACTS	14. UNCOMPLETED CONTRACTS Costs, estimated earnings and billings on uncompleted contracts are summarized as follows at June 30, 2021 and December 31, 2020: SUMMARY OF COST, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS June 30, 2021 December 31, 2020 Costs incurred on uncompleted contracts $ 1,188,700 $ - Estimated earnings 292,800 - Costs and estimated earnings on uncompleted contracts 1,481,500 - Billings to date 1,287,000 - Costs and estimated earnings in excess of billings on uncompleted contracts 194,500 - Costs and earnings in excess of billings on completed contracts - - Total $ 194,500 $ - Costs in excess of billings $ 194,500 $ - Billings in excess of cost - - Total $ 194,500 $ - The contract asset of $ 1,481,500 1,287,000 194,500

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	15. SUBSEQUENT EVENTS The registration statement for the Company’s follow-on public offering was effective on January 12, 2021. On January 15 and 20, 2021, the Company closed on the public offering of 9,200,000 3.00 1,200,000 27,600,000 400,000 25,256,000 On March 16, 2021, a former employee of the Company exercised 45,046 0.40 18,000 On April 20, 2021, the Company entered into a purchase and sale agreement to acquire 106 lots in Horseshoe Bay, Texas for $ 16,900,000 On April 25, 2021, the Company entered into a purchase and sale agreement to acquire 31 2,700 4,750,000 On May 6, 2021, the Company entered into a purchase and sale agreement to acquire ten lots in Horseshoe Bay, Texas for $ 2,005,200 On May 6, 2021, the Company entered into a purchase and sale agreement to acquire 53 4,700,000 On June 7, 2021 the Company entered into a purchase and sale agreement to acquire a 177-unit condominium site in Olympia, Washington for $ 4,425,000 On July 8 , On July 9, 2021, the Company entered into a purchase and sale agreement to acquire one lot in Horseshoe Bay, Texas for $ 60,000 On July 12, 2021, the Company entered into a purchase and sale agreement to acquire 208-unit condominium site in Sacramento, California for $ 5,544,000 On July 26, 2021, the Company entered into a contract with Lennar to sell 144 entitled lots in Belfair Washington for $ 10,440,000 On July 29, 2021, the Company entered into a non-binding credit facilities agreement with US Capital Global in the amount of $ 158,400,000	15. SUBSEQUENT EVENTS The registration statement for the Company’s follow-on public offering was effective on January 12, 2021. On January 15 and 20, 2021, the Company closed on the public offering of 9,200,000 3.00 1,200,000 27,600,000 400,000 25,256,000 On January 21, 2021, the Company closed on an acquisition of three lots in Austin, Texas for $ 755,000 On January 29, 2021, the Company closed on an acquisition of 36 lots in Auburn, California for $ 4,900,000 4,498,300 On February 16, 2021, the Company entered into a sales agreement with a national public builder to sell 99 lots for $ 7,920,000 8,910,000 On February 22, 2021, the Company acquired nine lots in Driftwood, Texas for $ 1,584,350 On February 25, 2021, the Company entered into a sales agreement to acquire 55 lots in Loomis, California for $ 6,850,000 On March 3, 2021, the Company hired a SOX Compliance Manager. On March 5, 2021, the Company closed on an acquisition of 145 lots located in Belfair, Washington for $ 3,915,000 On March 8, 2021, the Company entered into a purchase and sale agreement to acquire 30 lots in Horseshoe Bay, Texas for $ 2,500,000 On March 8, 2021, the Company entered into a purchase and sale agreement to acquire four lots in Loomis, California for $ 1,100,000 On March 8, 2021, the Company entered into a purchase and sale agreement to acquire the Company’s corporate headquarters office building located in Gig Harbor, Washington for $ 3,050,000 On March 9, 2021, the Company entered into a purchase and sale agreement to acquire four lots in Spicewood, Texas for $ 915,000 On March 16, 2021, a former employee of the Company exercised 45,046 0.40 18,000 On March 18, 2021, the Company closed on an agreement to acquire 22 lots in Rocklin, California for $ 3,944,050 On March 23, 2021, the Company entered into a purchase and sale agreement to acquire an 80-unit condominium site in Tacoma, Washington for $ 2,000,000 On March 30, 2021, the Company entered into a purchase and sale agreement to sell 144 lots located in Belfair, Washington for $ 8,640,000

NATURE OF OPERATIONS AND SUMMAR

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. Nature of Operations The Company’s principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in Washington, California, Texas and Florida. It utilizes its heavy equipment resources to develop an inventory of finished lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the Securities and Exchange Commission SEC and started trading on The Nasdaq Stock Market LLC (“Nasdaq”) on August 28, 2020. Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest June 30, December 31, 2021 2020 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Materials, LLC* July 5, 2018 N/A 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % Pacific Ridge CMS, LLC May 24, 2021 100 % N/A Tanglewilde, LLC June 25, 2021 100 % N/A * Harbor Materials, LLC was voluntarily dissolved with the State of Washington as of January 29, 2021. All intercompany transactions and balances have been eliminated in consolidation. As of June 30, 2021 and December 31, 2020, the aggregate non-controlling interest was $ (1,291,600) (1,289,900) Basis of Presentation The unaudited financial information furnished herein reflects all adjustments, consisting solely of normal recurring items, which in the opinion of management are necessary to fairly state the financial position of the Company and the results of its operations for the periods presented. This report should be read in conjunction with the Company’s consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the (“SEC”) on March 31, 2021. The Company assumes that the users of the interim financial information herein have read or have access to the audited financial statements for the preceding fiscal year and the adequacy of additional disclosure needed for a fair presentation may be determined in that context. The condensed consolidated balance sheet at December 31, 2020 was derived from the audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The results of operations for the interim periods presented are not necessarily indicative of results for the year ending December 31, 2021. The Company’s Board of Directors and stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100. Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used. Stock-Based Compensation Effective as of November 19, 2018, the Company’s Board of Directors and stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the Board of Directors, to determine the issuance of incentive stock options and non-qualified stock options to eligible employees and outside directors and consultants of the Company. The Company reserved 675,676 Effective as of December 3, 2020, the Company’s Board of Directors and stockholders approved and adopted the 2020 Restricted Stock Plan (the “2020 Plan”). The 2020 Plan allows the Administrator (currently the Compensation Committee) to determine the issuance of restricted stock to eligible officers, directors, and key employees. The Company reserved 700,000 The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which is based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the six months ended June 30, 2021 and 2020 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS June 30, 2021 June 30, 2020 Risk-free interest rate 0.23 0.84 1.46 % Exercise price $ 3.36 5.00 $ 2.22 Expected life of grants 2.50 6 5.64 Expected volatility of underlying stock 42.97 56.13 32.39 % Dividends 0 0 The expected term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate the expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded. Now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as the stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods. Earnings (Loss) Per Share Earnings (Loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE 1 2 3 4 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Numerator: Net income (loss) attributable to common stockholders $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Effect of dilutive securities: - - - - Diluted income (net) loss $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Denominator: Weighted average common shares outstanding - basic 14,890,094 3,513,517 14,071,373 3,513,517 Dilutive securities (a): Options 19,778 - - - Warrants 142,653 - - - Weighted average common shares outstanding and assumed 15,052,525 3,513,517 14,071,373 3,513,517 conversion – diluted Basic net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) Diluted net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) (a) - Anti-dilutive securities excluded: 10,570,115 152,032 10,777,506 152,032 Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no Accounts Receivable Accounts receivables are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $ 11,000 0 Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 5 10 Leasehold Improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10 Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with FASB ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $ 219,100 323,300 404,400 636,400 264,900 657,900 475,800 1,051,000 A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property; (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of June 30, 2021 and December 31, 2020, the Company did not have any projects that qualified for an impairment charge. Revenue and Cost Recognition ASC 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of the promised good or service. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which the Company determines revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which the Company expects to be entitled in exchange for those goods or services. ASC 606 requires the Company to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Entitled Land Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a buyer to purchase the parcel of entitled land. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering entitled land to the customer, which are required to meet certain specifications outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract The parcel is a separate performance obligation for which the specific price is in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Developed Lots Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with the buyer to purchase lots that have completed infrastructure. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering developed lots to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract All lots are a single performance obligation for the specific price in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Fee Build Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a customer to construct the required infrastructure so that houses can be developed on the lots. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering developed lots which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract The nature of the industry involves a number of uncertainties that can affect the current state of the contract. Variable considerations are the estimates made due to a contract modification in the contractual service. Change orders, claims, extras, or back charges are common in contractual services activity as a form of variable consideration. If there is going to be a contract modification, judgment by management will need to be made to determine if the variable consideration is enforceable. The following factors are considered in determining if the variable consideration is enforceable: 1. The customer’s written approval of the scope of the change order; 2. Current contract language that indicates clear and enforceable entitlement relating to the change order; 3. Separate documentation for the change order costs that are identifiable and reasonable; and 4. The Company’s experience in negotiating change orders, especially as it relates to the specific type of contract and change order being evaluated Once the Company receives a contract, it generates a budget of projected costs for the contract based on the contract price. If the scope of the contract during the contractual period needs to be modified, the Company files a change order. The Company does not continue to perform services until the change modification is agreed upon with documentation by both the Company and the customer. There are few times that claims, extras, or back charges are included in the contract. If there are multiple performance obligations to the contract, the costs must be allocated appropriately and consistently to each performance obligation. In the Company’s experience, usually only one performance obligation is stated per contract. If there are multiple services provided for one customer, the Company has a policy of splitting out the services over multiple contracts. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company uses the total costs incurred on the project relative to the total expected costs to satisfy the performance obligation. The input method involves measuring the resources consumed, labor hours expended, costs incurred, time lapsed, or machine hours used relative to the total expected inputs to the satisfaction of the performance obligation. Costs incurred prior to actual contract (i.e. design, engineering, procurement of material, etc.) should not be recognized as the client does not have control of the good/service provided. When the estimate on a contract indicates a loss or claims against costs incurred reduce the likelihood of recoverability of such costs, the Company records the entire estimated loss in the period the loss becomes known. Project contracts typically provide for a schedule of billings or invoices to the customer based on the Company’s job to date percentage of completion of specific tasks inherent in the fulfillment of its performance obligation(s). The schedules for such billings usually do not precisely match the schedule on which costs are incurred. As a result, contract revenue recognized in the statement of operations can and usually does differ from amounts that can be billed or invoiced to the customer at any point during the contract. Amounts by which cumulative contract revenue recognized on a contract as of a given date exceed cumulative billings and unbilled receivables to the customer under the contract are reflected as a current asset in the Company’s balance sheet under the captions “Contract Asset” which is further disclosed in Note 14. Amounts by which cumulative billings to the customer under a contract as of a given date exceed cumulative contract revenue recognized on the contract are reflected as a current liability in the Company’s balance sheet under the caption “Billings in excess of costs and estimated earnings.” A detailed breakdown of the five-step process for the revenue recognition of Home Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering a developed lot with a completed house to the customer, which is required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. The Company delivers or receives materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provides customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the Company. Revenues from contracts with customers are summarized by category as follows for the three and six months ended June 30: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Entitled Land $ 9,310,000 $ - $ 9,310,000 $ - Developed Lots - - 7,000,000 - Fee Build 1,348,200 - 1,348,200 - Homes 3,371,700 8,016,400 10,185,900 17,921,000 Construction Materials 102,500 313,400 162,500 349,800 Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800 Disaggregation of Revenue from Contracts with Customers The following table disaggregates the Company’s revenue based on the type of sale or service and the timing of satisfaction of performance obligations for the three and six months ended June 30, 2021 and 2020: DISAGGREGATION OF REVENUE FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Performance obligations satisfied at a point in time $ 12,784,200 $ 8,329,800 $ 26,658,400 $ 18,270,800 Performance obligations satisfied over time 1,348,200 - 1,348,200 - Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800 Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred. Advertising Costs for designing, producing and communicating advertising are expensed as incurred. Advertising expense for the three months ended June 30, 2021 and 2020 was $ 11,500 1,000 Advertising expense for the six months ended June 30, 2021 and 2020 was $ 12,000 8,500 Leases On January 1, 2019, the Company adopted ASU 2016-02 “ Leases” As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease 2. Not to apply the recognition requirements in ASC 842 to short-term leases; and 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the FASB released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update) to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of June 30, 2021 and December 31, 2020. Recent Accounting Pronouncements On December 18, 2019, the FASB released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The adoption did not have a material impact on the Company. In August 2020, the FASB issued Accounting Standards Update 2020-06, Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging — Contracts in Entity’s Own Equity (Subtopic 815-40) (“ASU 2020-06”) to simplify accounting for certain financial instruments. ASU 2020-06 eliminates the current models that require separation of beneficial conversion and cash conversion features from convertible instruments and simplifies the derivative scope exception guidance pertaining to equity classification of contracts in an entity’s own equity. The new standard also introduces additional disclosures for convertible debt and freestanding instruments that are indexed to and settled in an entity’s own equity. ASU 2020-06 amends the diluted earnings per share guidance, including the requirement to use the if-converted method for all convertible instruments. ASU 2020-06 is effective January 1, 2022 and should be applied on a full or modified retrospective basis, with early adoption permitted beginning on January 1, 2021. The Company adopted ASU 2020-06 on January 1, 2021. The adoption of ASU 2020-06 did not have an impact on the Company. On May 3, 2021, the FASB released Accounting Standards Update No. 2021-04, Compensation – Earning Per Share (Topic 260), Debt - Modifications and Extinguishments (subtopic 470-50), Compensation - Stock compensation (Topic 718), Contracts in Entity’s Own Equity (Subtopic 815-40) Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options. FASB issued this update to clarify and reduce diversity in an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options (for example warrants) that remain equity classified after modification or exchange. The Standard is effective for fiscal years beginning after December 15, 2021. The Company does not believe the adoption will have a material impact on the Company. Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of June 30, 2021, and December 31, 2020, there were no impairment losses recognized for long-lived assets. Offering Costs Associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” On January 15 and 20, 2021, the Company closed on a follow-on public offering and overallotment option, respectively, of common stock. During 2020, the Company incurred approximately $ 65,100	NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations Our principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in the Puget Sound region of Washington State, California, and Texas. We utilize our heavy equipment resources to develop an inventory finished building lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the SEC and started trading on the NASDAQ on August 31, 2020. Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020. All intercompany transactions and balances have been eliminated in consolidation. As of December 31, 2020, and December 31, 2019, the aggregate non-controlling interest was $( 1,289,900 1,060,600 Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The Company’s board of directors and stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100. Reclassification Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations. Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used. Stock-Based Compensation Effective as of November 19, 2018, the Company’s board of directors and stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the board of directors, to determine the issuance of incentive stock options, non-qualified stock options and restricted stock to eligible employees and outside directors and consultants of the Company. The Company has reserved 675,676 The 2020 Restricted Stock Plan allows the Administrator (currently the Compensation Committee), to determine the issuance of restricted stock to eligible officers, directors, and key employees. We reserved 700,000 The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered and have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% 1.46 % 1.56 1.84 % Exercise price $ 2.22 6.50 $ 0.40 Expected life of grants 2.86 6.00 5.0 6.53 Expected volatility of underlying stock 32.39% 51.94 % 31.75 32.89 % Dividends 0 % 0 % The expected option term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded, now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as our stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods. Earnings (Loss) Per Share Earnings (loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the FASB Accounting Standards Codification. Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE December 31, 2020 December 31, 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742 Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments. Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no Accounts Receivable Accounts receivable are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $ 0 11,300 Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 10 Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10 Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with Financial Accounting Standards Board (“FASB”) ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance, and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $ 1,024,800 1,229,400 2,401,400 1,563,700 A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property: (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value, and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of December 31, 2020, and 2019, the Company did not have any projects that qualified for an impairment charge. Revenue and Cost Recognition Accounting Standards codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which we expect to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which we determine revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which we expect to be entitled in exchange for those goods or services. ASC 606 requires us to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Real Estate Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the company include delivering a develop lot with a completed house to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have further performance obligation once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. To deliver or receive materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provide customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the company. Revenues for Real Estate and Construction Materials: Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500 Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred. Advertising Costs for designing, producing, and communicating advertising are expensed as incurred. Advertising expense for the years ended December 31, 2020 and 2019 were $ 37,500 67,500 Leases In February 2016, the FASB issued ASU 2016-02 “ Leases” On January 1, 2019, the Company adopted ASC 842 using the modified retrospective approach and recognized a right of use (“ROU”) asset and related liability on the consolidated balance sheet in the amount of $ 474,200 As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease component and the non-lease components associated with that lease component as a single lease. 2. Not to apply the recognition requirements in ASC 842 to short-term leases. 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that would be considered immaterial. Refer to Note 12. Leases for additional disclosures required by ASC 842. Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update) to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of December 31, 2020 and December 31, 2019. Recent Accounting Pronouncements On February 25, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-02, Leases (Topic 842) (the Update). This ASU requires an entity to recognize a right-of-use asset (“ROU”) and lease liability for all leases with terms of more than 12 months. The amendments also require certain quantitative and qualitative disclosures about leasing arrangements. Leases will be classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. The new standard is effective for the Company on January 1, 2019, with early adoption permitted. The adoption has been reflected in the right of use asset and liability on the balance sheet. On December 18, 2019, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The Company is currently evaluating the effect of this standard. Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of December 31, 2020, and December 31, 2019, there were no impairment losses recognized for long-lived assets. Offering Costs Associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” 1,401,100 On January 15, 2021, we closed on a follow-on public offering and overallotment option, respectively, of our common stock. During 2020, we incurred approximately $ 65,100

