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Note 1 - Organization and Summary of Significant Accounting Policies: Principles of Consolidation (Policies)
12 Months Ended
Dec. 31, 2012
Policies  
Principles of Consolidation

Principles of Consolidation

 

The consolidated financial statements include the accounts of REAL VI and its majority-owned general partnership Real Estate Associates III (“REA III”). All significant intercompany accounts and transactions have been eliminated in consolidation. Losses in excess of the minority interest in equity that would otherwise be attributed to the minority interest are being allocated to the Partnership.