Note 1 - Organization and Summary of Significant Accounting Policies: Principles of Consolidation (Policies)

12 Months Ended

Dec. 31, 2013

Policies

Principles of Consolidation

Principles of Consolidation

The financial statements for 2012 were consolidated as they included the accounts of REAL VI and its majority-owned general partnership Real Estate Associates III (“REA III”). As REA III's last investment sold its property in 2012, REA III dissolved in 2013. All significant intercompany accounts and transactions were eliminated in consolidation. Losses in excess of the minority interest in equity that would otherwise be attributed to the minority interest were allocated to the Partnership.