LEASES

LEASES	12 Months Ended
	Dec. 31, 2020
Leases
LEASES	12. LEASES The Company determines if an arrangement contains a lease at inception. ROU assets represent the right to use an underlying asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. ROU assets and liabilities are recognized at the lease commencement date based on the estimated present value of lease payments over the lease term. The Company’s leases consist of leaseholds on office space, machinery, and equipment. The Company utilized a portfolio approach in determining the discount rate. The portfolio approach takes into consideration the range of the term, the range of the lease payments, the category of the underlying asset and the Company’s estimated incremental borrowing rate, which is derived from information available at the lease commencement date, in determining the present value of lease payments. The Company also considered its recent debt issuances as well as publicly available data for instruments with similar characteristics when calculating the incremental borrowing rates. The lease term includes options to extend the lease when it is reasonably certain that the Company will exercise that option. These operating leases contain renewal options for periods ranging from three to five years that expire at various dates with no residual value guarantees. Future obligations relating to the exercise of renewal options is included in the measurement if, based on the judgment of management, the renewal option is reasonably certain to be exercised. Factors in determining whether an option is reasonably certain of exercise include, but are not limited to, the value of leasehold improvements, the value of the renewal rate compared to market rates, and the presence of factors that would cause a significant economic penalty to the Company if the option is not exercised. Management reasonably plans to exercise all options, and as such, all renewal options are included in the measurement of the right-of-use assets and operating lease liabilities. Leases with a term of 12 The Company recognizes variable lease payments in the period in which the obligation for those payments is incurred. Variable lease payments that depend on an index or a rate are initially measured using the index or rate at the commencement date, otherwise variable lease payments are recognized in the period incurred. The components of lease expense were as follows: SCHEDULE OF COMPONENTS OF LEASE EXPENSE Year Ended Year Ended December 31, 2020 December 31, 2019 Finance leases: Depreciation of assets $ 88,000 $ 98,300 Interest on lease liabilities 38,000 52,600 Operating lease expense 328,300 200,800 Total net lease cost $ 454,300 $ 351,700 Supplemental balance sheet information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES December 31, 2020 December 31, 2019 Operating leases: Operating lease ROU assets $ 873,800 $ 1,132,700 Total ROU Liabilities $ 841,700 $ 1,115,500 Finance leases: Property and equipment, at cost $ 1,411,100 $ 983,400 Accumulated depreciation 140,400 250,500 Property and equipment, net $ 1,270,700 $ 732,900 Total Finance lease liabilities $ 999,400 $ 520,700 Supplemental cash flow and other information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL CASH FLOW AND OTHER INFORMATION RELATED TO LEASES Year Ended Year Ended December 31, 2020 December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (273,800 ) $ (170,700 ) Financing cash flows from finance leases (564,400 ) (185,100 ) Assets obtained in exchange for lease liabilities: Operating leases $ 0 $ 1,286,200 Finance leases 1,043,100 0 Weighted average remaining lease term (in years): Operating leases 3.2 3.8 Finance leases 3.1 2.0 Weighted average discount rate: Operating leases 9.9 % 7.0 % Finance leases 5.2 % 7.98 % The minimum lease payments under the terms of the leases are as follows: SCHEDULE OF MINIMUM LEASE PAYMENTS UNDER THE TERMS OF THE LEASES For the years ended December 31, 2020: Operating Leases Finance Leases Total 2021 $ 320,800 $ 397,100 $ 717,900 2022 303,000 269,400 572,400 2023 196,800 264,500 461,300 2024 113,900 161,300 276,200 2025 - - - Total lease payments $ 934,500 $ 1,093,300 $ 2,027,800 Less amount of discount/interest (92,800 ) (93,900 ) (186,700 ) $ 841,700 $ 999,400 $ 1,841,100

INCOME TAX

INCOME TAX	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
INCOME TAX	13. INCOME TAX The components of net deferred tax assets and liabilities at December 31, 2020 and 2019 are set forth below: SCHEDULE OF COMPONENTS OF NET DEFERRED TAX ASSETS AND LIABILITIES December 31, 2020 December 31, 2019 Deferred tax assets: Federal NOL Carryforward $ 1,794,200 $ 2,316,300 UNICAP 193,000 777,800 Lease Liability 176,700 - Stock Based compensation 9,200 - Investments 57,100 - Total assets 2,230,200 3,094,100 Deferred tax liabilities: Property and equipment 1,705,400 2,922,500 Right of use assets 183,500 - Total liabilities 1,888,900 2,922,500 Subtotal deferred tax assets (liabilities) 341,300 171,600 Valuation Allowance (341,300 ) - Net deferred tax assets (liabilities) $ - $ 171,600 In accordance with GAAP, management assesses whether it is more-likely-than-not that some portion or all of the deferred tax assets would not be realized, and a valuation allowance is warranted. At December 31, 2020, management determined that it was more-likely-than-not that a valuation amount should be applied against the Company’s net deferred tax assets. On December 31, 2019, management determined that it was more-likely-than-not that the Company’s deferred tax assets would be realized. Accordingly, on December 31, 2019, no valuation allowance was recorded against the Company’s federal net deferred tax assets. The change in valuation allowance in the current year was an increase of $ 341,300 The Company has approximately $ 8.5 These NOLs will not expire but are limited to 80% of taxable income, due to the CARES Act. The components of income tax expense and the effective tax rates for the years ended December 31, 2020 and 2019 are as follows: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE AND THE EFFECTIVE TAX RATES Years Ended December 31, 2020 2019 Current: Federal $ - $ - Total Current - - Deferred: Federal (224,500 ) (634,600 ) Total Deferred (224,500 ) (634,600 ) Valuation Allowance 341,300 - Total Income Tax (Benefit) Expense $ 116,800 $ (634,600 ) The expected tax rate differs from the U.S. Federal statutory rate as follows: SCHEDULE OF EXPECTED INCOME TAX RATE 2020 2019 US Federal statutory rate 21 % 21 % Adjustment for Deferred Tax (16.3 %) 124 % PPP Loan forgiveness 3.2 % 0 % Change in Federal Valuation Allowance (9.4 %) 0 % Non-controlling interest (1.3 %) 0 % Other (0.4 %) 0 % Effective Tax Rate (3.2 %) 145 % On December 31, 2020, the Company has not recorded any uncertain tax positions for any tax year and treats accrued interest and penalties on income tax liabilities as income tax expense. The Company files an income tax return in the U.S. and is subject to examination by the IRS for the tax years 2018 and 2019.

Nature of Operations (Policies)

Nature of Operations (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Nature Of Operations
Basis of Presentation	Basis of Presentation The unaudited financial information furnished herein reflects all adjustments, consisting solely of normal recurring items, which in the opinion of management are necessary to fairly state the financial position of the Company and the results of its operations for the periods presented. This report should be read in conjunction with the Company’s consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the (“SEC”) on March 31, 2021. The Company assumes that the users of the interim financial information herein have read or have access to the audited financial statements for the preceding fiscal year and the adequacy of additional disclosure needed for a fair presentation may be determined in that context. The condensed consolidated balance sheet at December 31, 2020 was derived from the audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The results of operations for the interim periods presented are not necessarily indicative of results for the year ending December 31, 2021. The Company’s Board of Directors and stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100.	Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The Company’s board of directors and stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100.
Use of Estimates	Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.	Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.
Stock-Based Compensation	Stock-Based Compensation Effective as of November 19, 2018, the Company’s Board of Directors and stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the Board of Directors, to determine the issuance of incentive stock options and non-qualified stock options to eligible employees and outside directors and consultants of the Company. The Company reserved 675,676 Effective as of December 3, 2020, the Company’s Board of Directors and stockholders approved and adopted the 2020 Restricted Stock Plan (the “2020 Plan”). The 2020 Plan allows the Administrator (currently the Compensation Committee) to determine the issuance of restricted stock to eligible officers, directors, and key employees. The Company reserved 700,000 The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which is based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the six months ended June 30, 2021 and 2020 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS June 30, 2021 June 30, 2020 Risk-free interest rate 0.23 0.84 1.46 % Exercise price $ 3.36 5.00 $ 2.22 Expected life of grants 2.50 6 5.64 Expected volatility of underlying stock 42.97 56.13 32.39 % Dividends 0 0 The expected term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate the expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded. Now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as the stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods.	Stock-Based Compensation Effective as of November 19, 2018, the Company’s board of directors and stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the board of directors, to determine the issuance of incentive stock options, non-qualified stock options and restricted stock to eligible employees and outside directors and consultants of the Company. The Company has reserved 675,676 The 2020 Restricted Stock Plan allows the Administrator (currently the Compensation Committee), to determine the issuance of restricted stock to eligible officers, directors, and key employees. We reserved 700,000 The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered and have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% 1.46 % 1.56 1.84 % Exercise price $ 2.22 6.50 $ 0.40 Expected life of grants 2.86 6.00 5.0 6.53 Expected volatility of underlying stock 32.39% 51.94 % 31.75 32.89 % Dividends 0 % 0 % The expected option term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded, now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as our stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods.
Earnings (Loss) Per Share	Earnings (Loss) Per Share Earnings (Loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE 1 2 3 4 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Numerator: Net income (loss) attributable to common stockholders $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Effect of dilutive securities: - - - - Diluted income (net) loss $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Denominator: Weighted average common shares outstanding - basic 14,890,094 3,513,517 14,071,373 3,513,517 Dilutive securities (a): Options 19,778 - - - Warrants 142,653 - - - Weighted average common shares outstanding and assumed 15,052,525 3,513,517 14,071,373 3,513,517 conversion – diluted Basic net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) Diluted net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) (a) - Anti-dilutive securities excluded: 10,570,115 152,032 10,777,506 152,032	Earnings (Loss) Per Share Earnings (loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the FASB Accounting Standards Codification. Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE December 31, 2020 December 31, 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742
Fair Value of Financial Instruments	Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments.	Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no
Accounts Receivable	Accounts Receivable Accounts receivables are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $ 11,000 0	Accounts Receivable Accounts receivable are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $ 0 11,300
Property and Equipment and Depreciation	Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 5 10 Leasehold Improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10	Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 10 Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10
Real Estate Assets	Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with FASB ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $ 219,100 323,300 404,400 636,400 264,900 657,900 475,800 1,051,000 A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property; (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of June 30, 2021 and December 31, 2020, the Company did not have any projects that qualified for an impairment charge.	Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with Financial Accounting Standards Board (“FASB”) ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance, and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $ 1,024,800 1,229,400 2,401,400 1,563,700 A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property: (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value, and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of December 31, 2020, and 2019, the Company did not have any projects that qualified for an impairment charge.
Revenue and Cost Recognition	Revenue and Cost Recognition ASC 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of the promised good or service. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which the Company determines revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which the Company expects to be entitled in exchange for those goods or services. ASC 606 requires the Company to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Entitled Land Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a buyer to purchase the parcel of entitled land. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering entitled land to the customer, which are required to meet certain specifications outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract The parcel is a separate performance obligation for which the specific price is in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Developed Lots Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with the buyer to purchase lots that have completed infrastructure. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering developed lots to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract All lots are a single performance obligation for the specific price in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Fee Build Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a customer to construct the required infrastructure so that houses can be developed on the lots. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering developed lots which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract The nature of the industry involves a number of uncertainties that can affect the current state of the contract. Variable considerations are the estimates made due to a contract modification in the contractual service. Change orders, claims, extras, or back charges are common in contractual services activity as a form of variable consideration. If there is going to be a contract modification, judgment by management will need to be made to determine if the variable consideration is enforceable. The following factors are considered in determining if the variable consideration is enforceable: 1. The customer’s written approval of the scope of the change order; 2. Current contract language that indicates clear and enforceable entitlement relating to the change order; 3. Separate documentation for the change order costs that are identifiable and reasonable; and 4. The Company’s experience in negotiating change orders, especially as it relates to the specific type of contract and change order being evaluated Once the Company receives a contract, it generates a budget of projected costs for the contract based on the contract price. If the scope of the contract during the contractual period needs to be modified, the Company files a change order. The Company does not continue to perform services until the change modification is agreed upon with documentation by both the Company and the customer. There are few times that claims, extras, or back charges are included in the contract. If there are multiple performance obligations to the contract, the costs must be allocated appropriately and consistently to each performance obligation. In the Company’s experience, usually only one performance obligation is stated per contract. If there are multiple services provided for one customer, the Company has a policy of splitting out the services over multiple contracts. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company uses the total costs incurred on the project relative to the total expected costs to satisfy the performance obligation. The input method involves measuring the resources consumed, labor hours expended, costs incurred, time lapsed, or machine hours used relative to the total expected inputs to the satisfaction of the performance obligation. Costs incurred prior to actual contract (i.e. design, engineering, procurement of material, etc.) should not be recognized as the client does not have control of the good/service provided. When the estimate on a contract indicates a loss or claims against costs incurred reduce the likelihood of recoverability of such costs, the Company records the entire estimated loss in the period the loss becomes known. Project contracts typically provide for a schedule of billings or invoices to the customer based on the Company’s job to date percentage of completion of specific tasks inherent in the fulfillment of its performance obligation(s). The schedules for such billings usually do not precisely match the schedule on which costs are incurred. As a result, contract revenue recognized in the statement of operations can and usually does differ from amounts that can be billed or invoiced to the customer at any point during the contract. Amounts by which cumulative contract revenue recognized on a contract as of a given date exceed cumulative billings and unbilled receivables to the customer under the contract are reflected as a current asset in the Company’s balance sheet under the captions “Contract Asset” which is further disclosed in Note 14. Amounts by which cumulative billings to the customer under a contract as of a given date exceed cumulative contract revenue recognized on the contract are reflected as a current liability in the Company’s balance sheet under the caption “Billings in excess of costs and estimated earnings.” A detailed breakdown of the five-step process for the revenue recognition of Home Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering a developed lot with a completed house to the customer, which is required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. The Company delivers or receives materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provides customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the Company. Revenues from contracts with customers are summarized by category as follows for the three and six months ended June 30: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Entitled Land $ 9,310,000 $ - $ 9,310,000 $ - Developed Lots - - 7,000,000 - Fee Build 1,348,200 - 1,348,200 - Homes 3,371,700 8,016,400 10,185,900 17,921,000 Construction Materials 102,500 313,400 162,500 349,800 Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800 Disaggregation of Revenue from Contracts with Customers The following table disaggregates the Company’s revenue based on the type of sale or service and the timing of satisfaction of performance obligations for the three and six months ended June 30, 2021 and 2020: DISAGGREGATION OF REVENUE FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Performance obligations satisfied at a point in time $ 12,784,200 $ 8,329,800 $ 26,658,400 $ 18,270,800 Performance obligations satisfied over time 1,348,200 - 1,348,200 - Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800	Revenue and Cost Recognition Accounting Standards codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which we expect to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which we determine revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which we expect to be entitled in exchange for those goods or services. ASC 606 requires us to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Real Estate Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the company include delivering a develop lot with a completed house to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have further performance obligation once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. To deliver or receive materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provide customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the company. Revenues for Real Estate and Construction Materials: Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500
Cost of Sales	Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred.	Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred.
Advertising	Advertising Costs for designing, producing and communicating advertising are expensed as incurred. Advertising expense for the three months ended June 30, 2021 and 2020 was $ 11,500 1,000 Advertising expense for the six months ended June 30, 2021 and 2020 was $ 12,000 8,500	Advertising Costs for designing, producing, and communicating advertising are expensed as incurred. Advertising expense for the years ended December 31, 2020 and 2019 were $ 37,500 67,500
Leases	Leases On January 1, 2019, the Company adopted ASU 2016-02 “ Leases” As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease 2. Not to apply the recognition requirements in ASC 842 to short-term leases; and 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that	Leases In February 2016, the FASB issued ASU 2016-02 “ Leases” On January 1, 2019, the Company adopted ASC 842 using the modified retrospective approach and recognized a right of use (“ROU”) asset and related liability on the consolidated balance sheet in the amount of $ 474,200 As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease component and the non-lease components associated with that lease component as a single lease. 2. Not to apply the recognition requirements in ASC 842 to short-term leases. 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that would be considered immaterial. Refer to Note 12. Leases for additional disclosures required by ASC 842.
Income Taxes	Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the FASB released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update) to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of June 30, 2021 and December 31, 2020.	Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update) to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of December 31, 2020 and December 31, 2019.
Recent Accounting Pronouncements	Recent Accounting Pronouncements On December 18, 2019, the FASB released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The adoption did not have a material impact on the Company. In August 2020, the FASB issued Accounting Standards Update 2020-06, Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging — Contracts in Entity’s Own Equity (Subtopic 815-40) (“ASU 2020-06”) to simplify accounting for certain financial instruments. ASU 2020-06 eliminates the current models that require separation of beneficial conversion and cash conversion features from convertible instruments and simplifies the derivative scope exception guidance pertaining to equity classification of contracts in an entity’s own equity. The new standard also introduces additional disclosures for convertible debt and freestanding instruments that are indexed to and settled in an entity’s own equity. ASU 2020-06 amends the diluted earnings per share guidance, including the requirement to use the if-converted method for all convertible instruments. ASU 2020-06 is effective January 1, 2022 and should be applied on a full or modified retrospective basis, with early adoption permitted beginning on January 1, 2021. The Company adopted ASU 2020-06 on January 1, 2021. The adoption of ASU 2020-06 did not have an impact on the Company. On May 3, 2021, the FASB released Accounting Standards Update No. 2021-04, Compensation – Earning Per Share (Topic 260), Debt - Modifications and Extinguishments (subtopic 470-50), Compensation - Stock compensation (Topic 718), Contracts in Entity’s Own Equity (Subtopic 815-40) Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options. FASB issued this update to clarify and reduce diversity in an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options (for example warrants) that remain equity classified after modification or exchange. The Standard is effective for fiscal years beginning after December 15, 2021. The Company does not believe the adoption will have a material impact on the Company.	Recent Accounting Pronouncements On February 25, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-02, Leases (Topic 842) (the Update). This ASU requires an entity to recognize a right-of-use asset (“ROU”) and lease liability for all leases with terms of more than 12 months. The amendments also require certain quantitative and qualitative disclosures about leasing arrangements. Leases will be classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. The new standard is effective for the Company on January 1, 2019, with early adoption permitted. The adoption has been reflected in the right of use asset and liability on the balance sheet. On December 18, 2019, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The Company is currently evaluating the effect of this standard.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of June 30, 2021, and December 31, 2020, there were no impairment losses recognized for long-lived assets.	Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of December 31, 2020, and December 31, 2019, there were no impairment losses recognized for long-lived assets.
Offering Costs Associated with a Public Offering	Offering Costs Associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” On January 15 and 20, 2021, the Company closed on a follow-on public offering and overallotment option, respectively, of common stock. During 2020, the Company incurred approximately $ 65,100	Offering Costs Associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” 1,401,100 On January 15, 2021, we closed on a follow-on public offering and overallotment option, respectively, of our common stock. During 2020, we incurred approximately $ 65,100

