2023 Form 6 · annual filing (Commission on Ethics) · received 2024-05-14 · 34 pages (text)
Net worth$481,979
Income listedtax return
Real estate$1,090,0002 properties
Debts listed$812,330
Worth a look0
Worth a look 0
Nothing stood out under the current rules.
Context 3
ContextUnusual reporting
Net worth $481,979; listed items add up to $482,069
Reported net worth: $481,979. Household goods + listed assets − listed liabilities = $482,069. They roughly agree.
What to check
No action needed unless other items look off.
Rule: Net worth vs. listed items
“Simply subtracting your liabilities from your assets will not result in an accurate net worth figure in most cases.”2023 Form 6 instructions, Net Worth ✓ quoted from the saved instructions · how this rule works
ContextWealth & holdings
Real estate worth $1,090,000 across 2 properties (226% of net worth)
Real estate holdings, as listed.
What to check
Look the parcels up with the county property appraiser: land use (vacant or improved), assessed value and when they were bought.
Check whether any listed liability is a mortgage on these properties.
Rule: Real estate holdings
“Real property: Identify by providing the street address of the property.”2023 Form 6 instructions, Assets ✓ quoted from the saved instructions · how this rule works
ContextWealth & holdings
Holds $3,410 in cryptocurrency (1% of net worth)
Direct cryptocurrency holdings, as listed. Prices are public but volatile; values are as of the net-worth date.
What to check
Compare with the coin's price on the net-worth date if the share is large.
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