NATURE OF OPERATIONS AND SUMM_2

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations The Company’s principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in Washington, California, Texas and Florida. It utilizes its heavy equipment resources to develop an inventory of finished lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the Securities and Exchange Commission SEC and started trading on The Nasdaq Stock Market LLC (“Nasdaq”) on August 28, 2020.	Nature of Operations Our principal business activity involves acquiring raw land and developed lots for the purpose of building and selling single family and multi-family dwellings in the Puget Sound region of Washington State, California, and Texas. We utilize our heavy equipment resources to develop an inventory finished building lots and provide development infrastructure construction, on a contract basis, for other home builders. Single family construction and infrastructure construction contracts vary but are typically less than one year. On August 1, 2019, the Company changed its name from Harbor Custom Homes, Inc. to Harbor Custom Development, Inc. The Company became an effective filer with the SEC and started trading on the NASDAQ on August 31, 2020.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest June 30, December 31, 2021 2020 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Materials, LLC* July 5, 2018 N/A 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % Pacific Ridge CMS, LLC May 24, 2021 100 % N/A Tanglewilde, LLC June 25, 2021 100 % N/A * Harbor Materials, LLC was voluntarily dissolved with the State of Washington as of January 29, 2021. All intercompany transactions and balances have been eliminated in consolidation. As of June 30, 2021 and December 31, 2020, the aggregate non-controlling interest was $ (1,291,600) (1,289,900)	Principles of Consolidation The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020. All intercompany transactions and balances have been eliminated in consolidation. As of December 31, 2020, and December 31, 2019, the aggregate non-controlling interest was $( 1,289,900 1,060,600
Basis of Presentation	Basis of Presentation The unaudited financial information furnished herein reflects all adjustments, consisting solely of normal recurring items, which in the opinion of management are necessary to fairly state the financial position of the Company and the results of its operations for the periods presented. This report should be read in conjunction with the Company’s consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the (“SEC”) on March 31, 2021. The Company assumes that the users of the interim financial information herein have read or have access to the audited financial statements for the preceding fiscal year and the adequacy of additional disclosure needed for a fair presentation may be determined in that context. The condensed consolidated balance sheet at December 31, 2020 was derived from the audited financial statements but does not include all disclosures required by accounting principles generally accepted in the United States of America. The results of operations for the interim periods presented are not necessarily indicative of results for the year ending December 31, 2021. The Company’s Board of Directors and stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100.	Basis of Presentation The Company’s consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The Company’s board of directors and stockholders approved a 1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock. as if it had occurred at the beginning of the earliest period presented. All numbers in these financial statements are rounded to the nearest $100.
Reclassification		Reclassification Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.
Use of Estimates	Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.	Use of Estimates Management uses estimates and assumptions in preparing these financial statements in accordance with generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Actual results could vary from the estimates that were used.
Stock-Based Compensation	Stock-Based Compensation Effective as of November 19, 2018, the Company’s Board of Directors and stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the Board of Directors, to determine the issuance of incentive stock options and non-qualified stock options to eligible employees and outside directors and consultants of the Company. The Company reserved 675,676 Effective as of December 3, 2020, the Company’s Board of Directors and stockholders approved and adopted the 2020 Restricted Stock Plan (the “2020 Plan”). The 2020 Plan allows the Administrator (currently the Compensation Committee) to determine the issuance of restricted stock to eligible officers, directors, and key employees. The Company reserved 700,000 The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which is based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the six months ended June 30, 2021 and 2020 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS June 30, 2021 June 30, 2020 Risk-free interest rate 0.23 0.84 1.46 % Exercise price $ 3.36 5.00 $ 2.22 Expected life of grants 2.50 6 5.64 Expected volatility of underlying stock 42.97 56.13 32.39 % Dividends 0 0 The expected term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate the expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded. Now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as the stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods.	Stock-Based Compensation Effective as of November 19, 2018, the Company’s board of directors and stockholders approved and adopted the 2018 Incentive and Non-Statutory Stock Option Plan (the “2018 Plan”). The 2018 Plan allows the Administrator (as defined in the 2018 Plan), currently the board of directors, to determine the issuance of incentive stock options, non-qualified stock options and restricted stock to eligible employees and outside directors and consultants of the Company. The Company has reserved 675,676 The 2020 Restricted Stock Plan allows the Administrator (currently the Compensation Committee), to determine the issuance of restricted stock to eligible officers, directors, and key employees. We reserved 700,000 The Company accounts for stock-based compensation in accordance with ASC Topic 718, “ Compensation – Stock Compensation” The Company recognizes all forms of share-based payments, including stock option grants, warrants and restricted stock grants, at their fair value on the grant date, which are based on the estimated number of awards that are ultimately expected to vest. Options and warrants are valued using a Black-Scholes option pricing model. Grants of share-based payment awards issued to non-employees for services rendered and have been recorded at the fair value of the share-based payment. The grants are amortized on a straight-line basis over the requisite service periods, which is generally the vesting period. If an award is granted, but vesting does not occur, any previously recognized compensation expense is reversed in the period related to the termination of service. Stock-based compensation expenses are included in selling, general and administrative expenses in the consolidated statement of operations. For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% 1.46 % 1.56 1.84 % Exercise price $ 2.22 6.50 $ 0.40 Expected life of grants 2.86 6.00 5.0 6.53 Expected volatility of underlying stock 32.39% 51.94 % 31.75 32.89 % Dividends 0 % 0 % The expected option term is computed using the “simplified” method as permitted under the provisions of ASC 718-10-S99. The Company uses the simplified method to calculate expected term of share options and similar instruments as the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. The share price as of the grant date was determined by an independent third party 409(a) valuation until the Company’s stock became publicly traded, now the share price is the public trading price at the time of grant. Expected volatility is based on the historical stock price volatility of comparable companies’ common stock, as our stock does not have sufficient historical trading activity. Risk free interest rates were obtained from U.S. Treasury rates for the applicable periods.
Earnings (Loss) Per Share	Earnings (Loss) Per Share Earnings (Loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”). Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE 1 2 3 4 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Numerator: Net income (loss) attributable to common stockholders $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Effect of dilutive securities: - - - - Diluted income (net) loss $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Denominator: Weighted average common shares outstanding - basic 14,890,094 3,513,517 14,071,373 3,513,517 Dilutive securities (a): Options 19,778 - - - Warrants 142,653 - - - Weighted average common shares outstanding and assumed 15,052,525 3,513,517 14,071,373 3,513,517 conversion – diluted Basic net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) Diluted net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) (a) - Anti-dilutive securities excluded: 10,570,115 152,032 10,777,506 152,032	Earnings (Loss) Per Share Earnings (loss) per share (“EPS”) is the amount of earnings attributable to each share of common stock. For convenience, the term is used to refer to either earnings or loss per share. EPS is computed pursuant to Section 260-10-45 of the FASB Accounting Standards Codification. Pursuant to ASC Paragraphs 260-10-45-10 through 260-10-45-16, basic EPS shall be computed by dividing income available to common stockholders (the numerator) by the weighted-average number of common shares outstanding (the denominator) during the period. Income available to common stockholders shall be computed by deducting both the dividends declared in the period on preferred stock (whether or not paid) and the dividends accumulated for the period on cumulative preferred stock (whether or not earned) from income from continuing operations (if that amount appears in the income statement) and also from net income. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if the dilutive potential common shares had been issued during the period to reflect the potential dilution that could occur from common shares issuable through contingent shares issuance arrangement, stock options or warrants. The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE December 31, 2020 December 31, 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742
Fair Value of Financial Instruments	Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments.	Fair Value of Financial Instruments For purpose of this disclosure, the fair value of a financial instrument is the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced sale or liquidation. The carrying amount of the Company’s short-term financial instruments approximates fair value due to the relatively short period to maturity for these instruments.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no	Cash and Cash Equivalents For purposes of the statement of cash flows, the Company considers all short-term debt securities purchased with a maturity of three months or less to be cash equivalents. There were no
Accounts Receivable	Accounts Receivable Accounts receivables are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $ 11,000 0	Accounts Receivable Accounts receivable are reported at the amount the Company expects to collect from outstanding balances. The Company provides an allowance for doubtful accounts based upon a review of the outstanding accounts receivable, historical collection information and existing economic conditions. The Company determines if receivables are past due based on days outstanding, and amounts are written off when determined to be uncollectible by management. The allowance for doubtful accounts was $ 0 11,300
Property and Equipment and Depreciation	Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 5 10 Leasehold Improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10	Property and Equipment and Depreciation Property and equipment are recorded at cost. Expenditures for major additions and betterments are capitalized. Maintenance and repairs are charged to operations as incurred. Depreciation is computed by the straight-line method (after considering their respective estimated residual values) over the estimated useful lives: SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 10 Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10
Real Estate Assets	Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with FASB ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $ 219,100 323,300 404,400 636,400 264,900 657,900 475,800 1,051,000 A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property; (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value; and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of June 30, 2021 and December 31, 2020, the Company did not have any projects that qualified for an impairment charge.	Real Estate Assets Real estate assets are recorded at cost, except when real estate assets are acquired that meet the definition of a business combination in accordance with Financial Accounting Standards Board (“FASB”) ASC 805, “Business Combinations,” where acquired assets are recorded at fair value. Interest, property taxes, insurance, and other incremental costs (including salaries) directly related to a project are capitalized during the construction period of major facilities and land improvements. The capitalization period begins when activities to develop the parcel commence and ends when the asset constructed is completed. The capitalized costs are recorded as part of the asset to which they relate and are expensed when the underlying asset is sold. The Company capitalized interest from related party borrowings of $ 1,024,800 1,229,400 2,401,400 1,563,700 A property is classified as “held for sale” when all the following criteria for a plan of sale have been met: (1) Management, having the authority to approve the action, commits to a plan to sell the property: (2) The property is available for immediate sale in its present condition, subject only to terms that are usual and customary; (3) An active program to locate a buyer and other actions required to complete the plan to sell, have been initiated; (4) The sale of the property is probable and is expected to be completed within one year of the contract date; (5) The property is being actively marketed for sale at a price that is reasonable in relation to its current fair value, and (6) Actions necessary to complete the plan of sale indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. When all these criteria have been met, the property is classified as “held for sale.” In addition to the annual assessment of potential triggering events in accordance with ASC 360, the Company applies a fair value-based impairment test to the net book value assets on an annual basis and on an interim basis if certain events or circumstances indicate that an impairment loss may have occurred. As of December 31, 2020, and 2019, the Company did not have any projects that qualified for an impairment charge.
Revenue and Cost Recognition	Revenue and Cost Recognition ASC 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of the promised good or service. The amount of revenue recognized reflects the consideration to which the Company expects to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which the Company determines revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which the Company expects to be entitled in exchange for those goods or services. ASC 606 requires the Company to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Entitled Land Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a buyer to purchase the parcel of entitled land. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering entitled land to the customer, which are required to meet certain specifications outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract The parcel is a separate performance obligation for which the specific price is in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Developed Lots Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with the buyer to purchase lots that have completed infrastructure. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering developed lots to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract All lots are a single performance obligation for the specific price in the contract. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Fee Build Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a customer to construct the required infrastructure so that houses can be developed on the lots. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering developed lots which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract The nature of the industry involves a number of uncertainties that can affect the current state of the contract. Variable considerations are the estimates made due to a contract modification in the contractual service. Change orders, claims, extras, or back charges are common in contractual services activity as a form of variable consideration. If there is going to be a contract modification, judgment by management will need to be made to determine if the variable consideration is enforceable. The following factors are considered in determining if the variable consideration is enforceable: 1. The customer’s written approval of the scope of the change order; 2. Current contract language that indicates clear and enforceable entitlement relating to the change order; 3. Separate documentation for the change order costs that are identifiable and reasonable; and 4. The Company’s experience in negotiating change orders, especially as it relates to the specific type of contract and change order being evaluated Once the Company receives a contract, it generates a budget of projected costs for the contract based on the contract price. If the scope of the contract during the contractual period needs to be modified, the Company files a change order. The Company does not continue to perform services until the change modification is agreed upon with documentation by both the Company and the customer. There are few times that claims, extras, or back charges are included in the contract. If there are multiple performance obligations to the contract, the costs must be allocated appropriately and consistently to each performance obligation. In the Company’s experience, usually only one performance obligation is stated per contract. If there are multiple services provided for one customer, the Company has a policy of splitting out the services over multiple contracts. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company uses the total costs incurred on the project relative to the total expected costs to satisfy the performance obligation. The input method involves measuring the resources consumed, labor hours expended, costs incurred, time lapsed, or machine hours used relative to the total expected inputs to the satisfaction of the performance obligation. Costs incurred prior to actual contract (i.e. design, engineering, procurement of material, etc.) should not be recognized as the client does not have control of the good/service provided. When the estimate on a contract indicates a loss or claims against costs incurred reduce the likelihood of recoverability of such costs, the Company records the entire estimated loss in the period the loss becomes known. Project contracts typically provide for a schedule of billings or invoices to the customer based on the Company’s job to date percentage of completion of specific tasks inherent in the fulfillment of its performance obligation(s). The schedules for such billings usually do not precisely match the schedule on which costs are incurred. As a result, contract revenue recognized in the statement of operations can and usually does differ from amounts that can be billed or invoiced to the customer at any point during the contract. Amounts by which cumulative contract revenue recognized on a contract as of a given date exceed cumulative billings and unbilled receivables to the customer under the contract are reflected as a current asset in the Company’s balance sheet under the captions “Contract Asset” which is further disclosed in Note 14. Amounts by which cumulative billings to the customer under a contract as of a given date exceed cumulative contract revenue recognized on the contract are reflected as a current liability in the Company’s balance sheet under the caption “Billings in excess of costs and estimated earnings.” A detailed breakdown of the five-step process for the revenue recognition of Home Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the Company include delivering a developed lot with a completed house to the customer, which is required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have any further performance obligations once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. The Company delivers or receives materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provides customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the Company. Revenues from contracts with customers are summarized by category as follows for the three and six months ended June 30: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Entitled Land $ 9,310,000 $ - $ 9,310,000 $ - Developed Lots - - 7,000,000 - Fee Build 1,348,200 - 1,348,200 - Homes 3,371,700 8,016,400 10,185,900 17,921,000 Construction Materials 102,500 313,400 162,500 349,800 Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800 Disaggregation of Revenue from Contracts with Customers The following table disaggregates the Company’s revenue based on the type of sale or service and the timing of satisfaction of performance obligations for the three and six months ended June 30, 2021 and 2020: DISAGGREGATION OF REVENUE FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Performance obligations satisfied at a point in time $ 12,784,200 $ 8,329,800 $ 26,658,400 $ 18,270,800 Performance obligations satisfied over time 1,348,200 - 1,348,200 - Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800	Revenue and Cost Recognition Accounting Standards codification (“ASC”) 606, Revenue from Contracts with Customers (“ASC 606”), establishes principles for reporting information about the nature, amount, timing and uncertainty of revenue and cash flows arising from the entity’s contract to provide goods or services to customers. In accordance with ASC 606, revenue is recognized when a customer obtains control of promised goods or services. The amount of revenue recognized reflects the consideration to which we expect to be entitled to receive in exchange for these goods or services. The provision of ASC 606 includes a five-step process by which we determine revenue recognition, depicting the transfer of goods or services to customers in amounts reflecting the payment to which we expect to be entitled in exchange for those goods or services. ASC 606 requires us to apply the following steps: (1) identify the contract with the customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when, or as, performance obligations are satisfied. A detailed breakdown of the five-step process for the revenue recognition of Real Estate Revenue is as follows: 1. Identify the contract with a customer. The Company signs an agreement with a home buyer to purchase a lot with a completed house. 2. Identify the performance obligations in the contract. Performance obligations of the company include delivering a develop lot with a completed house to the customer, which are required to meet certain specifications that are outlined in the contract. 3. Determine the transaction price. The transaction price is fixed and specified in the contract. Any subsequent change orders or price changes are required to be approved by both parties. 4. Allocation of the transaction price to performance obligations in the contract Each lot with a completed house is a separate performance obligation, for which the specific price in the contract is allocated. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The Company recognizes revenue when title is transferred. The Company does not have further performance obligation once title is transferred. A detailed breakdown of the five-step process for the revenue recognition of Construction Materials sold to or received from contractors is as follows: 1. Identify the contract with a customer. There are no signed contracts. Each transaction is verbally agreed to with the customer. 2. Identify the performance obligations in the contract. To deliver or receive materials from customers based on the verbal agreement reached. 3. Determine the transaction price. The Company has a set price list for receiving approved fill materials to recycle or provide customers with a combination of said materials. 4. Allocation of the transaction price to performance obligations in the contract. There is only one performance obligation, which is to pick up or deliver the materials. The entire transaction price is therefore allocated to the performance obligation. 5. Recognize revenue when (or as) the entity satisfies a performance obligation. The performance obligation is fulfilled, and revenue is recognized when the materials have been received or delivered by the company. Revenues for Real Estate and Construction Materials: Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500
Cost of Sales	Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred.	Cost of Sales Land acquisition costs are allocated to each lot based on the size of the lot in relation to the size of the total project. Development cost and capitalized interest are allocated to lots sold based on the same criteria. Cost relating to the handling of recycled construction materials and converting items into usable construction materials for resale are charged to cost of sales as incurred.
Advertising	Advertising Costs for designing, producing and communicating advertising are expensed as incurred. Advertising expense for the three months ended June 30, 2021 and 2020 was $ 11,500 1,000 Advertising expense for the six months ended June 30, 2021 and 2020 was $ 12,000 8,500	Advertising Costs for designing, producing, and communicating advertising are expensed as incurred. Advertising expense for the years ended December 31, 2020 and 2019 were $ 37,500 67,500
Leases	Leases On January 1, 2019, the Company adopted ASU 2016-02 “ Leases” As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease 2. Not to apply the recognition requirements in ASC 842 to short-term leases; and 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that	Leases In February 2016, the FASB issued ASU 2016-02 “ Leases” On January 1, 2019, the Company adopted ASC 842 using the modified retrospective approach and recognized a right of use (“ROU”) asset and related liability on the consolidated balance sheet in the amount of $ 474,200 As part of the adoption the Company elected the practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to: 1. Not separate non-lease components from lease components and instead to account for each separate lease component and the non-lease components associated with that lease component as a single lease. 2. Not to apply the recognition requirements in ASC 842 to short-term leases. 3. Not record a right of use asset or right of use liability for leases with an asset or liability balance that would be considered immaterial. Refer to Note 12. Leases for additional disclosures required by ASC 842.
Income Taxes	Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the FASB released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update) to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of June 30, 2021 and December 31, 2020.	Income Taxes Deferred income tax assets and liabilities are determined based on the estimated future tax effects of net operating loss, credit carryforwards and temporary differences between the tax basis of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. Management applies the criteria established in the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update) to determine if any valuation allowances are needed each year. The Company recognizes a tax benefit for an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. There are no uncertain tax positions as of December 31, 2020 and December 31, 2019.
Recent Accounting Pronouncements	Recent Accounting Pronouncements On December 18, 2019, the FASB released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The adoption did not have a material impact on the Company. In August 2020, the FASB issued Accounting Standards Update 2020-06, Debt — Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging — Contracts in Entity’s Own Equity (Subtopic 815-40) (“ASU 2020-06”) to simplify accounting for certain financial instruments. ASU 2020-06 eliminates the current models that require separation of beneficial conversion and cash conversion features from convertible instruments and simplifies the derivative scope exception guidance pertaining to equity classification of contracts in an entity’s own equity. The new standard also introduces additional disclosures for convertible debt and freestanding instruments that are indexed to and settled in an entity’s own equity. ASU 2020-06 amends the diluted earnings per share guidance, including the requirement to use the if-converted method for all convertible instruments. ASU 2020-06 is effective January 1, 2022 and should be applied on a full or modified retrospective basis, with early adoption permitted beginning on January 1, 2021. The Company adopted ASU 2020-06 on January 1, 2021. The adoption of ASU 2020-06 did not have an impact on the Company. On May 3, 2021, the FASB released Accounting Standards Update No. 2021-04, Compensation – Earning Per Share (Topic 260), Debt - Modifications and Extinguishments (subtopic 470-50), Compensation - Stock compensation (Topic 718), Contracts in Entity’s Own Equity (Subtopic 815-40) Issuer’s Accounting for Certain Modifications or Exchanges of Freestanding Equity-Classified Written Call Options. FASB issued this update to clarify and reduce diversity in an issuer’s accounting for modifications or exchanges of freestanding equity-classified written call options (for example warrants) that remain equity classified after modification or exchange. The Standard is effective for fiscal years beginning after December 15, 2021. The Company does not believe the adoption will have a material impact on the Company.	Recent Accounting Pronouncements On February 25, 2016, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2016-02, Leases (Topic 842) (the Update). This ASU requires an entity to recognize a right-of-use asset (“ROU”) and lease liability for all leases with terms of more than 12 months. The amendments also require certain quantitative and qualitative disclosures about leasing arrangements. Leases will be classified as finance or operating, with classification affecting the pattern and classification of expense recognition in the income statement. The new standard is effective for the Company on January 1, 2019, with early adoption permitted. The adoption has been reflected in the right of use asset and liability on the balance sheet. On December 18, 2019, the Financial Accounting Standards Board (FASB) released Accounting Standards Update No. 2019-12, Income taxes (Topic 740) (the Update). The Board issued this update as part of its initiative to reduce complexity in accounting standards. The Standard is effective for fiscal years beginning after December 15, 2020. The Company is currently evaluating the effect of this standard.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of June 30, 2021, and December 31, 2020, there were no impairment losses recognized for long-lived assets.	Impairment of Long-Lived Assets The Company reviews long-lived assets for impairment whenever events or circumstances indicate that the carrying value of such assets may not be fully recoverable. Impairment is present when the sum of undiscounted estimates future cash flow expected to result from use of the assets is less than carrying value. If impairment is present, the carrying value of the impaired asset is reduced to its fair value. Fair value is determined based on discounted cash flow or appraised values, depending on the nature of the assets. As of December 31, 2020, and December 31, 2019, there were no impairment losses recognized for long-lived assets.
Offering Costs Associated with a Public Offering	Offering Costs Associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” On January 15 and 20, 2021, the Company closed on a follow-on public offering and overallotment option, respectively, of common stock. During 2020, the Company incurred approximately $ 65,100	Offering Costs Associated with a Public Offering The Company complies with the requirements of FASB ASC 340-10-S99-1 and SEC Staff Accounting Bulletin (“SAB”) Topic 5A — “ Expenses of Offering.” 1,401,100 On January 15, 2021, we closed on a follow-on public offering and overallotment option, respectively, of our common stock. During 2020, we incurred approximately $ 65,100

Nature of Operations (Tables)

Nature of Operations (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Nature Of Operations
SCHEDULE OF STATEMENT OF SUBSIDIARIES	The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest June 30, December 31, 2021 2020 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Materials, LLC* July 5, 2018 N/A 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % Pacific Ridge CMS, LLC May 24, 2021 100 % N/A Tanglewilde, LLC June 25, 2021 100 % N/A * Harbor Materials, LLC was voluntarily dissolved with the State of Washington as of January 29, 2021.	The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020.
SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS	For the six months ended June 30, 2021 and 2020 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS June 30, 2021 June 30, 2020 Risk-free interest rate 0.23 0.84 1.46 % Exercise price $ 3.36 5.00 $ 2.22 Expected life of grants 2.50 6 5.64 Expected volatility of underlying stock 42.97 56.13 32.39 % Dividends 0 0	For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% 1.46 % 1.56 1.84 % Exercise price $ 2.22 6.50 $ 0.40 Expected life of grants 2.86 6.00 5.0 6.53 Expected volatility of underlying stock 32.39% 51.94 % 31.75 32.89 % Dividends 0 % 0 %
SCHEDULE OF NET INCOME (LOSS) PER SHARE	The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE 1 2 3 4 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Numerator: Net income (loss) attributable to common stockholders $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Effect of dilutive securities: - - - - Diluted income (net) loss $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Denominator: Weighted average common shares outstanding - basic 14,890,094 3,513,517 14,071,373 3,513,517 Dilutive securities (a): Options 19,778 - - - Warrants 142,653 - - - Weighted average common shares outstanding and assumed 15,052,525 3,513,517 14,071,373 3,513,517 conversion – diluted Basic net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) Diluted net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) (a) - Anti-dilutive securities excluded: 10,570,115 152,032 10,777,506 152,032	The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE December 31, 2020 December 31, 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742
SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES	SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 5 10 Leasehold Improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10	SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 10 Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10
SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS	Revenues from contracts with customers are summarized by category as follows for the three and six months ended June 30: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Entitled Land $ 9,310,000 $ - $ 9,310,000 $ - Developed Lots - - 7,000,000 - Fee Build 1,348,200 - 1,348,200 - Homes 3,371,700 8,016,400 10,185,900 17,921,000 Construction Materials 102,500 313,400 162,500 349,800 Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800	Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500
DISAGGREGATION OF REVENUE FROM CONTRACTS WITH CUSTOMERS	The following table disaggregates the Company’s revenue based on the type of sale or service and the timing of satisfaction of performance obligations for the three and six months ended June 30, 2021 and 2020: DISAGGREGATION OF REVENUE FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Performance obligations satisfied at a point in time $ 12,784,200 $ 8,329,800 $ 26,658,400 $ 18,270,800 Performance obligations satisfied over time 1,348,200 - 1,348,200 - Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
SCHEDULE OF PROPERTY AND EQUIPMENT	Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT June 30, 2021 December 31, 2020 Machinery and Equipment $ 9,562,500 $ 8,908,000 Vehicles 71,800 73,500 Furniture and Fixtures 147,600 136,300 Leasehold Improvements 7,000 7,000 Total Fixed Assets 9,788,900 9,124,800 Less Accumulated Depreciation (1,350,100 ) (948,800 ) Fixed Assets, Net $ 8,438,800 $ 8,176,000	Property and equipment stated at cost, less accumulated depreciation and amortization, consisted of the following: SCHEDULE OF PROPERTY AND EQUIPMENT December 31, 2020 December 31, 2019 Machinery and Equipment $ 8,908,000 $ 5,654,100 Vehicles 73,500 83,600 Furniture and Fixtures 136,300 54,900 Leasehold Improvements 7,000 7,000 Total Fixed Assets 9,124,800 5,799,600 Less Accumulated Depreciation (948,800 ) (727,700 ) Fixed Assets, Net $ 8,176,000 $ 5,071,900

REAL ESTATE (Tables)

REAL ESTATE (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Real Estate [Abstract]
SCHEDULE OF REAL ESTATE	Real Estate consisted of the following components: SCHEDULE OF REAL ESTATE June 30, 2021 December 31, 2020 Land Held for Development $ 70,113,200 $ 9,532,800 Construction in Progress 15,104,600 9,042,700 Held for Sale - 1,794,800 Real estate $ 85,217,800 $ 20,370,300	Real Estate consisted of the following components: SCHEDULE OF REAL ESTATE December 31, 2020 December 31, 2019 Land Held for Development $ 9,532,800 $ 9,707,800 Construction in Progress 9,042,700 12,879,600 Held for Sale 1,794,800 2,239,300 Real estate $ 20,370,300 $ 24,826,700

EQUIPMENT LOANS (Tables)

EQUIPMENT LOANS (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
SCHEDULE OF EQUIPMENT LOANS	Consists of the following: SCHEDULE OF EQUIPMENT LOANS June 30, 2021 December 31, 2020 Various notes payable to banks and financial institutions with interest rates varying from 0.00 13.89 400 11,600 through 2026 $ 5,418,900 $ 5,595,500 Book value of collateralized equipment: $ 8,064,200 $ 6,475,600	Consists of the following: SCHEDULE OF EQUIPMENT LOANS December 31, 2020 December 31, 2019 Various notes payable to banks and financial institutions with interest rates varying from 0.00% 14.41% 400 11,600 through 2025 $ 5,595,500 $ 3,476,800 Book value of collateralized equipment: $ 6,475,600 $ 4,539,900
SCHEDULE OF FUTURE EQUIPMENT LOAN MATURITIES	Future equipment loan maturities are as follows: SCHEDULE OF FUTURE EQUIPMENT LOAN MATURITIES For the twelve months ended June 30: June 2021 2022 $ 1,657,200 2023 1,616,000 2024 1,452,800 2025 673,700 2026 19,200 Equipment Loans $ 5,418,900	Future equipment loan maturities are as follows: SCHEDULE OF FUTURE EQUIPMENT LOAN MATURITIES For the years ended December 31: 2021 $ 1,495,300 2022 1,532,200 2023 1,345,300 2024 1,165,100 2025 57,600 Equipment Loans $ 5,595,500

NOTE PAYABLE PPP (Tables)

NOTE PAYABLE PPP (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
SCHEDULE OF FUTURE NOTE PAYABLE LOAN MATURITIES	Future note payable loan maturities are as follows: SCHEDULE OF FUTURE NOTE PAYABLE LOAN MATURITIES For the twelve months ended June 30: June 2021 - 2022 $ 2,200 Note Payable $ 2,200	Future note payable loan maturities are as follows: For the years ended December 31: SCHEDULE OF FUTURE NOTE PAYABLE LOAN MATURITIES 2021 $ 14,600 2022 4,700 Note Payable $ 19,300

STOCKHOLDERS_ EQUITY (DEFICIT)

STOCKHOLDERS’ EQUITY (DEFICIT) (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
SCHEDULE OF STOCK OPTIONS ACTIVITY	The following is a summary of the Company’s option activity: SCHEDULE OF STOCK OPTIONS ACTIVITY Options Weighted Average Exercise Price Outstanding – December 31, 2020 442,172 $ 2.53 Exercisable – December 31, 2020 219,085 $ 1.31 Granted 25,000 $ 3.39 Exercised (45,046 ) $ 0.40 Forfeited/Cancelled - $ - Outstanding – June 30, 2021 422,126 $ 2.80 Exercisable – June 30, 2021 306,117 $ 2.54	The following is a summary of the Company’s option activity: SCHEDULE OF STOCK OPTIONS ACTIVITY Options Weighted Average Exercise Price Outstanding – December 31, 2018 157,664 $ 0.42 Exercisable – December 31, 2018 - $ - Granted 106,762 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 264,426 $ 0.41 Exercisable – December 31, 2019 117,218 $ 0.42 Granted 213,784 $ 4.79 Exercised - $ - Forfeited/Cancelled (36,038 ) $ 0.40 Outstanding – December 31, 2020 442,172 $ 2.53 Exercisable – December 31, 2020 219,085 $ 1.31
SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE	SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Number Exercisable Weighted Average Exercise Price $ 0.40 6.50 422,126 6.07 $ 2.80 306,117 $ 2.54	SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE Options Outstanding Options Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average $ 0.40 6.50 442,172 6.00 $ 2.53 219,085 $ 1.31
SCHEDULE OF WARRANTS ACTIVITY		The following is a summary of the Company’s warrant activity: SCHEDULE OF WARRANTS ACTIVITY Warrants Weighted Average Exercise Price Outstanding – December 31, 2018 - $ - Exercisable – December 31, 2018 - $ - Granted 22,524 $ 0.40 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2019 22,524 $ 0.40 Exercisable – December 31, 2019 22,524 $ 0.40 Granted 88,335 $ 7.50 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 110,859 $ 6.06 Exercisable – December 31, 2020 22,524 $ 0.40
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE		SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Price Number Exercisable Weighted Average $ 0.40 7.50 110,859 5.51 $ 6.06 22,524 $ 0.40
SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY	The following is a summary of the Company’s RSU activity: SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY RSU Weighted Average Exercise Price Outstanding – December 31, 2020 34,000 $ 4.53 Exercisable – December 31, 2020 8,500 $ 4.53 Granted - $ - Exercised - $ - Forfeited/Cancelled - $ - Outstanding – June 30, 20201 34,000 $ 4.53 Exercisable – June 30, 2021 25,500 $ 4.53	The following is a summary of the Company’s RSU activity: SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY RSU Weighted Average Exercise Price Outstanding – December 31, 2019 - $ - Exercisable – December 31, 2019 - $ - Granted 34,000 $ 4.53 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – December 31, 2020 34,000 $ 4.53 Exercisable – December 31, 2020 8,500 $ 4.53
Common Stock Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
SCHEDULE OF WARRANTS ACTIVITY	The following is a summary of the Company’s Common Stock Warrant activity: SCHEDULE OF WARRANTS ACTIVITY Warrants Weighted Average Exercise Price Outstanding – December 31, 2020 110,859 $ 6.06 Exercisable – December 31, 2020 22,524 $ 0.40 Granted 4,757,665 $ 4.89 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – June 30, 2021 4,868,524 $ 4.92 Exercisable – June 30, 2021 3,804,189 $ 4.97
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE	SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE Warrants Outstanding Warrants Exercisable Exercise Price Number Outstanding Weighted Average Remaining Contractual Life (in years) Weighted Average Exercise Number Exercisable Weighted Average Exercise Price $ 0.40 7.50 4,868,524 4.92 $ 4.92 3,804,189 $ 4.97
Preferred Stock Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
SCHEDULE OF WARRANTS ACTIVITY	The following is a summary of the Company’s Preferred Stock Warrant activity: SCHEDULE OF WARRANTS ACTIVITY Warrants Weighted Average Exercise Price Outstanding – December 31, 2020 - $ - Exercisable – December 31, 2020 - $ - Granted 12,000 $ 24.97 Exercised - $ - Forfeited/Cancelled - $ - Outstanding – June 30, 2021 12,000 $ 24.97 Exercisable – June 30, 2021 - $ -
SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE	SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE Warrants Outstanding Warrants Exercisable Exercise Number Outstanding Weighted Weighted Number Exercisable Weighted $ 24.97 12,000 4.95 $ 24.97 12,000 $ 24.97

SEGMENTS (Tables)

SEGMENTS (Tables)	6 Months Ended
	Jun. 30, 2021
Segment Reporting [Abstract]
SCHEDULE OF COMPANY’S REPORTABLE SEGMENT	SCHEDULE OF COMPANY’S REPORTABLE SEGMENT For the Three Months ended For the Six Months ended June 30, June 30, 2021 2020 2021 2020 Revenue by segment Homes $ 3,474,200 $ 8,329,800 $ 10,348,400 $ 18,270,800 Completed lots - - 7,000,000 - Entitled land 9,310,000 - 9,310,000 - Fee Build 1,348,200 - 1,348,200 - $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800 Cost of goods sold by segment Homes $ 2,681,500 $ 7,436,000 $ 8,742,800 $ 17,264,200 Completed lots - - 7,046,400 - Entitled land 6,934,900 - 7,094,200 - Fee Build 1,188,700 - 1,188,700 - $ 10,805,100 $ 7,436,000 $ 24,072,100 $ 17,264,200 Gross profit (loss) by segment Homes $ 792,700 $ 893,800 $ 1,605,600 $ 1,006,600 Completed lots - - (46,400 ) - Entitled land 2,375,100 - 2,215,800 - Fee Build 159,500 - 159,500 - $ 3,327,300 $ 893,800 $ 3,934,500 $ 1,006,600

UNCOMPLETED CONTRACTS (Tables)

UNCOMPLETED CONTRACTS (Tables)	6 Months Ended
	Jun. 30, 2021
Contractors [Abstract]
SUMMARY OF COST, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS	Costs, estimated earnings and billings on uncompleted contracts are summarized as follows at June 30, 2021 and December 31, 2020: SUMMARY OF COST, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS June 30, 2021 December 31, 2020 Costs incurred on uncompleted contracts $ 1,188,700 $ - Estimated earnings 292,800 - Costs and estimated earnings on uncompleted contracts 1,481,500 - Billings to date 1,287,000 - Costs and estimated earnings in excess of billings on uncompleted contracts 194,500 - Costs and earnings in excess of billings on completed contracts - - Total $ 194,500 $ - Costs in excess of billings $ 194,500 $ - Billings in excess of cost - - Total $ 194,500 $ -

NATURE OF OPERATIONS AND SUMM_3

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SCHEDULE OF STATEMENT OF SUBSIDIARIES	The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest June 30, December 31, 2021 2020 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Materials, LLC* July 5, 2018 N/A 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % Pacific Ridge CMS, LLC May 24, 2021 100 % N/A Tanglewilde, LLC June 25, 2021 100 % N/A * Harbor Materials, LLC was voluntarily dissolved with the State of Washington as of January 29, 2021.	The consolidated financial statements include the following subsidiaries of Harbor Custom Development, Inc. as of the reporting period ending dates as follows (all entities are formed as Washington LLCs): SCHEDULE OF STATEMENT OF SUBSIDIARIES Names Dates of Formation Attributable Interest 2020 2019 Saylor View Estates, LLC March 30, 2014 51 % 51 % Harbor Excavation, LLC* July 3, 2017 N/A N/A Harbor Materials, LLC** July 5, 2018 100 % 100 % Belfair Apartments, LLC December 3, 2019 100 % 100 % * Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019. ** Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020.
SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS	For the six months ended June 30, 2021 and 2020 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS June 30, 2021 June 30, 2020 Risk-free interest rate 0.23 0.84 1.46 % Exercise price $ 3.36 5.00 $ 2.22 Expected life of grants 2.50 6 5.64 Expected volatility of underlying stock 42.97 56.13 32.39 % Dividends 0 0	For the years ended December 31, 2020 and 2019 when computing fair value of share-based payments, the Company has considered the following variables: SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS December 31, 2020 December 31, 2019 Risk-free interest rate 0.14% 1.46 % 1.56 1.84 % Exercise price $ 2.22 6.50 $ 0.40 Expected life of grants 2.86 6.00 5.0 6.53 Expected volatility of underlying stock 32.39% 51.94 % 31.75 32.89 % Dividends 0 % 0 %
SCHEDULE OF NET INCOME (LOSS) PER SHARE	The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net loss attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE 1 2 3 4 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Numerator: Net income (loss) attributable to common stockholders $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Effect of dilutive securities: - - - - Diluted income (net) loss $ 931,600 $ (431,100 ) (618,200 ) $ (1,183,100 ) Denominator: Weighted average common shares outstanding - basic 14,890,094 3,513,517 14,071,373 3,513,517 Dilutive securities (a): Options 19,778 - - - Warrants 142,653 - - - Weighted average common shares outstanding and assumed 15,052,525 3,513,517 14,071,373 3,513,517 conversion – diluted Basic net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) Diluted net income (loss) per common share $ 0.06 $ (0.12 ) (0.04 ) $ (0.34 ) (a) - Anti-dilutive securities excluded: 10,570,115 152,032 10,777,506 152,032	The following table provides a reconciliation of the numerator and denominator used in computing basic and diluted net income (loss) attributable to common stockholders per common share. SCHEDULE OF NET INCOME (LOSS) PER SHARE December 31, 2020 December 31, 2019 Numerator: Net income (loss) attributable to common stockholders $ (3,532,800 ) $ 235,600 Effect of dilutive securities: - - Diluted net income (loss) $ (3,532,800 ) $ 235,600 Denominator: Weighted average common shares outstanding - basic 4,214,418 3,513,517 Dilutive securities (a): Options - - Warrants - - Weighted average common shares outstanding and assumed conversion – diluted 4,214,418 3,513,517 Basic net income (loss) per common share $ (0.84 ) $ 0.07 Diluted net income (loss) per common share $ (0.84 ) $ 0.07 (a) - Anti-dilutive securities excluded: 241,609 139,742
SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES	SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 5 10 Leasehold Improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10	SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES Construction Equipment 10 Leasehold improvements The lesser of 10 years or the remaining life of the lease Furniture and Fixtures 5 Computers 3 Vehicles 10
SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS	Revenues from contracts with customers are summarized by category as follows for the three and six months ended June 30: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2021 2020 2021 2020 For the Three Months Ended For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Entitled Land $ 9,310,000 $ - $ 9,310,000 $ - Developed Lots - - 7,000,000 - Fee Build 1,348,200 - 1,348,200 - Homes 3,371,700 8,016,400 10,185,900 17,921,000 Construction Materials 102,500 313,400 162,500 349,800 Total Revenue $ 14,132,400 $ 8,329,800 $ 28,006,600 $ 18,270,800	Revenues from contracts with customers are summarized by product category as follows for the years ended December 31: SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS 2020 2019 Real Estate $ 49,814,500 $ 30,683,400 Construction Materials 582,500 270,100 Total Revenue $ 50,397,000 $ 30,953,500

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2020
Leases
SCHEDULE OF COMPONENTS OF LEASE EXPENSE	The components of lease expense were as follows: SCHEDULE OF COMPONENTS OF LEASE EXPENSE Year Ended Year Ended December 31, 2020 December 31, 2019 Finance leases: Depreciation of assets $ 88,000 $ 98,300 Interest on lease liabilities 38,000 52,600 Operating lease expense 328,300 200,800 Total net lease cost $ 454,300 $ 351,700
SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES	Supplemental balance sheet information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES December 31, 2020 December 31, 2019 Operating leases: Operating lease ROU assets $ 873,800 $ 1,132,700 Total ROU Liabilities $ 841,700 $ 1,115,500 Finance leases: Property and equipment, at cost $ 1,411,100 $ 983,400 Accumulated depreciation 140,400 250,500 Property and equipment, net $ 1,270,700 $ 732,900 Total Finance lease liabilities $ 999,400 $ 520,700
SCHEDULE OF SUPPLEMENTAL CASH FLOW AND OTHER INFORMATION RELATED TO LEASES	Supplemental cash flow and other information related to leases was as follows: SCHEDULE OF SUPPLEMENTAL CASH FLOW AND OTHER INFORMATION RELATED TO LEASES Year Ended Year Ended December 31, 2020 December 31, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ (273,800 ) $ (170,700 ) Financing cash flows from finance leases (564,400 ) (185,100 ) Assets obtained in exchange for lease liabilities: Operating leases $ 0 $ 1,286,200 Finance leases 1,043,100 0 Weighted average remaining lease term (in years): Operating leases 3.2 3.8 Finance leases 3.1 2.0 Weighted average discount rate: Operating leases 9.9 % 7.0 % Finance leases 5.2 % 7.98 %
SCHEDULE OF MINIMUM LEASE PAYMENTS UNDER THE TERMS OF THE LEASES	The minimum lease payments under the terms of the leases are as follows: SCHEDULE OF MINIMUM LEASE PAYMENTS UNDER THE TERMS OF THE LEASES For the years ended December 31, 2020: Operating Leases Finance Leases Total 2021 $ 320,800 $ 397,100 $ 717,900 2022 303,000 269,400 572,400 2023 196,800 264,500 461,300 2024 113,900 161,300 276,200 2025 - - - Total lease payments $ 934,500 $ 1,093,300 $ 2,027,800 Less amount of discount/interest (92,800 ) (93,900 ) (186,700 ) $ 841,700 $ 999,400 $ 1,841,100

INCOME TAX (Tables)

INCOME TAX (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
SCHEDULE OF COMPONENTS OF NET DEFERRED TAX ASSETS AND LIABILITIES	The components of net deferred tax assets and liabilities at December 31, 2020 and 2019 are set forth below: SCHEDULE OF COMPONENTS OF NET DEFERRED TAX ASSETS AND LIABILITIES December 31, 2020 December 31, 2019 Deferred tax assets: Federal NOL Carryforward $ 1,794,200 $ 2,316,300 UNICAP 193,000 777,800 Lease Liability 176,700 - Stock Based compensation 9,200 - Investments 57,100 - Total assets 2,230,200 3,094,100 Deferred tax liabilities: Property and equipment 1,705,400 2,922,500 Right of use assets 183,500 - Total liabilities 1,888,900 2,922,500 Subtotal deferred tax assets (liabilities) 341,300 171,600 Valuation Allowance (341,300 ) - Net deferred tax assets (liabilities) $ - $ 171,600
SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE AND THE EFFECTIVE TAX RATES	The components of income tax expense and the effective tax rates for the years ended December 31, 2020 and 2019 are as follows: SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE AND THE EFFECTIVE TAX RATES Years Ended December 31, 2020 2019 Current: Federal $ - $ - Total Current - - Deferred: Federal (224,500 ) (634,600 ) Total Deferred (224,500 ) (634,600 ) Valuation Allowance 341,300 - Total Income Tax (Benefit) Expense $ 116,800 $ (634,600 )
SCHEDULE OF EXPECTED INCOME TAX RATE	The expected tax rate differs from the U.S. Federal statutory rate as follows: SCHEDULE OF EXPECTED INCOME TAX RATE 2020 2019 US Federal statutory rate 21 % 21 % Adjustment for Deferred Tax (16.3 %) 124 % PPP Loan forgiveness 3.2 % 0 % Change in Federal Valuation Allowance (9.4 %) 0 % Non-controlling interest (1.3 %) 0 % Other (0.4 %) 0 % Effective Tax Rate (3.2 %) 145 %

SCHEDULE OF STATEMENT OF SUBSID

SCHEDULE OF STATEMENT OF SUBSIDIARIES (Details)		6 Months Ended	12 Months Ended
		Jun. 30, 2021	Dec. 31, 2020		Dec. 31, 2019
Saylor View Estates L L C [Member]
Dates of Formation		Mar. 30, 2014	Mar. 30, 2014
Attributable Interest		51.00%	51.00%		51.00%
Harbor Materials L L C [Member]
Dates of Formation		Jul. 5, 2018	Jul. 5, 2018	[1]
Attributable Interest	[1]		100.00%	[2]	100.00%
Belfair Apartments L L C [Member]
Dates of Formation		Dec. 3, 2019	Dec. 3, 2019
Attributable Interest		100.00%	100.00%		100.00%
Pacific Ridge CMS, LLC, [Member]
Dates of Formation		May 24, 2021
Attributable Interest		100.00%
Tanglewilde, LLC [Member]
Dates of Formation		Jun. 25, 2021
Attributable Interest		100.00%
Harbor Excavation L L C [Member]
Dates of Formation	[3]		Jul. 3, 2017
[1]	Harbor Material, LLC was voluntarily dissolved with the State of Washington as of January 29, 2020.
[2]	Harbor Materials, LLC was voluntarily dissolved with the State of Washington as of January 29, 2021.
[3]	Harbor Excavation, LLC was voluntarily dissolved with the State of Washington as of June 14, 2019.

SCHEDULE OF FAIR VALUE ASSUMPTI

SCHEDULE OF FAIR VALUE ASSUMPTIONS OF SHARE-BASED PAYMENTS (Details) - $ / shares	6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Risk-free interest rate, minimum	0.23%
Risk-free interest rate, maximum	0.84%
Risk-free interest rate		1.46%
Exercise Price		$ 2.22		$ 0.40
Expected life of grants		5 years 7 months 20 days
Expected volatility of underlying stock, minimum	42.97%
Expected volatility of underlying stock, maximum	56.13%
Expected volatility of underlying stock		32.39%
Dividends	0.00%	0.00%	0.00%	0.00%
Minimum [Member]
Risk-free interest rate			0.14%	156.00%
Exercise Price	$ 3.36		$ 2.22
Expected life of grants	2 years 6 months		2 years 10 months 9 days	5 years
Expected volatility of underlying stock			32.39%	31.75%
Maximum [Member]
Risk-free interest rate			1.46%	1.84%
Exercise Price	$ 5		$ 6.50
Expected life of grants	6 years		6 years	6 years 6 months 10 days
Expected volatility of underlying stock			51.94%	32.89%

SCHEDULE OF NET INCOME (LOSS) P

SCHEDULE OF NET INCOME (LOSS) PER SHARE (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Nature Of Operations
Net income (loss) attributable to common stockholders	$ 931,600	$ (431,100)	$ (618,200)	$ (1,183,100)	$ (3,532,800)	$ 235,600
Effect of dilutive securities:
Diluted net income (loss)	$ 931,600	$ (431,100)	$ (618,200)	$ (1,183,100)	$ (3,532,800)	$ 235,600
Weighted average common shares outstanding - basic	14,890,094	3,513,517	14,071,373	3,513,517	4,214,418	3,513,517
Options	19,778
Warrants	142,653
Weighted average common shares outstanding and assumed conversion – diluted	15,052,525	3,513,517	14,071,373	3,513,517	4,214,418	3,513,517
Basic net income (loss) per common share	$ 0.06	$ (0.12)	$ (0.04)	$ (0.34)	$ (0.84)	$ 0.07
Diluted net income (loss) per common share	$ 0.06	$ (0.12)	$ (0.04)	$ (0.34)	$ (0.84)	$ 0.07
(a) - Anti-dilutive securities excluded:	10,570,115	152,032	10,777,506	152,032	241,609	139,742

SCHEDULE OF PROPERTY AND EQUIPM

SCHEDULE OF PROPERTY AND EQUIPMENT ESTIMATED USEFUL LIVES (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Construction Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful life		10 years
Construction Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful life	5 years
Construction Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful life	10 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment useful lives	The lesser of 10 years or the remaining life of the lease	The lesser of 10 years or the remaining life of the lease
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful life	5 years	5 years
Computers [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful life	3 years	3 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment estimated useful life	10 years	10 years

SCHEDULE OF REVENUES FROM CONTR

SCHEDULE OF REVENUES FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Total Revenue	$ 14,132,400	$ 8,329,800	$ 28,006,600	$ 18,270,800	$ 50,397,000	$ 30,953,500
Land [Member]
Total Revenue	9,310,000		9,310,000
Developed Lots [Member]
Total Revenue			7,000,000
Fee Build [Member]
Total Revenue	1,348,200		1,348,200
Home Building [Member]
Total Revenue	3,371,700	8,016,400	10,185,900	17,921,000
Construction Materials [Member]
Total Revenue	$ 102,500	$ 313,400	$ 162,500	$ 349,800	582,500	270,100
Real Estate [Member]
Total Revenue					$ 49,814,500	$ 30,683,400

DISAGGREGATION OF REVENUE FROM

DISAGGREGATION OF REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Disaggregation of Revenue [Line Items]
Total Revenue	$ 14,132,400	$ 8,329,800	$ 28,006,600	$ 18,270,800	$ 50,397,000	$ 30,953,500
Transferred at Point in Time [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	12,784,200	8,329,800	26,658,400	18,270,800
Transferred over Time [Member]
Disaggregation of Revenue [Line Items]
Total Revenue	$ 1,348,200		$ 1,348,200

Nature of Operations (Details N

Nature of Operations (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 03, 2020	Sep. 01, 2020	Nov. 19, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-controlling interest	$ (1,291,600)		$ (1,291,600)		$ (1,289,900)	$ (1,060,600)
Reverse stock split			1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock.		1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock.
Number of financial statements, description			All numbers in these financial statements are rounded to the nearest $100.		All numbers in these financial statements are rounded to the nearest $100.
Cash equivalents	0		$ 0		$ 0	0
Allowance for doubtful accounts	11,000		11,000		0	11,300
Capitalized interest from related party borrowings	219,100	$ 323,300	404,400	$ 636,400	1,024,800	1,229,400
Capitalized interest from third-party borrowings	264,900	657,900	475,800	1,051,000	2,401,400	1,563,700
Advertising expense	11,500	$ 1,000	12,000	$ 8,500	37,500	67,500
Offering costs					$ 65,100			$ 1,401,100
Two Thousand Eighteen Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved shares of common stock issuance									675,676
Two Thousand Twenty Restricted Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved shares of common stock issuance					700,000		700,000

CONCENTRATION, RISKS, AND UNC_2

CONCENTRATION, RISKS, AND UNCERTAINTIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Concentration Risk [Line Items]
Uninsured cash	$ 12,157,000		$ 12,157,000		$ 2,146,000	$ 177,600
Revenue from contract with customer	14,132,400	$ 8,329,800	28,006,600	$ 18,270,800	50,397,000	30,953,500
Customer Concentration Risk [Member] | Lennar Northwest Inc [Member]
Concentration Risk [Line Items]
Revenue from contract with customer					$ 12,538,000	$ 7,015,000
Customer Concentration Risk [Member] | Lennar Northwest Inc [Member] | Revenue Benchmark [Member]
Concentration Risk [Line Items]
Revenue from contract with customer	$ 10,658,200	$ 0	$ 17,658,200	$ 0
Concentration risk revenue percentage	75.00%	0.00%	63.00%	0.00%	25.00%	23.00%

SCHEDULE OF PROPERTY AND EQUI_2

SCHEDULE OF PROPERTY AND EQUIPMENT (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Total Fixed Assets	$ 9,788,900	$ 9,124,800	$ 5,799,600
Less Accumulated Depreciation	(1,350,100)	(948,800)	(727,700)
Fixed Assets, Net	8,438,800	8,176,000	5,071,900
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Total Fixed Assets	9,562,500	8,908,000	5,654,100
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Total Fixed Assets	71,800	73,500	83,600
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Total Fixed Assets	147,600	136,300	54,900
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Total Fixed Assets	$ 7,000	$ 7,000	$ 7,000

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 242,900	$ 144,000	$ 483,100	$ 285,900	$ 619,800	$ 427,600

SCHEDULE OF REAL ESTATE (Detail

SCHEDULE OF REAL ESTATE (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate [Abstract]
Land Held for Development	$ 70,113,200	$ 9,532,800	$ 9,707,800
Construction in Progress	15,104,600	9,042,700	12,879,600
Held for Sale		1,794,800	2,239,300
Real estate	$ 85,217,800	$ 20,370,300	$ 24,826,700

SCHEDULE OF EQUIPMENT LOANS (De

SCHEDULE OF EQUIPMENT LOANS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
Various notes payable to banks and financial institutions with interest rates varying from 0.00% to 14.41%, collateralized by equipment with monthly payments ranging from $400 to $11,600 through 2025:	$ 5,418,900	$ 5,595,500	$ 3,476,800
Book value of collateralized equipment:	$ 8,064,200	$ 6,475,600	$ 4,539,900

SCHEDULE OF EQUIPMENT LOANS (_2

SCHEDULE OF EQUIPMENT LOANS (Details) (Parenthetical) - Bank [Member] - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Debt maturity date, description	through 2026	through 2025
Minimum [Member]
Debt Instrument [Line Items]
Interest rate percentage	0.00%	0.00%
Monthly payments	$ 400	$ 400
Maximum [Member]
Debt Instrument [Line Items]
Interest rate percentage	13.89%	14.41%
Monthly payments	$ 11,600	$ 11,600

SCHEDULE OF FUTURE EQUIPMENT LO

SCHEDULE OF FUTURE EQUIPMENT LOAN MATURITIES (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Disclosure [Abstract]
2021		$ 1,495,300
2022	$ 1,657,200	1,532,200
2023	1,616,000	1,345,300
2024	1,452,800	1,165,100
2025	673,700	57,600
2026	19,200
Equipment Loans	$ 5,418,900	$ 5,595,500	$ 3,476,800

CONSTRUCTION LOANS (Details Nar

CONSTRUCTION LOANS (Details Narrative) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Short-term Debt [Line Items]
Debt instrument face amount	$ 27,523,700	$ 10,092,500	$ 9,647,700
Book value of collateralized real estate	$ 85,217,800	$ 20,370,300	$ 24,826,700
Construction Loans [Member]
Short-term Debt [Line Items]
Debt instrument term	1 year	1 year
Construction Loans [Member] | Minimum [Member]
Short-term Debt [Line Items]
Debt instrument interest rate percentage	5.00%	8.00%
Construction Loans [Member] | Maximum [Member]
Short-term Debt [Line Items]
Debt instrument interest rate percentage	39.00%	40.00%

NOTE PAYABLE D&O INSURANCE (Det

NOTE PAYABLE D&O INSURANCE (Details Narrative) - USD ($)	Aug. 28, 2020	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Defined Benefit Plan Disclosure [Line Items]
Note Payable D&O Insurance		$ 0		$ 0		$ 741,200
Dand O Insurance [Member]
Defined Benefit Plan Disclosure [Line Items]
Payment to acquire insurance	$ 1,531,900			1,225,500
Down payment for insurance	$ 306,400
Debt instrument term	10 months
Debt instrument interest rate	4.74%
Interest and debt expense	$ 16,600	$ 3,000	$ 0	$ 10,300	$ 0
Note Payable D&O Insurance	$ 1,225,500

SCHEDULE OF FUTURE NOTE PAYABLE

SCHEDULE OF FUTURE NOTE PAYABLE LOAN MATURITIES (Details) - Term Note [Member] - Paycheck Protection Program Loan [Member] - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Line of Credit Facility [Line Items]
2021		$ 14,600
2022	2,200	4,700
Note Payable	$ 2,200	$ 19,300

NOTE PAYABLE PPP (Details Narra

NOTE PAYABLE PPP (Details Narrative) - USD ($)	Feb. 01, 2021	Nov. 09, 2020	Apr. 11, 2020	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Line of Credit Facility [Line Items]
Debt instrument face amount				$ 27,523,700	$ 10,092,500	$ 9,647,700
Paycheck Protection Program Loan [Member] | S B A [Member]
Line of Credit Facility [Line Items]
Debt instrument face amount				$ 2,200	19,300
Term Note [Member] | Paycheck Protection Program Loan [Member]
Line of Credit Facility [Line Items]
Debt instrument face amount			$ 582,800
Interest rate percentage			1.00%
Debt instrument payment terms			Beginning in November 2020, the Company will make 18 equal monthly payments of principal and interest with the final payment due in April 2022. The PPP Term Note may be accelerated upon the occurrence of an event of default.
Term Note [Member] | Paycheck Protection Program Loan [Member] | S B A [Member]
Line of Credit Facility [Line Items]
Debt instrument face amount					$ 19,300
Debt forgiveness	$ 10,000	$ 562,300
Term Note [Member] | P P P Loan [Member]
Line of Credit Facility [Line Items]
Debt instrument payment terms			Beginning in November 2020, 18 equal monthly payments of principal and interest were due with the final payment due in April 2022. The PPP Term Note may be accelerated upon the occurrence of an event of default.

DEFINED CONTRIBUTION PLAN (Deta

DEFINED CONTRIBUTION PLAN (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Four Zero One K [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer contribution to defined contribution plan	$ 23,200	$ 0	$ 49,600	$ 0	$ 70,900	$ 29,800

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative)

Jun. 22, 2021USD ($)

Jun. 07, 2021USD ($)

May 06, 2021USD ($)a

Apr. 25, 2021USD ($)a

Apr. 20, 2021USD ($)

Mar. 11, 2021USD ($)

Mar. 08, 2021USD ($)

Feb. 16, 2021USD ($)

Jan. 29, 2021USD ($)

Nov. 18, 2020USD ($)

Sep. 17, 2020USD ($)a

Aug. 28, 2020USD ($)

Jun. 15, 2020USD ($)

Mar. 01, 2021USD ($)

Jun. 30, 2021USD ($)

Jun. 30, 2020USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Apr. 25, 2021ft²

Product Liability Contingency [Line Items]

Nonrefundable earnest money

$ 14,500

$ 896,300

$ 73,200

Payment to acquire property, pland and equipment

$ 175,100

$ 321,800

408,000

$ 402,800

Auburn California [Member]

Product Liability Contingency [Line Items]

Payment to acquire property, pland and equipment

$ 4,900,000

$ 4,498,300

Sale Agreement [Member] | Horseshoe Bay Texas [Member]

Product Liability Contingency [Line Items]

Payment to acquire property, pland and equipment

$ 16,900,000

$ 2,500,000

Sale Agreement [Member] | National Public Builder [Member]

Product Liability Contingency [Line Items]

Amount received from sale of finished lots

$ 7,000,000

Nonrefundable earnest money

$ 875,000

Payment to acquire property, pland and equipment

$ 8,910,000

$ 7,920,000

Purchase And Sale Agreement [Member] | Port Orchard Washington [Member]

Product Liability Contingency [Line Items]

Area of land | a

9.6

Payment to acquire property, pland and equipment

$ 1,440,000

Purchase And Sale Agreement [Member] | East Bremerton Washington [Member]

Product Liability Contingency [Line Items]

Payment to acquire property, pland and equipment

$ 2,040,000

Purchase And Sale Agreement [Member] | Horseshoe Bay Texas [Member]

Product Liability Contingency [Line Items]

Area of land

31

2,700

Payment to acquire property, pland and equipment

$ 2,005,200

$ 4,750,000

$ 16,900,000

Purchase And Sale Agreement [Member] | Punta Gorda Florida [Member]

Product Liability Contingency [Line Items]

Area of land | a

53

Payment to acquire property, pland and equipment

$ 4,700,000

Purchase And Sale Agreement [Member] | Olympia Washington [Member]

Product Liability Contingency [Line Items]

Payment to acquire property, pland and equipment

$ 4,425,000

Purchase And Sale Agreement [Member] | Burien Washington [Member]

Product Liability Contingency [Line Items]

Payment to acquire property, pland and equipment

$ 2,600,000

Purchase And Sale Agreement [Member] | Auburn California [Member]

Product Liability Contingency [Line Items]

Payment to acquire property, pland and equipment

$ 4,900,000

Purchase And Sale Agreements [Member] | Bremerton Washington [Member]

Product Liability Contingency [Line Items]

Payment to acquire property, pland and equipment

$ 1,500,000

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	Dec. 31, 2020	Sep. 02, 2020	Aug. 13, 2020	May 31, 2020	Apr. 19, 2020	Dec. 31, 2019	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Related Party Transaction [Line Items]
Debt instrument face amount	$ 10,092,500					$ 9,647,700	$ 27,523,700		$ 27,523,700		$ 10,092,500	$ 9,647,700
Interest expense							85,300	$ 18,700	183,400	$ 90,300	382,900	358,300
Payment to acquire property									175,100	321,800	408,000	402,800
Distributions to owner						495,500						349,400
Amount received in exchage for transfer						0
Land and related mining bond						495,500						495,500
Curb Funding, LLC [Member]
Related Party Transaction [Line Items]
Debt instrument term			1 year
Debt instrument interest rate percentage			12.00%
Debt discounts	0								0		1,100
Outstanding loan balances	51,800					0	0		0		51,800	0
Debt instrument face amount	$ 3,500					0	$ 0		$ 0		3,500	0
Olympic Views, LLC [Member]
Related Party Transaction [Line Items]
Payment to acquire property		$ 3,430,000									$ 3,430,000
Olympic Views, LLC [Member] | Chief Executive Officer and President [Member]
Related Party Transaction [Line Items]
Ownership percentage		50.00%
SGRE, LLC [Member]
Related Party Transaction [Line Items]
Ownership percentage	100.00%						100.00%		100.00%		100.00%
Percentage of commision payable	25.00%						25.00%		25.00%		25.00%
Commission payable									$ 0		$ 0
Commission expense							$ 26,800	0	41,900	78,300	136,500	0
Commission payable	$ 0					0					0	0
Due to related party	$ 0					8,100					0	8,100
Richard Schmidktke [Member]
Related Party Transaction [Line Items]
Fees payable									0		500	13,500
Accounting expenses							$ 500	12,000	$ 500	34,300	$ 51,000	26,300
Construction Loans [Member]
Related Party Transaction [Line Items]
Debt instrument term									1 year		1 year
Construction Loans [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate percentage	8.00%						5.00%		5.00%		8.00%
Construction Loans [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate percentage	40.00%						39.00%		39.00%		40.00%
Construction Loans [Member] | Sound Equity, LLC [Member]
Related Party Transaction [Line Items]
Debt instrument term									1 year
Loan origination fees							$ 465,200	0	$ 552,800	0
Debt discounts									466,000		$ 202,500
Prepaid interest							1,141,800	$ 293,400	1,431,100	621,300
Prepaid interest reserve	$ 466,600						1,431,600		1,431,600		466,600
Outstanding loan balances	6,489,900						$ 12,250,200		12,250,200		6,489,900
Interest expense									$ 2,800	0
Construction Loans [Member] | Sound Equity, LLC [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate percentage							8.49%		8.49%
Construction Loans [Member] | Sound Equity, LLC [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate percentage							12.00%		12.00%
Construction Loans [Member] | Olympic Views, LLC [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate percentage					12.00%
Outstanding loan balances	0					442,000	$ 0		$ 0		0	442,000
Debt instrument face amount					$ 442,000
Interest expense									$ 0	$ 33,200	$ 17,400	37,600
Ownership percentage					50.00%
Debt instrument maturity date					Apr. 19, 2020
Accrued interest				$ 55,000
Share issued price per share				$ 6
Stock issued during period shares				82,826
Construction Loans [Member] | Sound Capital Loans Inc [Member]
Related Party Transaction [Line Items]
Debt instrument term											1 year
Loan origination fees											$ 418,300	771,700
Debt discounts											202,500	402,300
Prepaid interest reserve	466,600					451,500					466,600	451,500
Outstanding loan balances	6,438,100					14,935,000					6,438,100	14,935,000
Interest expense											3,000	0
Prepaid interest	$ 726,500					$ 705,700					$ 726,500	$ 705,700
Construction Loans [Member] | Sound Capital Loans Inc [Member] | Minimum [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate percentage	7.99%										7.99%
Construction Loans [Member] | Sound Capital Loans Inc [Member] | Maximum [Member]
Related Party Transaction [Line Items]
Debt instrument interest rate percentage	12.00%										12.00%

SCHEDULE OF STOCK OPTIONS ACTIV

SCHEDULE OF STOCK OPTIONS ACTIVITY (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding, Beginning balance	442,172	264,426	157,664
Weighted Average Exercise Price, Outstanding, Beginning balance	$ 2.53	$ 0.41	$ 0.42
Options Exercisable, Beginning balance	219,085	117,218
Weighted Average Exercise Price, Exercisable	$ 1.31	$ 0.42
Options, Granted		213,784	106,762
Weighted Average Exercise Price, Granted		$ 4.79	$ 0.40
Options, Exercised
Weighted Average Exercise Price, Exercised
Options, Forfeited/Cancelled		(36,038)
Weighted Average Exercise Price, Forfeited/Cancelled		$ 0.40
Options, Outstanding, Ending balance		442,172	264,426
Weighted Average Exercise Price, Outstanding, Ending balance	2.80	$ 2.53	$ 0.41
Options Exercisable, , Ending balance		219,085	117,218
Weighted Average Exercise Price, Exercisable, Ending balanc	$ 2.54	$ 1.31	$ 0.42
Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding, Beginning balance	442,172
Weighted Average Exercise Price, Outstanding, Beginning balance	$ 2.53
Options Exercisable, Beginning balance	219,085
Weighted Average Exercise Price, Exercisable	$ 1.31
Options, Granted	25,000
Weighted Average Exercise Price, Granted	$ 3.39
Options, Exercised	(45,046)
Weighted Average Exercise Price, Exercised	$ 0.40
Options, Forfeited/Cancelled
Weighted Average Exercise Price, Forfeited/Cancelled
Options, Outstanding, Ending balance	422,126	442,172
Weighted Average Exercise Price, Outstanding, Ending balance	$ 2.80	$ 2.53
Options Exercisable, , Ending balance	306,117	219,085
Weighted Average Exercise Price, Exercisable, Ending balanc	$ 2.54	$ 1.31

SCHEDULE OF STOCK OPTIONS OUTST

SCHEDULE OF STOCK OPTIONS OUTSTANDING AND EXERCISABLE (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Exercise Price
Number of Option Outstanding	422,126	442,172
Weighed Averate Remaining Contractual Life (in years)	6 years 25 days	6 years
Weighted Average Exercise Price, Outstanding, Ending balance	$ 2.80	$ 2.53	0.41	$ 0.42
Number of Option Exercisable	306,117	219,085
Weighted Average Exercise Price, Exercisable	$ 2.54	$ 1.31	$ 0.42
Minimum [Member]
Exercise Price	0.40	0.40
Weighted Average Exercise Price, Exercisable	3.36
Maximum [Member]
Exercise Price	6.50	$ 6.50
Weighted Average Exercise Price, Exercisable	$ 3.41

SCHEDULE OF WARRANTS ACTIVITY (

SCHEDULE OF WARRANTS ACTIVITY (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Common Stock Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Outstanding, Beginning	110,859
Weighted Average Exercise Price, Outstanding, Beginning	$ 6.06
Warrants Exercisable, Beginning	22,524
Weighted Average Exercise Price, Exercisable Beginning	$ 0.40
Warrants, Granted	4,757,665
Weighted Average Exercise Price, Granted	$ 4.89
Warrants, Exercised
Weighted Average Exercise Price, Exercised
Warrants, Forfeited/Cancelled
Weighted Average Exercise Price, Forfeited/Cancelled
Outstanding, Ending	4,868,524	110,859
Weighted Average Exercise Price, Outstanding, Ending	$ 4.92	$ 6.06
Warrants Exercisable, Ending	3,804,189	22,524
Weighted Average Exercise Price, Exercisable, Ending	$ 4.97	$ 0.40
Preferred Stock Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Outstanding, Beginning
Weighted Average Exercise Price, Outstanding, Beginning
Warrants Exercisable, Beginning
Weighted Average Exercise Price, Exercisable Beginning
Warrants, Granted	12,000
Weighted Average Exercise Price, Granted	$ 24.97
Warrants, Exercised
Weighted Average Exercise Price, Exercised
Warrants, Forfeited/Cancelled
Weighted Average Exercise Price, Forfeited/Cancelled
Outstanding, Ending	12,000
Weighted Average Exercise Price, Outstanding, Ending	$ 24.97
Warrants Exercisable, Ending
Weighted Average Exercise Price, Exercisable, Ending
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Outstanding, Beginning	110,859	22,524
Weighted Average Exercise Price, Outstanding, Beginning	$ 6.06	$ 0.40
Warrants Exercisable, Beginning	22,524	22,524
Weighted Average Exercise Price, Exercisable Beginning	$ 0.40	$ 0.40
Warrants, Granted		88,335	22,524
Weighted Average Exercise Price, Granted		$ 7.50	$ 0.40
Warrants, Exercised
Weighted Average Exercise Price, Exercised
Warrants, Forfeited/Cancelled
Weighted Average Exercise Price, Forfeited/Cancelled
Outstanding, Ending		110,859	22,524
Weighted Average Exercise Price, Outstanding, Ending		$ 6.06	$ 0.40
Warrants Exercisable, Ending		22,524	22,524
Weighted Average Exercise Price, Exercisable, Ending		$ 0.40	$ 0.40

SCHEDULE OF WARRANTS OUTSTANDIN

SCHEDULE OF WARRANTS OUTSTANDING AND EXERCISABLE (Details) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Option Outstanding	422,126	442,172
Common Stock Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Option Outstanding	4,868,524
Weighed Averate Remaining Contractual Life (in years)	4 years 11 months 1 day
Weighted Average Exercise Price	$ 4.92
Number of Option Exercisable	3,804,189
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	$ 4.97
Common Stock Warrant [Member] | Minimum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Weighted Average Exercise Price, Exercisable	0.40
Common Stock Warrant [Member] | Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Weighted Average Exercise Price, Exercisable	7.50
Preferred Stock Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Weighted Average Exercise Price, Exercisable	$ 24.97
Number of Option Outstanding	12,000
Weighed Averate Remaining Contractual Life (in years)	4 years 11 months 12 days
Number of Option Exercisable	12,000
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	$ 24.97
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Number of Option Outstanding		110,859
Weighed Averate Remaining Contractual Life (in years)		5 years 6 months 3 days
Weighted Average Exercise Price	$ 24.97	$ 6.06
Number of Option Exercisable		22,524
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number		$ 0.40
Warrant [Member] | Minimum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Weighted Average Exercise Price, Exercisable		0.40
Warrant [Member] | Maximum [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Weighted Average Exercise Price, Exercisable		$ 7.50

SCHEDULE OF RESTRICTED STOCK UN

SCHEDULE OF RESTRICTED STOCK UNIT ACTIVITY (Details) - Restricted Stock Units (RSUs) [Member] - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning	34,000
Weighted Average Exercise Price, Outstanding, Beginning	$ 4.53
RSU, exercisable, Beginning	8,500
Weighted Average Exercise Price, Exercisable, Beginning	$ 4.53
RSU, Granted		34,000
Weighted Average Exercise Price, Granted		$ 4.53
RSU, Exercised
Weighted Average Exercise Price, Exercised
RSU, Forfeited/Cancelled
Weighted Average Exercise Price, Forfeited/cancelled
Outstanding, Ending	34,000	34,000
Weighted Average Exercise Price, Outstanding, Ending	$ 4.53	$ 4.53
RSU, Exercisable, Ending	25,500	8,500
Weighted Average Exercise Price, Exercisable, Ending	$ 4.53	$ 4.53

STOCKHOLDERS_ EQUITY (DEFICIT_2

STOCKHOLDERS’ EQUITY (DEFICIT) (Details Narrative) - USD ($)	Jun. 11, 2021	Jan. 20, 2021	Jan. 15, 2021	Jan. 11, 2021	Dec. 31, 2020	Sep. 01, 2020	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Class of Stock [Line Items]
Common Stock, Shares Authorized					50,000,000		50,000,000			50,000,000		50,000,000	50,000,000
Common Stock, Par or Stated Value Per Share							$ 0			$ 0
Common Stock, Shares, Outstanding					5,636,548		14,898,594			14,898,594		5,636,548	3,513,517
Preferred Stock, Shares Authorized					10,000,000		10,000,000			10,000,000		10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share							$ 0			$ 0
Preferred Stock, Shares Issued					0		1,260,555			1,260,555		0	0
Preferred stock, dividend rate										8.00%
Redemption price per share							$ 25			$ 25
Accrued dividends							$ 140,100			$ 140,100
Net proceeds from issuance of common stock										$ 25,101,000		$ 10,789,000
Stock options issued												213,784	106,762
Options exercise price					$ 1.31		$ 2.54			$ 2.54		$ 1.31	$ 0.42
Stock options, term										10 years
Options and warrants vesting period										2 years
Aggregated fair value of stock options										$ 29,600
Stock options exercised					219,085							219,085	117,218
Stock options exercised for former employees
Share based compensation, net of forfeitures							$ 115,800	$ 115,100	$ 1,100			$ 115,700	$ 5,500
Share based compensation										138,400
Stock based compensation unrecognised							38,500			38,500
R S U Plan [Member]
Class of Stock [Line Items]
Share based compensation												43,800
Stock based compensation unrecognised					$ 115,500							115,500
Restricted Stock Units (RSUs) [Member]
Class of Stock [Line Items]
Share based compensation							38,500		0	77,000	0
Share-based Payment Arrangement [Member]
Class of Stock [Line Items]
Share based compensation												71,900	5,500
Options, intrinsic value for outstanding					973,800							973,800	0
Options, intrinsic value for exercisable					706,200							706,200	$ 0
Stock based compensation unrecognised					$ 264,600							$ 264,600
Equity Option [Member]
Class of Stock [Line Items]
Share based compensation, net of forfeitures							77,300		1,100	153,900	$ 1,100
Options, intrinsic value for outstanding							552,200			552,200
Options, intrinsic value for exercisable							$ 460,600			$ 460,600
Minimum [Member]
Class of Stock [Line Items]
Options exercise price							$ 3.36			$ 3.36
Stock options exercised for former employees										0.40		$ 0.40
Maximum [Member]
Class of Stock [Line Items]
Options exercise price							$ 3.41			3.41
Stock options exercised for former employees										$ 6.50		$ 6.50
Employees [Member]
Class of Stock [Line Items]
Stock options issued										25,000
Former Employee [Member]
Class of Stock [Line Items]
Stock options exercised							45,046			45,046
Stock options exercised for former employees										$ 0.40
Shares exercised as additional paid in capital										$ 18,000
Board Of Directors And Employee [Member] | Share-based Payment Arrangement [Member]
Class of Stock [Line Items]
Stock issued during period shares												213,784	106,762
Share issued price per share													$ 0.40
Stock options, term													10 years
Options and warrants vesting period													3 years
Aggregated fair value of stock options													$ 9,000
Board Of Directors And Employee [Member] | Minimum [Member] | Share-based Payment Arrangement [Member]
Class of Stock [Line Items]
Share issued price per share					$ 2.22							$ 2.22
Term of warrants					5 years							5 years
Options and warrants vesting period												1 year
Aggregated fair value of stock options												$ 343,700
Board Of Directors And Employee [Member] | Maximum [Member] | Share-based Payment Arrangement [Member]
Class of Stock [Line Items]
Share issued price per share					$ 6.50							$ 6.50
Term of warrants					10 years							10 years
Options and warrants vesting period												2 years
Consultant [Member]
Class of Stock [Line Items]
Warrants to purchase aggregate shares of common stock													22,524
Exercises price per share													$ 0.40
Term of warrants													10 years
Fair value of warrants													$ 1,600
IPO [Member]
Class of Stock [Line Items]
Stock issued during period shares						2,031,705
Share issued price per share						$ 6
Number of common stock share sold						265,005
Gross proceeds from issuance common stock						$ 12,190,200
Net proceeds from issuance of common stock						$ 10,789,000
Warrants to purchase aggregate shares of common stock					88,335		88,335			88,335		88,335
Exercises price per share					$ 7.50		$ 7.50			$ 7.50		$ 7.50
Term of warrants					4 years		4 years			4 years		4 years
Fair value of warrants					$ 167,400		$ 167,400			$ 167,400		$ 167,400
IPO [Member] | Olympic Views, LLC [Member]
Class of Stock [Line Items]
Share issued price per share					$ 6		$ 6			$ 6		$ 6
Shares issued on conversion of debt					82,826					82,826
Value of shares issued on conversion of debt					$ 442,000					$ 442,000
Accrued interest					55,000		$ 55,000			$ 55,000		$ 55,000
Followon Offering [Member]
Class of Stock [Line Items]
Stock issued during period shares		9,200,000	9,200,000
Share issued price per share		$ 3	$ 3
Number of common stock share sold		1,200,000	1,200,000
Gross proceeds from issuance common stock		$ 27,600,000	$ 27,600,000
Net proceeds from issuance of common stock		$ 25,101,000	$ 25,101,000
Warrants to purchase aggregate shares of common stock							400,000			400,000
Exercises price per share							$ 3.75			$ 3.75
Term of warrants							5 years			5 years
Fair value of warrants							$ 453,800			$ 453,800
Preferred Stock Offering [Member]
Class of Stock [Line Items]
Stock issued during period shares	1,200,000									60,555
Share issued price per share				$ 5
Number of common stock share sold				4,140,000
Gross proceeds from issuance common stock										$ 1,406,200
Warrants to purchase aggregate shares of common stock	540,000
Sale of Stock, Consideration Received on Transaction	$ 30,005,400
Stock issuance cost										$ 28,661,000
Common Stock [Member]
Class of Stock [Line Items]
Conversion price per share							$ 4.50			$ 4.50
Conversion of shares							5.556			5.556
Stock issued during period shares								9,200,000				2,031,705
Share based compensation, net of forfeitures
Warrant One [Member] | Preferred Stock Offering [Member]
Class of Stock [Line Items]
Warrants to purchase aggregate shares of common stock							12,000			12,000
Warrant Two [Member] | Preferred Stock Offering [Member]
Class of Stock [Line Items]
Warrants to purchase aggregate shares of common stock							36,000			36,000
Exercises price per share							$ 5			$ 5
Warrant [Member]
Class of Stock [Line Items]
Warrants to purchase aggregate shares of common stock													88,335
Exercises price per share													$ 7.50
Term of warrants													5 years
Fair value of warrants													$ 167,400
Fair value of warrants							$ 3,701,600			$ 3,701,600
Options and warrants vesting period													1 year
Options, intrinsic value for outstanding													$ 0
Options, intrinsic value for exercisable													$ 0
Warrant [Member] | Investor [Member]
Class of Stock [Line Items]
Exercises price per share							$ 5			$ 5
Warrants term										5 years
Preferred Warrant [Member]
Class of Stock [Line Items]
Options, intrinsic value for outstanding							$ 0			$ 0
Options, intrinsic value for exercisable							0			0
Common Stock Warrant [Member]
Class of Stock [Line Items]
Options, intrinsic value for outstanding					89,200		64,000			64,000		$ 89,200
Options, intrinsic value for exercisable					$ 89,200		$ 64,000			$ 64,000		$ 89,200
Series A Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Issued							1,260,555			1,260,555
Preferred stock, dividend rate										8.00%
Preferred stock, liquidation preference							$ 25			$ 25

SCHEDULE OF COMPANY_S REPORTABL

SCHEDULE OF COMPANY’S REPORTABLE SEGMENT (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Sales	$ 14,132,400	$ 8,329,800	$ 28,006,600	$ 18,270,800	$ 50,397,000	$ 30,953,500
Cost of Revenue	10,805,100	7,436,000	24,072,100	17,264,200	48,393,800	27,645,100
Gross Profit	3,327,300	893,800	3,934,500	1,006,600	$ 2,003,200	$ 3,308,400
Homes [Member]
Segment Reporting Information [Line Items]
Sales	3,474,200	8,329,800	10,348,400	18,270,800
Cost of Revenue	2,681,500	7,436,000	8,742,800	17,264,200
Gross Profit	792,700	893,800	1,605,600	1,006,600
Completed Lots [Member]
Segment Reporting Information [Line Items]
Sales			7,000,000
Cost of Revenue			7,046,400
Gross Profit			(46,400)
Entitled Land [Member]
Segment Reporting Information [Line Items]
Sales	9,310,000		9,310,000
Cost of Revenue	6,934,900		7,094,200
Gross Profit	2,375,100		2,215,800
Fee Build [Member]
Segment Reporting Information [Line Items]
Sales	1,348,200		1,348,200
Cost of Revenue	1,188,700		1,188,700
Gross Profit	$ 159,500		$ 159,500

SUMMARY OF COST, ESTIMATED EARN

SUMMARY OF COST, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Contractors [Abstract]
Costs incurred on uncompleted contracts	$ 1,188,700
Estimated earnings	292,800
Costs and estimated earnings on uncompleted contracts	1,481,500
Billings to date	1,287,000
Costs and estimated earnings in excess of billings on uncompleted contracts	194,500
Costs and earnings in excess of billings on completed contracts
Total	194,500
Costs in excess of billings	194,500
Billings in excess of cost
Total	$ 194,500

UNCOMPLETED CONTRACTS (Details

UNCOMPLETED CONTRACTS (Details Narrative) - USD ($)	Jun. 30, 2021	Dec. 31, 2020
Contractors [Abstract]
Contract Assets, net	$ 1,481,500
Uncollected billings	1,287,000
Costs in excess of billings	$ 194,500

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative)

Jul. 29, 2021USD ($)

Jul. 26, 2021USD ($)

Jul. 12, 2021USD ($)

Jul. 09, 2021USD ($)

Jun. 07, 2021USD ($)

May 06, 2021USD ($)a

Apr. 25, 2021USD ($)a

Apr. 20, 2021USD ($)

Mar. 30, 2021USD ($)

Mar. 23, 2021USD ($)

Mar. 18, 2021USD ($)

Mar. 16, 2021USD ($)$ / sharesshares

Mar. 11, 2021USD ($)

Mar. 09, 2021USD ($)

Mar. 08, 2021USD ($)

Mar. 05, 2021USD ($)

Feb. 25, 2021USD ($)

Feb. 22, 2021USD ($)

Feb. 16, 2021USD ($)

Jan. 29, 2021USD ($)

Jan. 21, 2021USD ($)

Jan. 20, 2021USD ($)$ / sharesshares

Jan. 15, 2021USD ($)$ / sharesshares

Nov. 18, 2020USD ($)

Mar. 01, 2021USD ($)

Mar. 31, 2021USD ($)shares

Jun. 30, 2021USD ($)

Jun. 30, 2020USD ($)

Dec. 31, 2020USD ($)shares

Dec. 31, 2019USD ($)shares

Apr. 25, 2021ft²

Subsequent Event [Line Items]

Net proceeds from issuance of common stock

$ 25,101,000

$ 10,789,000

Stock redeemed, shares | shares

Stock redeemed, value

$ 18,000

Payment to acquire property, pland and equipment

175,100

321,800

$ 408,000

$ 402,800

Proceeds from Sale of Property, Plant, and Equipment

$ 69,500

$ 145,400

$ 987,200

Austin Texas [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 755,000

Auburn California [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 4,900,000

$ 4,498,300

Driftwood Texas [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 1,584,350

Belfair Washington [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 3,915,000

Rocklin California [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 3,944,050

Tacoma Washington [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 2,000,000

Purchase And Sale Agreement [Member] | Horseshoe Bay Texas [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 2,005,200

$ 4,750,000

$ 16,900,000

Area of land

31

2,700

Purchase And Sale Agreement [Member] | Horseshoe Bay Texas [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 60,000

Purchase And Sale Agreement [Member] | Punta Gorda Florida [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 4,700,000

Area of land | a

53

Purchase And Sale Agreement [Member] | Olympia Washington [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 4,425,000

Purchase And Sale Agreement [Member] | Sacramento California [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 5,544,000

Purchase And Sale Agreement [Member] | Auburn California [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 4,900,000

Purchase And Sale Agreement [Member] | Loomis California [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 1,100,000

Purchase And Sale Agreement [Member] | Belfair Washington [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 8,640,000

Purchase And Sale Agreement [Member] | Gig Harbor Washington [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

3,050,000

Purchase And Sale Agreement [Member] | Spicewood Texas [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 915,000

Sale Agreement [Member] | National Public Builder [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 8,910,000

$ 7,920,000

Sale Agreement [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Proceeds from Sale of Property, Plant, and Equipment

$ 10,440,000

Sale Agreement [Member] | Horseshoe Bay Texas [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 16,900,000

$ 2,500,000

Sale Agreement [Member] | Loomis California [Member]

Subsequent Event [Line Items]

Payment to acquire property, pland and equipment

$ 6,850,000

Non-Binding Credit Facilities Agreement [Member] | Subsequent Event [Member]

Subsequent Event [Line Items]

Proceeds from line of credit

$ 158,400,000

Former Employee [Member]

Subsequent Event [Line Items]

Share price | $ / shares

$ 0.40

Stock redeemed, shares | shares

45,046

Stock redeemed, value

$ 18,000

Common Stock [Member]

Subsequent Event [Line Items]

Stock issued | shares

9,200,000

2,031,705

Stock redeemed, shares | shares

45,046

Follow On Public Offering [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Stock issued | shares

9,200,000

9,200,000

Share price | $ / shares

$ 3

$ 3

Gross proceeds from issuance of common stock

$ 27,600,000

$ 27,600,000

Warrants issued | shares

400,000

400,000

Net proceeds from issuance of common stock

$ 25,256,000

$ 25,256,000

Underwriters Option [Member] | Common Stock [Member]

Subsequent Event [Line Items]

Stock issued | shares

1,200,000

1,200,000

NATURE OF OPERATIONS AND SUMM_4

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 03, 2020	Sep. 01, 2020	Jan. 02, 2019	Nov. 19, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-controlling interest	$ 1,291,600		$ 1,291,600		$ 1,289,900	$ 1,060,600
Reverse stock split			1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock.		1-for-2.22 reverse split of the Company’s common stock, which was effected on April 15, 2020. The reverse split combined each 2.22 shares of the Company’s outstanding common stock into one share of common stock.
Number of financial statements, description			All numbers in these financial statements are rounded to the nearest $100.		All numbers in these financial statements are rounded to the nearest $100.
Cash equivalents	0		$ 0		$ 0	0
Allowance for doubtful accounts	11,000		11,000		0	11,300
Capitalized interest from related party borrowings	219,100	$ 323,300	404,400	$ 636,400	1,024,800	1,229,400
Capitalized interest from third-party borrowings	264,900	657,900	475,800	1,051,000	2,401,400	1,563,700
Advertising expense	11,500	$ 1,000	12,000	$ 8,500	37,500	67,500
Operating lease liability	852,900		852,900		841,700	1,115,500			$ 474,200
Operating lease right-of-use assets	877,400		877,400		873,800	1,132,700			$ 474,200
Offering costs					$ 65,100			$ 1,401,100
Two Thousand Eighteen Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved shares of common stock issuance										675,676
Two Thousand Twenty Restricted Stock Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Reserved shares of common stock issuance					700,000		700,000

SCHEDULE OF COMPONENTS OF LEASE

SCHEDULE OF COMPONENTS OF LEASE EXPENSE (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases
Depreciation of assets	$ 88,000	$ 98,300
Interest on lease liabilities	38,000	52,600
Operating lease expense	328,300	200,800
Total net lease cost	$ 454,300	$ 351,700

SCHEDULE OF SUPPLEMENTAL BALANC

SCHEDULE OF SUPPLEMENTAL BALANCE SHEET INFORMATION RELATED TO LEASES (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Jan. 02, 2019
Leases
Operating lease ROU assets	$ 877,400	$ 873,800	$ 1,132,700	$ 474,200
Total ROU Liabilities	852,900	841,700	1,115,500	$ 474,200
Property and equipment, at cost		1,411,100	983,400
Accumulated depreciation		140,400	250,500
Property and equipment, net		1,270,700	732,900
Total Finance lease liabilities	$ 759,100	$ 999,400	$ 520,700

SCHEDULE OF SUPPLEMENTAL CASH F

SCHEDULE OF SUPPLEMENTAL CASH FLOW AND OTHER INFORMATION RELATED TO LEASES (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Leases
Operating cash flows from operating leases	$ (273,800)	$ (170,700)
Financing cash flows from finance leases	(564,400)	(185,100)
Operating leases	0	1,286,200
Finance leases	$ 1,043,100	$ 0
Weighted average remaining lease term (in years): Operating leases	3 years 2 months 12 days	3 years 9 months 18 days
Weighted average remaining lease term (in years): Finance leases	3 years 1 month 6 days	2 years
Weighted average discount rate: Operating leases	9.90%	7.00%
Weighted average discount rate: Finance leases	5.20%	7.98%

SCHEDULE OF MINIMUM LEASE PAYME

SCHEDULE OF MINIMUM LEASE PAYMENTS UNDER THE TERMS OF THE LEASES (Details) - USD ($)	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019	Jan. 02, 2019
Leases
Operating Leases, 2021		$ 320,800
Finance Leases, 2021		397,100
2021		717,900
Operating Leases, 2022		303,000
Finance Leases, 2022		269,400
2022		572,400
Operating Leases, 2023		196,800
Finance Leases, 2023		264,500
2023		461,300
Operating Leases, 2024		113,900
Finance Leases, 2024		161,300
2024		276,200
Operating Leases, 2025
Finance Leases, 2025
2025
Operating Leases, Total Lease payments		934,500
Finance Leases, Total Lease payments		1,093,300
Total Lease payments		2,027,800
Operating Leases, Less Amount discount/Interest		(92,800)
Finance Leases, Less Amount discount/Interest		(93,900)
Less Amount discount/Interest		(186,700)
Right of Use Liabilities	$ 852,900	841,700	$ 1,115,500	$ 474,200
Finance Leases	$ 759,100	999,400	$ 520,700
Total lease		$ 1,841,100

LEASES (Details Narrative)

LEASES (Details Narrative)	Dec. 31, 2020
Leases
Lease term	12 months

SCHEDULE OF COMPONENTS OF NET D

SCHEDULE OF COMPONENTS OF NET DEFERRED TAX ASSETS AND LIABILITIES (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal NOL Carryforward	$ 1,794,200	$ 2,316,300
UNICAP	193,000	777,800
Lease Liability	176,700
Stock Based compensation	9,200
Investments	57,100
Total assets	2,230,200	3,094,100
Property and equipment	1,705,400	2,922,500
Right of use assets	183,500
Total liabilities	1,888,900	2,922,500
Subtotal deferred tax assets (liabilities)	341,300	171,600
Valuation Allowance	(341,300)
Net deferred tax assets (liabilities)		$ 171,600

SCHEDULE OF COMPONENTS OF INCOM

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE AND THE EFFECTIVE TAX RATES (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal
Total Current
Federal					(224,500)	(634,600)
Total Deferred					(224,500)	(634,600)
Valuation Allowance					341,300
Total Income Tax (Benefit) Expense		$ 39,900		$ 10,100	$ 116,800	$ (634,600)

SCHEDULE OF EXPECTED INCOME TAX

SCHEDULE OF EXPECTED INCOME TAX RATE (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
US Federal statutory rate	21.00%	21.00%
Adjustment for Deferred Tax	(16.30%)	124.00%
PPP Loan forgiveness	3.20%	0.00%
Change in Federal Valuation Allowance	(9.40%)	0.00%
Non-controlling interest	(1.30%)	0.00%
Other	(0.40%)	0.00%
Effective Tax Rate	(3.20%)	145.00%

INCOME TAX (Details Narrative)

INCOME TAX (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Operating Loss Carryforwards [Line Items]
Change in valuation allowance					$ 341,300
Net operating losses	$ 1,059,500	$ (388,500)	$ (383,100)	$ (1,305,100)	$ (3,490,700)	$ (158,400)
Limitations on use					These NOLs will not expire but are limited to 80% of taxable income, due to the CARES Act.
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Net operating losses					$ 8,500,000